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Leonteq AG (XSWX:LEON) Days Payable : 1,447.02 (As of Dec. 2023)


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What is Leonteq AG Days Payable?

Leonteq AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF484.2 Mil. Leonteq AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF61.1 Mil. Hence, Leonteq AG's Days Payable for the six months ended in Dec. 2023 was 1,447.02.

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

XSWX:LEON' s Days Payable Range Over the Past 10 Years
Min: 700.05   Med: 1189.7   Max: 2863.9
Current: 1081.46

During the past 13 years, Leonteq AG's highest Days Payable was 2863.90. The lowest was 700.05. And the median was 1189.70.

XSWX:LEON's Days Payable is ranked better than
90.87% of 471 companies
in the Asset Management industry
Industry Median: 67.07 vs XSWX:LEON: 1081.46

Leonteq AG's Days Payable declined from Dec. 2022 (2,474.17) to Dec. 2023 (1,447.02). It may suggest that Leonteq AG accelerated paying its suppliers.


Leonteq AG Days Payable Historical Data

The historical data trend for Leonteq AG'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.

* Premium members only.

Leonteq AG Days Payable Chart

Leonteq AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,863.90 1,458.78 1,011.74 739.56 700.05

Leonteq AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,463.12 2,077.60 2,474.17 1,126.00 1,447.02

Competitive Comparison of Leonteq AG's Days Payable

For the Asset Management subindustry, Leonteq AG'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.


Leonteq AG's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Leonteq AG's Days Payable distribution charts can be found below:

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



Leonteq AG 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.

Leonteq AG'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
=( (223.824 + 290.637) / 2 ) / 134.118*365
=257.2305 / 134.118*365
=700.05

Leonteq AG'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
=( (677.671 + 290.637) / 2 ) / 61.062*365 / 2
=484.154 / 61.062*365 / 2
=1,447.02

* 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.


Leonteq AG Days Payable Related Terms

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Leonteq AG (XSWX:LEON) Business Description

Traded in Other Exchanges
Address
Europaallee 39, Zurich, CHE, 8004
Leonteq AG is a Swiss fintech company with a marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has a presence in its home market of Switzerland and Europe, as well as an established footprint in Asia.

Leonteq AG (XSWX:LEON) Headlines

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