Cabot (CBT) Days Payable : 63.07 (As of Dec. 2023)

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What is Cabot Days Payable?

Cabot's average Accounts Payable for the three months ended in Dec. 2023 was $512 Mil. Cabot's Cost of Goods Sold for the three months ended in Dec. 2023 was $740 Mil. Hence, Cabot's Days Payable for the three months ended in Dec. 2023 was 63.07.

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

CBT' s Days Payable Range Over the Past 10 Years
Min: 46.72 Med: 54.73 Max: 67.78
Current: 67.78

During the past 13 years, Cabot's highest Days Payable was 67.78. The lowest was 46.72. And the median was 54.73.

CBT's Days Payable is ranked better than
56.35% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs CBT: 67.78

Cabot's Days Payable declined from Dec. 2022 (67.68) to Dec. 2023 (63.07). It may suggest that Cabot accelerated paying its suppliers.

Cabot Days Payable Historical Data

The historical data trend for Cabot'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.

* Premium members only.

Cabot Days Payable Chart

Cabot Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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57.53

60.95

55.66

53.80

57.31

Cabot 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															67.68	68.69	72.08	62.03	63.07

Competitive Comparison of Cabot's Days Payable

For the Specialty Chemicals subindustry, Cabot'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.

Cabot's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cabot's Days Payable distribution charts can be found below:

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

Cabot 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.

Cabot's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (533	+	438)	/	2 )	/	3092	*	365
=	485.5					/	3092	*	365
=	57.31

Cabot'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
=	( (438	+	585)	/	2 )	/	740	*	365 / 4
=	511.5					/	740	*	365 / 4
=	63.07

Cabot Days Payable Related Terms

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

Cabot (CBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cabot Corp (NYSE:CBT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CBT:Germany CBT:Germany

Address

Two Seaport Lane, Suite 1400, Boston, MA, USA, 02210

Website

https://www.cabotcorp.com

Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into two segments based on the product type. The reinforcement materials segment, which generates more revenue than any other segment, sells rubber-grade carbon black products used in hoses and belts in automobiles. The performance chemicals segment sells ink-jet colorants and metal oxides used in the automotive and construction industries.

Executives

Erica Mclaughlin	officer: Senior Vice President, CFO	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Karen A Kalita	officer: SVP and General Counsel	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Hobart Kalkstein	officer: Senior Vice President	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Michelle Elizabeth Williams	director	6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Sean D Keohane	officer: Vice President	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Raffiq Nathoo	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1400, BOSTON MA 02210
Douglas G Delgrosso	director
Lisa M Dumont	officer: Controller	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Jeff Ji Zhu	officer: Senior Vice President	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Christine Y Yan	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
John R Doubman	officer: Senior Vice President	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Frank Anders Wilson	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Patrick M. Prevost	director, officer: President and CEO	C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Nicholas S. Cross	officer: Executive Vice President	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Brian A Berube	officer: Vice President,General Counsel	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210