Alten (XPAR:ATE) Days Payable : 17.72 (As of Dec. 2023)

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What is Alten Days Payable?

Alten's average Accounts Payable for the six months ended in Dec. 2023 was €165 Mil. Alten's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,702 Mil. Hence, Alten's Days Payable for the six months ended in Dec. 2023 was 17.72.

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

XPAR:ATE' s Days Payable Range Over the Past 10 Years
Min: 14.2 Med: 15.84 Max: 17.38
Current: 17.03

During the past 13 years, Alten's highest Days Payable was 17.38. The lowest was 14.20. And the median was 15.84.

XPAR:ATE's Days Payable is ranked worse than
83.17% of 2531 companies
in the Software industry
Industry Median: 50.36 vs XPAR:ATE: 17.03

Alten's Days Payable increased from Dec. 2022 (17.03) to Dec. 2023 (17.72). It may suggest that Alten delayed paying its suppliers.

Alten Days Payable Historical Data

The historical data trend for Alten'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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Alten Days Payable Chart

Alten Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.54

17.38

17.23

15.73

16.30

Alten 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															17.99	18.44	17.03	17.05	17.72

Competitive Comparison of Alten's Days Payable

For the Information Technology Services subindustry, Alten'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.

Alten's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Alten's Days Payable falls into.

Alten 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.

Alten'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
=	( (138.835	+	160.744)	/	2 )	/	3354.378	*	365
=	149.7895					/	3354.378	*	365
=	16.30

Alten's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (169.836	+	160.744)	/	2 )	/	1702.237	*	365 / 2
=	165.29					/	1702.237	*	365 / 2
=	17.72

Alten Days Payable Related Terms

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Alten (XPAR:ATE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alten (XPAR:ATE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0O1S:UK AN3:Germany

Address

40, avenue Andre-Morizet, Boulogne-Billancourt Cedex, Paris, FRA, 92513

Website

https://www.alten.com

Alten is an engineering and technology consulting firm. The company provides design and research projects for the technical and information systems divisions of corporate clients in the industrial, telecommunications, and service sectors. Alten's business consists of three operating segments: engineering and technology consulting; telecoms and networks; and information systems. The engineering and technology consulting segment contributes the majority of group revenue. Alten generates approximately half of its revenue in France with most of the balance derived in other European countries.

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