Atlas Copco AB (Atlas Copco AB) Days Payable

: 125.65 (As of Dec. 2023)

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Atlas Copco AB's average Accounts Payable for the three months ended in Dec. 2023 was $3,393 Mil. Atlas Copco AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,464 Mil. Hence, Atlas Copco AB's Days Payable for the three months ended in Dec. 2023 was 125.65.

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

ATLCY' s Days Payable Range Over the Past 10 Years
Min: 44.46 Med: 73.33 Max: 149.08
Current: 149.08

During the past 13 years, Atlas Copco AB's highest Days Payable was 149.08. The lowest was 44.46. And the median was 73.33.

ATLCY's Days Payable is ranked better than
77.88% of 2929 companies
in the Industrial Products industry
Industry Median: 75.86 vs ATLCY: 149.08

Atlas Copco AB's Days Payable declined from Dec. 2022 (133.84) to Dec. 2023 (125.65). It may suggest that Atlas Copco AB accelerated paying its suppliers.

Atlas Copco AB Days Payable Historical Data

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

77.25

67.73

77.48

81.19

68.69

Atlas Copco AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																133.84	139.06	200.89	206.42	125.65

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.

Atlas Copco AB Days Payable Distribution

For the Industrial Products industry and Industrials sector, Atlas Copco AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Atlas Copco AB's Days Payable falls into.

Atlas Copco AB 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.

Atlas Copco AB'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
=	( (1844.768	+	1734.519)	/	2 )	/	9509.729	*	365
=	1789.6435					/	9509.729	*	365
=	68.69

Atlas Copco AB'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
=	( (5051.783	+	1734.519)	/	2 )	/	2464.125	*	365 / 4
=	3393.151					/	2464.125	*	365 / 4
=	125.65

Atlas Copco AB Days Payable Related Terms

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Atlas Copco AB (Atlas Copco AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlas Copco AB (OTCPK:ATLCY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ATLFF:USA ATLKY:USA ATLPF:USA ATCO B:Sweden ATCO A:Sweden ATCOAs:UK 0XXT:UK 0XXV:UK ACO:Germany ACO5:Germany ACO5:Germany ACO4:Germany

Address

Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23

Website

https://www.atlascopcogroup.com

Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines

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