Hapag-Lloyd AG (XTER:HLAG) Days Payable : 64.24 (As of Dec. 2023)

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What is Hapag-Lloyd AG Days Payable?

Hapag-Lloyd AG's average Accounts Payable for the three months ended in Dec. 2023 was €2,567 Mil. Hapag-Lloyd AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €3,647 Mil. Hence, Hapag-Lloyd AG's Days Payable for the three months ended in Dec. 2023 was 64.24.

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

XTER:HLAG' s Days Payable Range Over the Past 10 Years
Min: 51.83 Med: 56.53 Max: 65.37
Current: 65.37

During the past 13 years, Hapag-Lloyd AG's highest Days Payable was 65.37. The lowest was 51.83. And the median was 56.53.

XTER:HLAG's Days Payable is ranked better than
72.07% of 931 companies
in the Transportation industry
Industry Median: 39.3 vs XTER:HLAG: 65.37

Hapag-Lloyd AG's Days Payable increased from Dec. 2022 (59.09) to Dec. 2023 (64.24). It may suggest that Hapag-Lloyd AG delayed paying its suppliers.

Hapag-Lloyd AG Days Payable Historical Data

The historical data trend for Hapag-Lloyd 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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Hapag-Lloyd AG Days Payable Chart

Hapag-Lloyd AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.70

58.11

59.64

54.78

63.37

Hapag-Lloyd AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															59.09	65.53	70.12	63.81	64.24

Competitive Comparison of Hapag-Lloyd AG's Days Payable

For the Marine Shipping subindustry, Hapag-Lloyd 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.

Hapag-Lloyd AG's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Hapag-Lloyd AG's Days Payable falls into.

Hapag-Lloyd 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.

Hapag-Lloyd 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
=	( (2615.7	+	2487.4)	/	2 )	/	14696.7	*	365
=	2551.55					/	14696.7	*	365
=	63.37

Hapag-Lloyd 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2647.2	+	2487.4)	/	2 )	/	3646.7	*	365 / 4
=	2567.3					/	3646.7	*	365 / 4
=	64.24

Hapag-Lloyd AG Days Payable Related Terms

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Hapag-Lloyd AG (XTER:HLAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hapag-Lloyd AG (XTER:HLAG) » Definitions » Days Payable

Traded in Other Exchanges

HLAGF:USA HPGLY:USA 1HLAG:Italy HLAGd:UK 0RCG:UK HLAG:Austria

Address

Ballindamm 25, Hamburg, DEU, 20095

Website

https://www.hapag-lloyd.com

Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.

Executives

Dr. Maximilian Rothkopf	Board of Directors
Rolf Eric Habben Jansen	Board of Directors

Hapag-Lloyd AG (XTER:HLAG) Headlines

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