Proximus (Proximus) Days Payable

: 225.34 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

Proximus's average Accounts Payable for the three months ended in Dec. 2023 was $1,513 Mil. Proximus's Cost of Goods Sold for the three months ended in Dec. 2023 was $613 Mil. Hence, Proximus's Days Payable for the three months ended in Dec. 2023 was 225.34.

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

BGAOY' s Days Payable Range Over the Past 10 Years
Min: 201.96 Med: 238.75 Max: 253.05
Current: 235.64

During the past 13 years, Proximus's highest Days Payable was 253.05. The lowest was 201.96. And the median was 238.75.

BGAOY's Days Payable is ranked better than
79.89% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs BGAOY: 235.64

Proximus's Days Payable increased from Dec. 2022 (205.74) to Dec. 2023 (225.34). It may suggest that Proximus delayed paying its suppliers.

Proximus Days Payable Historical Data

The historical data trend for Proximus'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.

Proximus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

242.14

229.03

260.82

261.66

238.59

Proximus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																205.74	242.88	231.48	233.41	225.34

Competitive Comparison

For the Telecom Services subindustry, Proximus'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.

Proximus Days Payable Distribution

For the Telecommunication Services industry and Communication Services sector, Proximus's Days Payable distribution charts can be found below:

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

Proximus 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.

Proximus'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
=	( (1570.975	+	1562.704)	/	2 )	/	2396.947	*	365
=	1566.8395					/	2396.947	*	365
=	238.59

Proximus'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1464.248	+	1562.704)	/	2 )	/	612.868	*	365 / 4
=	1513.476					/	612.868	*	365 / 4
=	225.34

Proximus Days Payable Related Terms

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

Proximus (Proximus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proximus SA (OTCPK:BGAOY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0DPU:UK BX7:Germany PROX:Belgium PROX:Austria

Address

Boulevard du Roi Albert II, 27, Proximus Towers, Brussels, BEL, B-1030

Website

https://www.proximus.com

Proximus is the incumbent telecom operator in Belgium. The firm has around 45% share of the broadband market and 30% of the postpaid mobile market, mainly competing with Telenet (mobile and fixed) and Orange (mobile and fixed). Proximus is rolling out fiber to the home in Belgium and expects to have 95% of the country covered by 2032. Its international carrier services division, BICS, is one of the four largest in the world, serving more than 250 operators, which was strengthened in 2017 with the acquisition of Telesign.