Ferroglobe (Ferroglobe) Days Payable : 72.70 (As of Dec. 2023)

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What is Ferroglobe Days Payable?

Ferroglobe's average Accounts Payable for the three months ended in Dec. 2023 was $175 Mil. Ferroglobe's Cost of Goods Sold for the three months ended in Dec. 2023 was $220 Mil. Hence, Ferroglobe's Days Payable for the three months ended in Dec. 2023 was 72.70.

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

GSM' s Days Payable Range Over the Past 10 Years
Min: 46.61 Med: 56.19 Max: 77.07
Current: 69.53

During the past 11 years, Ferroglobe's highest Days Payable was 77.07. The lowest was 46.61. And the median was 56.19.

GSM's Days Payable is ranked worse than
63.19% of 1065 companies
in the Metals & Mining industry
Industry Median: 128.84 vs GSM: 69.53

Ferroglobe's Days Payable increased from Dec. 2022 (62.82) to Dec. 2023 (72.70). It may suggest that Ferroglobe delayed paying its suppliers.

Ferroglobe Days Payable Historical Data

The historical data trend for Ferroglobe'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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Ferroglobe Days Payable Chart

Ferroglobe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.94

65.10

49.60

56.09

77.07

Ferroglobe Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															62.82	66.87	57.48	76.11	72.70

Competitive Comparison of Ferroglobe's Days Payable

For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.

Ferroglobe's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ferroglobe's Days Payable distribution charts can be found below:

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

Ferroglobe 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.

Ferroglobe'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
=	( (219.02	+	183.375)	/	2 )	/	952.818	*	365
=	201.1975					/	952.818	*	365
=	77.07

Ferroglobe'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (166.622	+	183.375)	/	2 )	/	219.662	*	365 / 4
=	174.9985					/	219.662	*	365 / 4
=	72.70

Ferroglobe Days Payable Related Terms

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Ferroglobe (Ferroglobe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ferroglobe PLC (NAS:GSM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5FG:Germany

Address

13 Chesterfield Street, London, GBR, W1J 5JN

Website

https://www.ferroglobe.com

Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel and ductile iron foundry industries. The company's business segments include North America - Silicon; Europe - Manganese; Europe - Silicon; South Africa - Silicon and Other segments The primary raw materials company uses to produce its electrometallurgy products includes its coal and quartz mining operations and its silicon metal and ferroalloy production.