Adris Grupa DD (ZAG:ADRS) Days Payable : 43.79 (As of Sep. 2023)

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What is Adris Grupa DD Days Payable?

Adris Grupa DD's average Accounts Payable for the three months ended in Sep. 2023 was €128.5 Mil. Adris Grupa DD's Cost of Goods Sold for the three months ended in Sep. 2023 was €267.8 Mil. Hence, Adris Grupa DD's Days Payable for the three months ended in Sep. 2023 was 43.79.

The historical rank and industry rank for Adris Grupa DD's Days Payable or its related term are showing as below:

ZAG:ADRS' s Days Payable Range Over the Past 10 Years
Min: 22.74 Med: 90.6 Max: 114.23
Current: 75.16

During the past 13 years, Adris Grupa DD's highest Days Payable was 114.23. The lowest was 22.74. And the median was 90.60.

ZAG:ADRS's Days Payable is ranked better than
61.22% of 49 companies
in the Insurance industry
Industry Median: 56.92 vs ZAG:ADRS: 75.16

Adris Grupa DD's Days Payable declined from Sep. 2022 (76.07) to Sep. 2023 (43.79). It may suggest that Adris Grupa DD accelerated paying its suppliers.

Adris Grupa DD Days Payable Historical Data

The historical data trend for Adris Grupa DD'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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Adris Grupa DD Days Payable Chart

Adris Grupa DD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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107.97

100.70

101.95

91.61

89.59

Adris Grupa DD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															76.07	-	66.28	51.98	43.79

Competitive Comparison of Adris Grupa DD's Days Payable

For the Insurance - Diversified subindustry, Adris Grupa DD'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.

Adris Grupa DD's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Adris Grupa DD's Days Payable distribution charts can be found below:

* The bar in red indicates where Adris Grupa DD's Days Payable falls into.

Adris Grupa DD 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.

Adris Grupa DD'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
=	( (123.373	+	123.308)	/	2 )	/	502.524	*	365
=	123.3405					/	502.524	*	365
=	89.59

Adris Grupa DD's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (147.091	+	110.002)	/	2 )	/	267.845	*	365 / 4
=	128.5465					/	267.845	*	365 / 4
=	43.79

Adris Grupa DD Days Payable Related Terms

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Adris Grupa DD (ZAG:ADRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Adris Grupa DD (ZAG:ADRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ADRS2:Croatia

Address

Obala Vladimira Nazora 1, Rovinj, HRV, 52210

Website

http://www.adris.hr

Adris Grupa DD is engaged in management and investment of company. Its business unit comprises of Tourism, Healthy food production and Insurance.

Adris Grupa DD (ZAG:ADRS) Headlines

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