Exel Composites Oyj (OHEL:EXL1V) Days Payable : 199.73 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Exel Composites Oyj Days Payable?

Exel Composites Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €18.67 Mil. Exel Composites Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.06 Mil. Hence, Exel Composites Oyj's Days Payable for the six months ended in Dec. 2023 was 199.73.

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

OHEL:EXL1V' s Days Payable Range Over the Past 10 Years
Min: 85.77 Med: 169.93 Max: 190.84
Current: 190.84

During the past 13 years, Exel Composites Oyj's highest Days Payable was 190.84. The lowest was 85.77. And the median was 169.93.

OHEL:EXL1V's Days Payable is ranked better than
93% of 1501 companies
in the Chemicals industry
Industry Median: 60.45 vs OHEL:EXL1V: 190.84

Exel Composites Oyj's Days Payable increased from Dec. 2022 (189.59) to Dec. 2023 (199.73). It may suggest that Exel Composites Oyj delayed paying its suppliers.

Exel Composites Oyj Days Payable Historical Data

The historical data trend for Exel Composites Oyj'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.

Exel Composites Oyj Days Payable Chart

Exel Composites Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

171.04

131.42

85.77

140.37

161.72

Exel Composites Oyj 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															117.01	147.90	189.59	209.56	199.73

Competitive Comparison of Exel Composites Oyj's Days Payable

For the Specialty Chemicals subindustry, Exel Composites Oyj'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.

Exel Composites Oyj's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Exel Composites Oyj's Days Payable falls into.

Exel Composites Oyj 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.

Exel Composites Oyj'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
=	( (25.903	+	9.827)	/	2 )	/	40.32	*	365
=	17.865					/	40.32	*	365
=	161.72

Exel Composites Oyj'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
=	( (27.515	+	9.827)	/	2 )	/	17.06	*	365 / 2
=	18.671					/	17.06	*	365 / 2
=	199.73

Exel Composites Oyj Days Payable Related Terms

Thank you for viewing the detailed overview of Exel Composites Oyj's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Exel Composites Oyj (OHEL:EXL1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Exel Composites Oyj (OHEL:EXL1V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8TY:Germany

Address

Makituvantie 5, Vantaa, FIN, FI-01510

Website

http://www.exelcomposites.com

Exel Composites Oyj is a technology company engaged in designing, manufacturing, and marketing composite profiles and tubes for industrial applications. The products offered by the group include tubes, laminates, windows and doors, and others. The firm serves sector such as transportation, building, construction and infrastructure, energy industry, telecommunication, paper and electrical industries, cleaning and maintenance. The Group is engaged in Exel Composites. Geographically, the activities function through Finland.

Exel Composites Oyj (OHEL:EXL1V) Headlines

No Headlines