GK Software SE (XTER:GKS) Days Payable : 30.92 (As of Jun. 2023)

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What is GK Software SE Days Payable?

GK Software SE's average Accounts Payable for the three months ended in Jun. 2023 was €9.5 Mil. GK Software SE's Cost of Goods Sold for the three months ended in Jun. 2023 was €27.9 Mil. Hence, GK Software SE's Days Payable for the three months ended in Jun. 2023 was 30.92.

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

XTER:GKS' s Days Payable Range Over the Past 10 Years
Min: 10.02 Med: 14.93 Max: 22.88
Current: 22.88

During the past 13 years, GK Software SE's highest Days Payable was 22.88. The lowest was 10.02. And the median was 14.93.

XTER:GKS's Days Payable is ranked worse than
75.67% of 2524 companies
in the Software industry
Industry Median: 50.7 vs XTER:GKS: 22.88

GK Software SE's Days Payable increased from Jun. 2022 (15.37) to Jun. 2023 (30.92). It may suggest that GK Software SE delayed paying its suppliers.

GK Software SE Days Payable Historical Data

The historical data trend for GK Software SE'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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GK Software SE Days Payable Chart

GK Software SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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10.02

10.49

15.51

20.12

21.22

GK Software SE Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial															15.37	14.84	32.04	24.00	30.92

Competitive Comparison of GK Software SE's Days Payable

For the Software - Application subindustry, GK Software SE'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.

GK Software SE's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where GK Software SE's Days Payable falls into.

GK Software SE 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.

GK Software SE'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
=	( (5.162	+	5.169)	/	2 )	/	88.848	*	365
=	5.1655					/	88.848	*	365
=	21.22

GK Software SE'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: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (13.874	+	5.041)	/	2 )	/	27.914	*	365 / 4
=	9.4575					/	27.914	*	365 / 4
=	30.92

GK Software SE Days Payable Related Terms

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GK Software SE (XTER:GKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GK Software SE (XTER:GKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GKS:Germany

Address

Waldstrasse 7, Schoneck, SN, DEU, D-08261

Website

https://www.gk-software.com

GK Software SE provides standard software for the retail sector. Its products include SAP Store Solutions by GK, GK-in-the-Cloud, Mobile Customer Experience, and many more. Its geographical segments include EMEA; Americas and Other business activities. The company generates maximum revenue from the EMEA segment.

Executives

André Hergert	Board of Directors
Rainer Gläß	Board of Directors
Herbert Zinn	Supervisory Board

GK Software SE (XTER:GKS) Headlines

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