Schmid Group NV (Schmid Group NV) Days Payable : 125.25 (As of Dec. 2023)

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What is Schmid Group NV Days Payable?

Schmid Group NV's average Accounts Payable for the six months ended in Dec. 2023 was $26.92 Mil. Schmid Group NV's Cost of Goods Sold for the six months ended in Dec. 2023 was $39.22 Mil. Hence, Schmid Group NV's Days Payable for the six months ended in Dec. 2023 was 125.25.

The historical rank and industry rank for Schmid Group NV's Days Payable or its related term are showing as below:

SHMD' s Days Payable Range Over the Past 10 Years
Min: 141.5 Med: 151.37 Max: 407.65
Current: 141.5

During the past 4 years, Schmid Group NV's highest Days Payable was 407.65. The lowest was 141.50. And the median was 151.37.

SHMD's Days Payable is ranked better than
75.29% of 2938 companies
in the Industrial Products industry
Industry Median: 76.8 vs SHMD: 141.50

Schmid Group NV's Days Payable declined from Dec. 2022 (148.74) to Dec. 2023 (125.25). It may suggest that Schmid Group NV accelerated paying its suppliers.

Schmid Group NV Days Payable Historical Data

The historical data trend for Schmid Group NV'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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Schmid Group NV Days Payable Chart

Schmid Group NV Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

407.65

151.37

144.55

Schmid Group NV Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	154.39	148.74	158.61	125.25

Competitive Comparison of Schmid Group NV's Days Payable

For the Specialty Industrial Machinery subindustry, Schmid Group NV'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.

Schmid Group NV's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Schmid Group NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Schmid Group NV's Days Payable falls into.

Schmid Group NV 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.

Schmid Group NV'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
=	( (26.907	+	28.243)	/	2 )	/	69.628	*	365
=	27.575					/	69.628	*	365
=	144.55

Schmid Group NV'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
=	( (25.595	+	28.243)	/	2 )	/	39.224	*	365 / 2
=	26.919					/	39.224	*	365 / 2
=	125.25

Schmid Group NV Days Payable Related Terms

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Schmid Group NV (Schmid Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schmid Group NV (NAS:SHMD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Robert-Bosch-Street 32-36, Freudenstadt, BW, DEU, 72250

Website

https://www.schmid-group.com

Schmid Group NV is a global supplier of equipment, software and services for various industries such as printed circuit board (PCB), substrate manufacturing, photovoltaics, and glass and energy storage with a focus on the highest end of this market in terms of technology and performance. It focuses on a modular product portfolio of machinery to use in the manufacturing of high-end PCB equipment and semiconductor packaging devices which includes common flexible circuit fabrication techniques such as subtractive, semi-additive processes (SAP) and modified semi-additive processes (mSAP).

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