Ferrum de Ceramica y Metalurgica (BUE:FERR) Days Payable : 93.19 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Ferrum de Ceramica y Metalurgica Days Payable?

Ferrum de Ceramica y Metalurgica's average Accounts Payable for the three months ended in Mar. 2024 was ARS11,549.52 Mil. Ferrum de Ceramica y Metalurgica's Cost of Goods Sold for the three months ended in Mar. 2024 was ARS11,308.82 Mil. Hence, Ferrum de Ceramica y Metalurgica's Days Payable for the three months ended in Mar. 2024 was 93.19.

The historical rank and industry rank for Ferrum de Ceramica y Metalurgica's Days Payable or its related term are showing as below:

During the past 13 years, Ferrum de Ceramica y Metalurgica's highest Days Payable was 61.28. The lowest was 25.24. And the median was 35.14.

BUE:FERR's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 75.22
* Ranked among companies with meaningful Days Payable only.

Ferrum de Ceramica y Metalurgica's Days Payable increased from Mar. 2023 (15.59) to Mar. 2024 (93.19). It may suggest that Ferrum de Ceramica y Metalurgica delayed paying its suppliers.

Ferrum de Ceramica y Metalurgica Days Payable Historical Data

The historical data trend for Ferrum de Ceramica y Metalurgica'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.

Ferrum de Ceramica y Metalurgica Days Payable Chart

Ferrum de Ceramica y Metalurgica Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

34.50

25.24

26.48

38.38

61.28

Ferrum de Ceramica y Metalurgica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															15.59	-	50.53	54.99	93.19

Competitive Comparison of Ferrum de Ceramica y Metalurgica's Days Payable

For the Building Products & Equipment subindustry, Ferrum de Ceramica y Metalurgica'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.

Ferrum de Ceramica y Metalurgica's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferrum de Ceramica y Metalurgica's Days Payable distribution charts can be found below:

* The bar in red indicates where Ferrum de Ceramica y Metalurgica's Days Payable falls into.

Ferrum de Ceramica y Metalurgica 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.

Ferrum de Ceramica y Metalurgica's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3844.893	+	3145.823)	/	2 )	/	20818.024	*	365
=	3495.358					/	20818.024	*	365
=	61.28

Ferrum de Ceramica y Metalurgica's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (8900.065	+	14198.967)	/	2 )	/	11308.821	*	365 / 4
=	11549.516					/	11308.821	*	365 / 4
=	93.19

Ferrum de Ceramica y Metalurgica Days Payable Related Terms

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

Ferrum de Ceramica y Metalurgica (BUE:FERR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ferrum SA de Ceramica y Metalurgica (BUE:FERR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Balcarce 880, Buenos Aires, ARG

Website

https://www.ferrum.com

Ferrum SA de Ceramica y Metalurgica is engaged in the manufacturing and sale of sanitary wares. It offers bathroom accessories, spare parts, toiletry sets, sinks and lavatories, cabins and various other products. Geographically the group operates through Argentina.

Ferrum de Ceramica y Metalurgica (BUE:FERR) Headlines

No Headlines