NV Bekaert (NV Bekaert) Days Payable : 72.84 (As of Dec. 2023)

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What is NV Bekaert Days Payable?

NV Bekaert's average Accounts Payable for the six months ended in Dec. 2023 was $743 Mil. NV Bekaert's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,862 Mil. Hence, NV Bekaert's Days Payable for the six months ended in Dec. 2023 was 72.84.

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

BEKAY' s Days Payable Range Over the Past 10 Years
Min: 48.79 Med: 69.26 Max: 83.42
Current: 76.86

During the past 13 years, NV Bekaert's highest Days Payable was 83.42. The lowest was 48.79. And the median was 69.26.

BEKAY's Days Payable is ranked better than
50.72% of 2930 companies
in the Industrial Products industry
Industry Median: 76 vs BEKAY: 76.86

NV Bekaert's Days Payable declined from Dec. 2022 (87.01) to Dec. 2023 (72.84). It may suggest that NV Bekaert accelerated paying its suppliers.

NV Bekaert Days Payable Historical Data

The historical data trend for NV Bekaert'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.

NV Bekaert Days Payable Chart

NV Bekaert Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.70

71.79

82.25

86.40

76.95

NV Bekaert Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															84.78	100.84	87.01	77.91	72.84

Competitive Comparison of NV Bekaert's Days Payable

For the Metal Fabrication subindustry, NV Bekaert'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.

NV Bekaert's Days Payable Distribution in the Industrial Products Industry

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

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

NV Bekaert 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.

NV Bekaert'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
=	( (975.755	+	690.24)	/	2 )	/	3951.242	*	365
=	832.9975					/	3951.242	*	365
=	76.95

NV Bekaert'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
=	( (796.178	+	690.24)	/	2 )	/	1862.221	*	365 / 2
=	743.209					/	1862.221	*	365 / 2
=	72.84

NV Bekaert Days Payable Related Terms

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NV Bekaert (NV Bekaert) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NV Bekaert SA (OTCPK:BEKAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0OQJ:UK BK8N:Germany BEKB:Belgium BEKB:Austria

Address

Bekaertstraat 2, Zwevegem, BEL, BE-8550

Website

https://www.bekaert.com

NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to global customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used in various sectors, including automotive, construction, energy, agriculture, and consumer goods.

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