IVU Traffic Technologies AG (XTER:IVU) Days Payable : 3.73 (As of Dec. 2023)

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What is IVU Traffic Technologies AG Days Payable?

IVU Traffic Technologies AG's average Accounts Payable for the three months ended in Dec. 2023 was €2.7 Mil. IVU Traffic Technologies AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €66.8 Mil. Hence, IVU Traffic Technologies AG's Days Payable for the three months ended in Dec. 2023 was 3.73.

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

XTER:IVU' s Days Payable Range Over the Past 10 Years
Min: 12.81 Med: 34.03 Max: 73.16
Current: 12.81

During the past 13 years, IVU Traffic Technologies AG's highest Days Payable was 73.16. The lowest was 12.81. And the median was 34.03.

XTER:IVU's Days Payable is ranked worse than
88.67% of 2525 companies
in the Software industry
Industry Median: 50.65 vs XTER:IVU: 12.81

IVU Traffic Technologies AG's Days Payable declined from Dec. 2022 (5.59) to Dec. 2023 (3.73). It may suggest that IVU Traffic Technologies AG accelerated paying its suppliers.

IVU Traffic Technologies AG Days Payable Historical Data

The historical data trend for IVU Traffic Technologies 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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IVU Traffic Technologies AG Days Payable Chart

IVU Traffic Technologies AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.16

33.39

22.05

20.67

17.27

IVU Traffic Technologies 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															5.59	82.10	33.53	53.34	3.73

Competitive Comparison of IVU Traffic Technologies AG's Days Payable

For the Software - Application subindustry, IVU Traffic Technologies 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.

IVU Traffic Technologies AG's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, IVU Traffic Technologies AG's Days Payable distribution charts can be found below:

* The bar in red indicates where IVU Traffic Technologies AG's Days Payable falls into.

IVU Traffic Technologies 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.

IVU Traffic Technologies 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
=	( (4.748	+	2.786)	/	2 )	/	79.609	*	365
=	3.767					/	79.609	*	365
=	17.27

IVU Traffic Technologies 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
=	( (2.67	+	2.786)	/	2 )	/	66.819	*	365 / 4
=	2.728					/	66.819	*	365 / 4
=	3.73

IVU Traffic Technologies AG Days Payable Related Terms

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IVU Traffic Technologies AG (XTER:IVU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IVU Traffic Technologies AG (XTER:IVU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IVU:Germany IVU:Germany IVU:Germany

Address

Bundesallee 88, Berlin, DEU, 12161

Website

https://www.ivu.com

IVU Traffic Technologies AG is a Germany-based software company. It is engaged in the development, manufacturing, and marketing of software and hardware. It provides installation and maintenance of IT solutions for the operational tasks of public passenger and freight transport. Its product consists of IVU. suite, IVU.rail, IVU.cloud, and many more. The company's business area of operations includes countries like Germany, Europe, and others in which it generates the majority of its revenue from Germany.

Executives

Leon Struijk	Board of Directors
Ute Witt	Supervisory Board
Timo Kirst	Managing Director
Matthias Rust	Board of Directors
Martin Müller-elschner	Board of Directors

IVU Traffic Technologies AG (XTER:IVU) Headlines

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