Aluar Aluminio ArgentinoIC (BUE:ALUA) Days Payable : 30.67 (As of Dec. 2023)

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What is Aluar Aluminio ArgentinoIC Days Payable?

Aluar Aluminio ArgentinoIC's average Accounts Payable for the three months ended in Dec. 2023 was ARS51,760 Mil. Aluar Aluminio ArgentinoIC's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS153,977 Mil. Hence, Aluar Aluminio ArgentinoIC's Days Payable for the three months ended in Dec. 2023 was 30.67.

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

BUE:ALUA' s Days Payable Range Over the Past 10 Years
Min: 11.6 Med: 28.55 Max: 37.22
Current: 30.59

During the past 13 years, Aluar Aluminio ArgentinoIC's highest Days Payable was 37.22. The lowest was 11.60. And the median was 28.55.

BUE:ALUA's Days Payable is ranked worse than
84.69% of 1065 companies
in the Metals & Mining industry
Industry Median: 129.97 vs BUE:ALUA: 30.59

Aluar Aluminio ArgentinoIC's Days Payable increased from Dec. 2022 (10.89) to Dec. 2023 (30.67). It may suggest that Aluar Aluminio ArgentinoIC delayed paying its suppliers.

Aluar Aluminio ArgentinoIC Days Payable Historical Data

The historical data trend for Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC Days Payable Chart

Aluar Aluminio ArgentinoIC Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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25.63

24.76

11.60

24.04

37.22

Aluar Aluminio ArgentinoIC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															10.89	30.70	21.16	29.86	30.67

Competitive Comparison of Aluar Aluminio ArgentinoIC's Days Payable

For the Aluminum subindustry, Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluar Aluminio ArgentinoIC's Days Payable distribution charts can be found below:

* The bar in red indicates where Aluar Aluminio ArgentinoIC's Days Payable falls into.

Aluar Aluminio ArgentinoIC 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.

Aluar Aluminio ArgentinoIC's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (25629.007	+	29364.578)	/	2 )	/	269627.443	*	365
=	27496.7925					/	269627.443	*	365
=	37.22

Aluar Aluminio ArgentinoIC'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
=	( (27604.189	+	75915.632)	/	2 )	/	153977.364	*	365 / 4
=	51759.9105					/	153977.364	*	365 / 4
=	30.67

Aluar Aluminio ArgentinoIC Days Payable Related Terms

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Aluar Aluminio ArgentinoIC (BUE:ALUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluar Aluminio Argentino SAIC (BUE:ALUA) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Marcelo Torcuato de Alvear 590, 3rd Floor, Buenos Aires, ARG, 1058

Website

http://www.aluar.com.ar

Aluar Aluminio Argentino SAIC is an Argentina based company engaged in manufacturing aluminum and aluminum products. It is used for aerospace, electrical component, construction, and transportation industries. The company offers rolling and alloy ingots, extrusion billets, rods, beams and zinc sows, among others. It also offers integrated solutions for engineering, manufacturing, construction, assembly and industrial services projects.

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