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CE (Celanese) Days Payable : 60.63 (As of Mar. 2025)


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What is Celanese Days Payable?

Celanese's average Accounts Payable for the three months ended in Mar. 2025 was $1,271 Mil. Celanese's Cost of Goods Sold for the three months ended in Mar. 2025 was $1,913 Mil. Hence, Celanese's Days Payable for the three months ended in Mar. 2025 was 60.63.

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

CE' s Days Payable Range Over the Past 10 Years
Min: 55.52   Med: 61.61   Max: 67.01
Current: 65.43

During the past 13 years, Celanese's highest Days Payable was 67.01. The lowest was 55.52. And the median was 61.61.

CE's Days Payable is ranked better than
53.54% of 1526 companies
in the Chemicals industry
Industry Median: 61.285 vs CE: 65.43

Celanese's Days Payable declined from Mar. 2024 (65.59) to Mar. 2025 (60.63). It may suggest that Celanese accelerated paying its suppliers.


Celanese Days Payable Historical Data

The historical data trend for Celanese'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.

Celanese Days Payable Chart

Celanese Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.98 61.00 67.01 66.28 63.06

Celanese Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.59 67.76 67.20 66.63 60.63

Competitive Comparison of Celanese's Days Payable

For the Chemicals subindustry, Celanese'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.


Celanese's Days Payable Distribution in the Chemicals Industry

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

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


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Celanese 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.

Celanese's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1510 + 1228) / 2 ) / 7924*365
=1369 / 7924*365
=63.06

Celanese's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1228 + 1314) / 2 ) / 1913*365 / 4
=1271 / 1913*365 / 4
=60.63

* 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.


Celanese Days Payable Related Terms

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


Celanese Business Description

Address
222 West Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.
Executives
Mark Christopher Murray officer: VP - Bus. Strat & Development 100 MATSONFORD ROAD, RADNOR PA 19087
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Scott Mcdougald Sutton officer: EVP & Pres, Materials Solution C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott A Richardson officer: SVP & CFO C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Thomas Francis Kelly officer: SVP, EM 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Aaron M Mcgilvray officer: Chief Accounting Officer 222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig director 222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis officer: SVP, HR (CHRO) C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
John G Fotheringham officer: SVP, Acetyl Chain 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk director, officer: CEO AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott officer: SVP, Acetyl Chain C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett officer: SVP & GC C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093