Verso (VRS) Days Payable : 38.75 (As of Dec. 2021)

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What is Verso Days Payable?

Verso's average Accounts Payable for the three months ended in Dec. 2021 was $107 Mil. Verso's Cost of Goods Sold for the three months ended in Dec. 2021 was $252 Mil. Hence, Verso's Days Payable for the three months ended in Dec. 2021 was 38.75.

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

VRS' s Days Payable Range Over the Past 10 Years
Min: 11.78 Med: 28.93 Max: 36.66
Current: 32.03

During the past 13 years, Verso's highest Days Payable was 36.66. The lowest was 11.78. And the median was 28.93.

VRS's Days Payable is not ranked
in the Forest Products industry.
Industry Median: 56.04 vs VRS: 32.03

Verso's Days Payable increased from Dec. 2020 (24.70) to Dec. 2021 (38.75). It may suggest that Verso delayed paying its suppliers.

Verso Days Payable Historical Data

The historical data trend for Verso'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.

Verso Days Payable Chart

Verso Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

22.79

30.74

34.40

36.66

30.76

Verso Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Payable	Get a 7-Day Free Trial															24.70	28.00	28.85	34.14	38.75

Competitive Comparison of Verso's Days Payable

For the Paper & Paper Products subindustry, Verso'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.

Verso's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Verso's Days Payable distribution charts can be found below:

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

Verso 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.

Verso's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (80	+	99)	/	2 )	/	1062	*	365
=	89.5					/	1062	*	365
=	30.76

Verso's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (115	+	99)	/	2 )	/	252	*	365 / 4
=	107					/	252	*	365 / 4
=	38.75

Verso Days Payable Related Terms

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

Verso (VRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Verso Corp (NYSE:VRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8540 Gander Creek Drive, Miamisburg, OH, USA, 45342

Website

https://www.versoco.com

Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.

Executives

Allen James Campbell	officer: SVP and CFO	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Randy J. Nebel	director	KAPSTONE PAPER AND PACKAGING CORP. 1101 SKOKIE BLVD., SUITE 300 NORTHBROOK IL 60062
Jeffrey E Kirt	director	1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10038
Terrence M Dyer	officer: SVP - HR & Comm	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
John Adam St.	director, officer: CEO	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Aaron D. Haas	officer: SVP - Sales & Mktg	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Matthew Archambeau	officer: SVP - Mfg & Energy	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Nancy M Taylor	director	TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Robert K Beckler	director	VERSO CORPORATION 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Marvin D Cooper	director	VERSO CORPORATION, 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Sean T Erwin	director	8540 GANDER CREEK DRIVE DAYTON OH 45342
Leslie T Lederer	other: Former Officer	C/O SMURFIT STONE CONTAINER CORP 150 NORTH MICHIGAN AVE CHICAGO IL 60601
Michael A. Weinhold	officer: President	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Kenneth D Sawyer	officer: SVP - HR & Comm	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
B. Christopher Disantis	director, officer: President and CEO	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342