VEON (VEON) Days Payable

: 866.05 (As of Jun. 2023)

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VEON's average Accounts Payable for the three months ended in Jun. 2023 was $1,044 Mil. VEON's Cost of Goods Sold for the three months ended in Jun. 2023 was $110 Mil. Hence, VEON's Days Payable for the three months ended in Jun. 2023 was 866.05.

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

VEON' s Days Payable Range Over the Past 10 Years
Min: 268.08 Med: 441.66 Max: 4456.68
Current: 4456.68

During the past 13 years, VEON's highest Days Payable was 4456.68. The lowest was 268.08. And the median was 441.66.

VEON's Days Payable is ranked better than
98.85% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs VEON: 4456.68

VEON's Days Payable increased from Sep. 2021 (358.33) to Jun. 2023 (866.05). It may suggest that VEON delayed paying its suppliers.

VEON Days Payable Historical Data

The historical data trend for VEON'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.

VEON Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

273.23

343.90

1,524.72

1,499.59

1,195.45

VEON Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Days Payable																358.33	-	1,483.19	-	866.05

Competitive Comparison

For the Telecom Services subindustry, VEON'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.

VEON Days Payable Distribution

For the Telecommunication Services industry and Communication Services sector, VEON's Days Payable distribution charts can be found below:

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

VEON 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.

VEON's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2031	+	1087)	/	2 )	/	476	*	365
=	1559					/	476	*	365
=	1,195.45

VEON's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1087	+	1001)	/	2 )	/	110	*	365 / 4
=	1044					/	110	*	365 / 4
=	866.05

VEON Days Payable Related Terms

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VEON (VEON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » VEON Ltd (NAS:VEON) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VEON:Netherlands

Address

Claude Debussylaan 88, Amsterdam, NLD, 1082 MD

Website

https://www.veon.com

VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.