Electrolux AB (Electrolux AB) Days Payable : 125.19 (As of Mar. 2024)

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What is Electrolux AB Days Payable?

Electrolux AB's average Accounts Payable for the three months ended in Mar. 2024 was $3,574 Mil. Electrolux AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,605 Mil. Hence, Electrolux AB's Days Payable for the three months ended in Mar. 2024 was 125.19.

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

ELUXY' s Days Payable Range Over the Past 10 Years
Min: 92.31 Med: 117.76 Max: 127
Current: 116.26

During the past 13 years, Electrolux AB's highest Days Payable was 127.00. The lowest was 92.31. And the median was 117.76.

ELUXY's Days Payable is ranked better than
76.85% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.135 vs ELUXY: 116.26

Electrolux AB's Days Payable increased from Mar. 2023 (119.91) to Mar. 2024 (125.19). It may suggest that Electrolux AB delayed paying its suppliers.

Electrolux AB Days Payable Historical Data

The historical data trend for Electrolux AB'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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Electrolux AB Days Payable Chart

Electrolux AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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128.56

119.52

129.64

127.64

115.60

Electrolux AB 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															119.91	123.70	120.85	98.91	125.19

Competitive Comparison of Electrolux AB's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Electrolux AB'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.

Electrolux AB's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Electrolux AB's Days Payable distribution charts can be found below:

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

Electrolux AB 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.

Electrolux AB'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
=	( (3695.992	+	3548.783)	/	2 )	/	11436.983	*	365
=	3622.3875					/	11436.983	*	365
=	115.60

Electrolux AB'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
=	( (3548.783	+	3598.494)	/	2 )	/	2604.766	*	365 / 4
=	3573.6385					/	2604.766	*	365 / 4
=	125.19

Electrolux AB Days Payable Related Terms

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Electrolux AB (Electrolux AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Electrolux AB (OTCPK:ELUXY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ELRXF:USA ELUX B:Sweden ELUX A:Sweden ELUXBs:UK 0MDT:UK ELXC:Germany

Address

Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45

Website

https://www.electroluxgroup.com

Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.