Steico SE (XTER:ST5) Days Payable : 50.31 (As of Jun. 2023)

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What is Steico SE Days Payable?

Steico SE's average Accounts Payable for the six months ended in Jun. 2023 was €33.0 Mil. Steico SE's Cost of Goods Sold for the six months ended in Jun. 2023 was €119.7 Mil. Hence, Steico SE's Days Payable for the six months ended in Jun. 2023 was 50.31.

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

XTER:ST5' s Days Payable Range Over the Past 10 Years
Min: 43.92 Med: 51.23 Max: 60.94
Current: 50.6

During the past 13 years, Steico SE's highest Days Payable was 60.94. The lowest was 43.92. And the median was 51.23.

XTER:ST5's Days Payable is ranked worse than
56.43% of 280 companies
in the Forest Products industry
Industry Median: 57.025 vs XTER:ST5: 50.60

Steico SE's Days Payable increased from Jun. 2022 (41.21) to Jun. 2023 (50.31). It may suggest that Steico SE delayed paying its suppliers.

Steico SE Days Payable Historical Data

The historical data trend for Steico 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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Steico SE Days Payable Chart

Steico SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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60.94

58.54

51.71

43.92

44.85

Steico SE 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															42.02	43.70	41.21	53.86	50.31

Competitive Comparison of Steico SE's Days Payable

For the Lumber & Wood Production subindustry, Steico 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.

Steico SE's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Steico SE's Days Payable distribution charts can be found below:

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

Steico 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.

Steico 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
=	( (26.241	+	37.854)	/	2 )	/	260.807	*	365
=	32.0475					/	260.807	*	365
=	44.85

Steico 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: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (37.854	+	28.118)	/	2 )	/	119.658	*	365 / 2
=	32.986					/	119.658	*	365 / 2
=	50.31

Steico SE Days Payable Related Terms

Thank you for viewing the detailed overview of Steico SE's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Steico SE (XTER:ST5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Steico SE (XTER:ST5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1ST:Italy

Address

Otto-Lilienthal-Ring 30, Feldkirchen, DEU, 85622

Website

https://www.steico.com

Steico SE is engaged in the production and sale of a variety of wood fiber insulation products in the European market. Its products include expansion joint fillers, thermal insulation, floor insulation system, multi-purpose rigid insulation boards, multi-purpose wood fiberboards, thermal insulation composite system, sarking, and sheathing boards, construction elements, laminated veneer lumber, sealing systems, and others. The company operates in Germany, European Countries, and the rest of the world.

Executives

Uwe Klaus Lange

Board of Directors

Steico SE (XTER:ST5) Headlines

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