Logwin AG (XTER:TGHN) Days Payable : 82.17 (As of Dec. 2023)

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What is Logwin AG Days Payable?

Logwin AG's average Accounts Payable for the six months ended in Dec. 2023 was €228 Mil. Logwin AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €507 Mil. Hence, Logwin AG's Days Payable for the six months ended in Dec. 2023 was 82.17.

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

XTER:TGHN' s Days Payable Range Over the Past 10 Years
Min: 51.57 Med: 59.38 Max: 84.75
Current: 83.47

During the past 13 years, Logwin AG's highest Days Payable was 84.75. The lowest was 51.57. And the median was 59.38.

XTER:TGHN's Days Payable is ranked better than
78.72% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs XTER:TGHN: 83.47

Logwin AG's Days Payable increased from Dec. 2022 (58.15) to Dec. 2023 (82.17). It may suggest that Logwin AG delayed paying its suppliers.

Logwin AG Days Payable Historical Data

The historical data trend for Logwin 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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Logwin AG Days Payable Chart

Logwin AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.06

62.62

53.56

54.24

84.75

Logwin AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															53.00	57.35	58.15	83.39	82.17

Competitive Comparison of Logwin AG's Days Payable

For the Integrated Freight & Logistics subindustry, Logwin 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.

Logwin AG's Days Payable Distribution in the Transportation Industry

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

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

Logwin 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.

Logwin 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
=	( (292.992	+	214.428)	/	2 )	/	1092.629	*	365
=	253.71					/	1092.629	*	365
=	84.75

Logwin 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (242.171	+	214.428)	/	2 )	/	507.054	*	365 / 2
=	228.2995					/	507.054	*	365 / 2
=	82.17

Logwin AG Days Payable Related Terms

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Logwin AG (XTER:TGHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Logwin AG (XTER:TGHN) » Definitions » Days Payable

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Traded in Other Exchanges

TGHN:Germany

Address

5, an de Langten, ZIR Potaschberg, Grevenmacher, LUX, L-6776

Website

https://www.logwin-logistics.com

Logwin AG provides transport and logistics services. Its services cover sea freight, air freight, retail network, project logistics, air charter, and ship part logistics, warehousing, value-added services, efulfillment, and transport management. The company has Solutions and Air plus ocean business segments. Solution segment develops contract logistics solutions and offers industry-specific transport and logistics concepts to industrial engineering, automotive, chemicals, electronics, high tech, retail, and fashion companies. Air plus ocean segment manages international shipments through air and sea and related logistics services. Air plus ocean segment generates the majority of the revenues. Geographically, it derived maximum revenue from Germany.

Logwin AG (XTER:TGHN) Headlines

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