Jenoptik AG (XTER:JEN) Days Payable : 57.30 (As of Mar. 2024)

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What is Jenoptik AG Days Payable?

Jenoptik AG's average Accounts Payable for the three months ended in Mar. 2024 was €108 Mil. Jenoptik AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €172 Mil. Hence, Jenoptik AG's Days Payable for the three months ended in Mar. 2024 was 57.30.

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

XTER:JEN' s Days Payable Range Over the Past 10 Years
Min: 39.51 Med: 47.02 Max: 81.03
Current: 50.72

During the past 13 years, Jenoptik AG's highest Days Payable was 81.03. The lowest was 39.51. And the median was 47.02.

XTER:JEN's Days Payable is ranked worse than
67.4% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs XTER:JEN: 50.72

Jenoptik AG's Days Payable declined from Mar. 2023 (58.33) to Mar. 2024 (57.30). It may suggest that Jenoptik AG accelerated paying its suppliers.

Jenoptik AG Days Payable Historical Data

The historical data trend for Jenoptik 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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Jenoptik AG Days Payable Chart

Jenoptik AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.59

81.03

67.99

55.99

54.95

Jenoptik AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															58.33	49.37	47.44	46.91	57.30

Competitive Comparison of Jenoptik AG's Days Payable

For the Electronic Components subindustry, Jenoptik 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.

Jenoptik AG's Days Payable Distribution in the Hardware Industry

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

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

Jenoptik 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.

Jenoptik 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
=	( (100.6	+	108.81)	/	2 )	/	695.527	*	365
=	104.705					/	695.527	*	365
=	54.95

Jenoptik AG's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (108.81	+	107.314)	/	2 )	/	172.074	*	365 / 4
=	108.062					/	172.074	*	365 / 4
=	57.30

Jenoptik AG Days Payable Related Terms

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Jenoptik AG (XTER:JEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jenoptik AG (XTER:JEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JNPKF:USA 1JEN:Italy 0ZPV:UK JEN:Austria

Address

Carl-Zeiss-Strasse 1, Jena, DEU, 07743

Website

https://www.jenoptik.com

Jenoptik AG is a Germany-based company that manufactures and distributes optical technology products to the semiconductor equipment, automotive, medical technology, defense, security, and aviation industries. Its products include optoelectronic systems, power supply, and drive systems, industrial metrology, camera and camera modules, laser technology, light-emitting diode technology, aviation systems, and traffic safety systems. The firm has manufacturing facilities in Europe, the United States, and Asia, and generates revenue all over the world.

Executives

Dr. Stefan Traeger	Board of Directors
Dr. Ralf Kuschnereit	Board of Directors

Jenoptik AG (XTER:JEN) Headlines

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