METRO AG (XTER:B4B) Days Payable : 51.01 (As of Sep. 2023)

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What is METRO AG Days Payable?

METRO AG's average Accounts Payable for the three months ended in Sep. 2023 was €3,715 Mil. METRO AG's Cost of Goods Sold for the three months ended in Sep. 2023 was €6,645 Mil. Hence, METRO AG's Days Payable for the three months ended in Sep. 2023 was 51.01.

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

XTER:B4B' s Days Payable Range Over the Past 10 Years
Min: 53.48 Med: 60.91 Max: 71.88
Current: 54.36

During the past 11 years, METRO AG's highest Days Payable was 71.88. The lowest was 53.48. And the median was 60.91.

XTER:B4B's Days Payable is ranked better than
63.31% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs XTER:B4B: 54.36

METRO AG's Days Payable declined from Sep. 2022 (53.25) to Sep. 2023 (51.01). It may suggest that METRO AG accelerated paying its suppliers.

METRO AG Days Payable Historical Data

The historical data trend for METRO 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.

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METRO AG Days Payable Chart

METRO AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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61.46

58.09

59.31

54.13

53.48

METRO AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															53.25	54.85	60.79	52.32	51.01

Competitive Comparison of METRO AG's Days Payable

For the Food Distribution subindustry, METRO 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.

METRO AG's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's Days Payable distribution charts can be found below:

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

METRO 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.

METRO AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (3855	+	3667)	/	2 )	/	25668	*	365
=	3761					/	25668	*	365
=	53.48

METRO AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3762	+	3667)	/	2 )	/	6645	*	365 / 4
=	3714.5					/	6645	*	365 / 4
=	51.01

METRO AG Days Payable Related Terms

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METRO AG (XTER:B4B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » METRO AG (XTER:B4B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0RTE:UK MEO:Austria

Address

Metro-Strasse 1, Dusseldorf, NW, DEU, 40235

Website

https://www.metroag.de

METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.

Executives

Rafael Gasset Giraldez	Board of Directors
Claude Sarrailh	Board of Directors
Dr. Steffen Greubel	Board of Directors

METRO AG (XTER:B4B) Headlines

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