Rautaruukki Oyj (OHEL:RTRKS) Days Payable : 74.03 (As of Sep. 2014)

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What is Rautaruukki Oyj Days Payable?

Rautaruukki Oyj's average Accounts Payable for the three months ended in Sep. 2014 was €430 Mil. Rautaruukki Oyj's Cost of Goods Sold for the three months ended in Sep. 2014 was €530 Mil. Hence, Rautaruukki Oyj's Days Payable for the three months ended in Sep. 2014 was 74.03.

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

OHEL:RTRKS' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 74.12
Current: 74.12

During the past 13 years, Rautaruukki Oyj's highest Days Payable was 74.12. The lowest was 0.00. And the median was 0.00.

OHEL:RTRKS's Days Payable is not ranked
in the Steel industry.
Industry Median: 41.09 vs OHEL:RTRKS: 74.12

Rautaruukki Oyj's Days Payable declined from Sep. 2013 (74.37) to Sep. 2014 (74.03). It may suggest that Rautaruukki Oyj accelerated paying its suppliers.

Rautaruukki Oyj Days Payable Historical Data

The historical data trend for Rautaruukki 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.

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Rautaruukki Oyj Days Payable Chart

Rautaruukki Oyj Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

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26.29

26.47

44.53

47.62

44.07

Rautaruukki Oyj Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Payable	Get a 7-Day Free Trial															74.37	59.82	59.62	68.56	74.03

Competitive Comparison of Rautaruukki Oyj's Days Payable

For the Steel subindustry, Rautaruukki 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.

Rautaruukki Oyj's Days Payable Distribution in the Steel Industry

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

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

Rautaruukki 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.

Rautaruukki Oyj's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (246	+	279)	/	2 )	/	2174	*	365
=	262.5					/	2174	*	365
=	44.07

Rautaruukki Oyj's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

	Days Payable (Q: Sep. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2014 )	+	Accounts Payable (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (423	+	437)	/	2 )	/	530	*	365 / 4
=	430					/	530	*	365 / 4
=	74.03

Rautaruukki Oyj Days Payable Related Terms

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Rautaruukki Oyj (OHEL:RTRKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rautaruukki Oyj (OHEL:RTRKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.ruukki.com

Rautaruukki Oyj supplies metal-based components, systems and integrated systems to construction and the engineering industry. The company's operations are structured into three divisions: construction, engineering, and steel business. Its construction division supplies steel construction solutions for commercial and industrial construction, as well as for infrastructure foundation and transport infrastructure projects. The divisions' product portfolio includes building frames, wall and roofing products, integrated systems for single and multi-story construction, bridges, traffic noise barriers and highway guard rails, piles, retaining wall structures and foundations for harbor construction. Its customers include developers, designs and builders of commercial, industrial and office premises, logistics and sports complexes and infrastructure services as well as roofing suppliers. Its engineering division supplies systems and components to the engineering industry, such as cabins, booms, masts and frames for goods and container handling, the construction industry and mining and forestry, telescopic booms, frames and parts; windmill components and oil sumps. Main markets serve international European companies, specifically the lifting, handling, and transportation equipment industry, the energy industry, the marine and offshore industry and the paper and wood industry. The Metals division supplies steel products associated with prefabrication, logistics and storage services. The division's product portfolio consists of hot and cold-rolled steels, metal and color-coated steels, tubes and profiles and stainless steel and aluminum sold as trading products. Its customers include the transportation equipment, construction, engineering and electronics industries in Europe and Russia.

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