Market Cap : 4.47 B | Enterprise Value : 5.79 B | PE Ratio : 33.53 | PB Ratio : 2.66 |
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Avient's average Accounts Payable for the three months ended in Dec. 2020 was $438 Mil. Avient's Cost of Goods Sold for the three months ended in Dec. 2020 was $744 Mil. Hence, Avient's Days Payable for the three months ended in Dec. 2020 was 53.67.
During the past 13 years, Avient's highest Days Payable was 64.97. The lowest was 40.09. And the median was 51.65.
Avient's Days Payable increased from Dec. 2019 (52.10) to Dec. 2020 (53.67). It may suggest that Avient delayed paying its suppliers.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
* The bar in red indicates where Avient's Days Payable falls into.
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.
Avient's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as
Days Payable (A: Dec. 2020 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (A: Dec. 2019 ) | + | Accounts Payable (A: Dec. 2020 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2020 ) | * | Days in Period |
= | ( (287.7 | + | 471.7) | / | 2 ) | / | 2457.8 | * | 365 |
= | 379.7 | / | 2457.8 | * | 365 | ||||
= | 56.39 |
Avient's Days Payable for the quarter that ended in Dec. 2020 is calculated as:
Days Payable (Q: Dec. 2020 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (Q: Sep. 2020 ) | + | Accounts Payable (Q: Dec. 2020 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2020 ) | * | Days in Period |
= | ( (403.6 | + | 471.7) | / | 2 ) | / | 744.1 | * | 365 / 4 |
= | 437.65 | / | 744.1 | * | 365 / 4 | ||||
= | 53.67 |
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
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