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UET United Electronic Technology AG (XTER:CFC) Days Payable : 74.11 (As of Jun. 2023)


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What is UET United Electronic Technology AG Days Payable?

UET United Electronic Technology AG's average Accounts Payable for the six months ended in Jun. 2023 was €7.08 Mil. UET United Electronic Technology AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €17.44 Mil. Hence, UET United Electronic Technology AG's Days Payable for the six months ended in Jun. 2023 was 74.11.

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

XTER:CFC' s Days Payable Range Over the Past 10 Years
Min: 60.15   Med: 86.86   Max: 185.18
Current: 76.81

During the past 13 years, UET United Electronic Technology AG's highest Days Payable was 185.18. The lowest was 60.15. And the median was 86.86.

XTER:CFC's Days Payable is ranked better than
57.14% of 2422 companies
in the Hardware industry
Industry Median: 67.74 vs XTER:CFC: 76.81

UET United Electronic Technology AG's Days Payable declined from Jun. 2022 (100.92) to Jun. 2023 (74.11). It may suggest that UET United Electronic Technology AG accelerated paying its suppliers.


UET United Electronic Technology AG Days Payable Historical Data

The historical data trend for UET United Electronic Technology 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.

UET United Electronic Technology AG Days Payable Chart

UET United Electronic Technology AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.18 116.67 107.80 81.73 83.48

UET United Electronic Technology AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 79.55 76.37 100.92 77.00 74.11

Competitive Comparison of UET United Electronic Technology AG's Days Payable

For the Communication Equipment subindustry, UET United Electronic Technology 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.


UET United Electronic Technology AG's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, UET United Electronic Technology AG's Days Payable distribution charts can be found below:

* The bar in red indicates where UET United Electronic Technology AG's Days Payable falls into.



UET United Electronic Technology 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.

UET United Electronic Technology AG's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (5.796 + 6.454) / 2 ) / 26.779*365
=6.125 / 26.779*365
=83.48

UET United Electronic Technology AG'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
=( (6.454 + 7.708) / 2 ) / 17.438*365 / 2
=7.081 / 17.438*365 / 2
=74.11

* 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.


UET United Electronic Technology AG Days Payable Related Terms

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UET United Electronic Technology AG (XTER:CFC) Business Description

Traded in Other Exchanges
Address
Frankfurter Strasse 80-82, Eschborn, DEU, 65760
UET United Electronic Technology AG is primarily engaged in systems, telecommunication systems for broadband, wired networks, manufacturing of electronic products, providers of services for development, production, logistics of electronic modules and systems. Geographically it operates through the region of Germany and internationally. Majority of its revenue comes from the systems and electronic products business.

UET United Electronic Technology AG (XTER:CFC) Headlines

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