Mativ Holdings (Mativ Holdings) Days Payable

: 35.94 (As of Dec. 2023)

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Mativ Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $144 Mil. Mativ Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $366 Mil. Hence, Mativ Holdings's Days Payable for the three months ended in Dec. 2023 was 35.94.

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

MATV' s Days Payable Range Over the Past 10 Years
Min: 28.65 Med: 31.43 Max: 43.09
Current: 36.24

During the past 13 years, Mativ Holdings's highest Days Payable was 43.09. The lowest was 28.65. And the median was 31.43.

MATV's Days Payable is ranked worse than
74.05% of 1503 companies
in the Chemicals industry
Industry Median: 60.45 vs MATV: 36.24

Mativ Holdings's Days Payable declined from Dec. 2022 (43.78) to Dec. 2023 (35.94). It may suggest that Mativ Holdings accelerated paying its suppliers.

Mativ Holdings Days Payable Historical Data

The historical data trend for Mativ Holdings'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.

Mativ Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

32.90

30.23

43.09

40.67

34.95

Mativ Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																43.78	34.75	39.55	40.33	35.94

Competitive Comparison

For the Specialty Chemicals subindustry, Mativ Holdings'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.

Mativ Holdings Days Payable Distribution

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

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

Mativ Holdings 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.

Mativ Holdings'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
=	( (180.6	+	139.3)	/	2 )	/	1670.2	*	365
=	159.95					/	1670.2	*	365
=	34.95

Mativ Holdings'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
=	( (149.3	+	139.3)	/	2 )	/	366.4	*	365 / 4
=	144.3					/	366.4	*	365 / 4
=	35.94

Mativ Holdings Days Payable Related Terms

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Mativ Holdings (Mativ Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mativ Holdings Inc (NYSE:MATV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MH2:Germany

Address

100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022

Website

https://www.mativ.com

Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.

Executives

Jeffrey Keenan	director	C/O SCHWEITZER-MAUDUIT INTERNATIONAL, SUITE 600, ALPHARETTA GA 30022
William M Cook	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark W Johnson	officer: CLO, GC & Secretary	1600 ROYAL STREET, JASPER IN 47546
Gregory Thomas Weitzel	officer: CFO	100 NORTH POINT CENTER EAST, SUITE 600, ALPHARETTA GA 30022
Julie Schertell	director, officer: President, CEO	3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
John Rogers	director	ONE MIDTOWN PLAZA, 1360 PEACHTREE STREET NE, ATLANTA GA 30309
Anderson Davis Warlick	director	C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Shruti Singhal	director	4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Michael W Rickheim	officer: CHRO and CAO	3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Tony R Thene	director	ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Cheryl Allegri	officer: Controller	C/O SWM, 100 NORTH POINT CENTER E, SUITE 600, ALPHARETTA GA 30022
Kimberly E Ritrievi	director	TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Jeffrey Kramer	director, officer: Co-CEO	C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Tracey Peacock	officer: EVP, AMS	C/O SCHWEITZER-MAUDUIT INTERNATIONAL INC, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Mark L Bye	director