Tarkett (CHIX:TKTTP) Days Payable : 57.83 (As of Dec. 2023)

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What is Tarkett Days Payable?

Tarkett's average Accounts Payable for the six months ended in Dec. 2023 was €434 Mil. Tarkett's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,370 Mil. Hence, Tarkett's Days Payable for the six months ended in Dec. 2023 was 57.83.

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

CHIX:TKTTp' s Days Payable Range Over the Past 10 Years
Min: 42.12 Med: 47.81 Max: 56.05
Current: 56.05

During the past 13 years, Tarkett's highest Days Payable was 56.05. The lowest was 42.12. And the median was 47.81.

CHIX:TKTTp's Days Payable is ranked worse than
64.98% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs CHIX:TKTTp: 56.05

Tarkett's Days Payable increased from Dec. 2022 (49.84) to Dec. 2023 (57.83). It may suggest that Tarkett delayed paying its suppliers.

Tarkett Days Payable Historical Data

The historical data trend for Tarkett'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.

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Tarkett Days Payable Chart

Tarkett Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.76

53.43

55.46

49.57

50.19

Tarkett 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															56.63	64.58	49.84	60.24	57.83

Competitive Comparison of Tarkett's Days Payable

For the Building Products & Equipment subindustry, Tarkett'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.

Tarkett's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tarkett's Days Payable distribution charts can be found below:

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

Tarkett 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.

Tarkett'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
=	( (344.2	+	379.4)	/	2 )	/	2631.2	*	365
=	361.8					/	2631.2	*	365
=	50.19

Tarkett'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
=	( (488.6	+	379.4)	/	2 )	/	1369.6	*	365 / 2
=	434					/	1369.6	*	365 / 2
=	57.83

Tarkett Days Payable Related Terms

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Tarkett (CHIX:TKTTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tarkett SA (CHIX:TKTTp) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0QSA:UK TKTT:France 1T9:Germany

Address

1, Terrasse Bellini, Tour Initiale, Paris-La Defense, FRA, 92919

Website

https://www.tarkett.com

Tarkett SA manufactures and sells flooring and sports surface products to the residential, commercial, and institutional construction and remodeling industries. Customer market segments for its flooring products include housing, education, healthcare, office, retail and hospitality, and sports complexes. The firm organizes itself into four segments based on geography and product type. The flooring segments include EMEA, North America, and CIS APAC, and Latin America. The fourth segment is Sports Surfaces, with a product portfolio including turf football fields, basketball courts, and Benyon tracks.

Tarkett (CHIX:TKTTP) Headlines

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