Travel Technology Interactive (XPAR:ALTTI) Days Payable : 0.00 (As of Jun. 2023)

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What is Travel Technology Interactive Days Payable?

Travel Technology Interactive's average Accounts Payable for the six months ended in Jun. 2023 was €0.21 Mil. Travel Technology Interactive's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.00 Mil.

The historical rank and industry rank for Travel Technology Interactive's Days Payable or its related term are showing as below:

XPAR:ALTTI' s Days Payable Range Over the Past 10 Years
Min: 20.85 Med: 42.91 Max: 65.84
Current: 55.45

During the past 13 years, Travel Technology Interactive's highest Days Payable was 65.84. The lowest was 20.85. And the median was 42.91.

XPAR:ALTTI's Days Payable is ranked better than
52.71% of 2527 companies
in the Software industry
Industry Median: 49.58 vs XPAR:ALTTI: 55.45

Travel Technology Interactive's Days Payable declined from Jun. 2022 (29.07) to Jun. 2023 (0.00). It may suggest that Travel Technology Interactive accelerated paying its suppliers.

Travel Technology Interactive Days Payable Historical Data

The historical data trend for Travel Technology Interactive's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Travel Technology Interactive Days Payable Chart

Travel Technology Interactive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.24

65.84

49.20

25.36

20.85

Travel Technology Interactive Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															29.10	29.07	26.11	-	-

Competitive Comparison of Travel Technology Interactive's Days Payable

For the Software - Application subindustry, Travel Technology Interactive's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Travel Technology Interactive's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Travel Technology Interactive's Days Payable distribution charts can be found below:

* The bar in red indicates where Travel Technology Interactive's Days Payable falls into.

Travel Technology Interactive Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Travel Technology Interactive's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.159	+	0.15)	/	2 )	/	2.705	*	365
=	0.1545					/	2.705	*	365
=	20.85

Travel Technology Interactive's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.159	+	0.258)	/	2 )	/	0	*	365 / 2
=	0.2085					/	0	*	365 / 2
=	N/A

Travel Technology Interactive Days Payable Related Terms

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Travel Technology Interactive (XPAR:ALTTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Travel Technology Interactive SA (XPAR:ALTTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 rue du Colisee, Paris, FRA, 75008

Website

http://www.ttinteractive.com

Travel Technology Interactive SA is a France-based company engages in software development for air transportation management. Its solutions include Zenith, a cloud-based solution that controls airline's inventory, fares, sales, operations, and revenue management; and Nexlog, a cloud-based cargo management solution.

Travel Technology Interactive (XPAR:ALTTI) Headlines

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