Clariant AG (Clariant AG) Days Payable : 88.55 (As of Dec. 2023)

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What is Clariant AG Days Payable?

Clariant AG's average Accounts Payable for the six months ended in Dec. 2023 was $893 Mil. Clariant AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,841 Mil. Hence, Clariant AG's Days Payable for the six months ended in Dec. 2023 was 88.55.

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

CLZNY' s Days Payable Range Over the Past 10 Years
Min: 57.58 Med: 73.5 Max: 98.07
Current: 96.31

During the past 13 years, Clariant AG's highest Days Payable was 98.07. The lowest was 57.58. And the median was 73.50.

CLZNY's Days Payable is ranked better than
74.15% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs CLZNY: 96.31

Clariant AG's Days Payable increased from Dec. 2022 (82.40) to Dec. 2023 (88.55). It may suggest that Clariant AG delayed paying its suppliers.

Clariant AG Days Payable Historical Data

The historical data trend for Clariant AG'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.

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Clariant AG Days Payable Chart

Clariant AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.65

90.34

73.95

74.56

93.63

Clariant AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															97.59	96.09	82.40	98.72	88.55

Competitive Comparison of Clariant AG's Days Payable

For the Specialty Chemicals subindustry, Clariant AG'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.

Clariant AG's Days Payable Distribution in the Chemicals Industry

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

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

Clariant AG 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.

Clariant AG'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
=	( (1083.083	+	855.689)	/	2 )	/	3778.909	*	365
=	969.386					/	3778.909	*	365
=	93.63

Clariant AG'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (930.697	+	855.689)	/	2 )	/	1840.888	*	365 / 2
=	893.193					/	1840.888	*	365 / 2
=	88.55

Clariant AG Days Payable Related Terms

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Clariant AG (Clariant AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Clariant AG (OTCPK:CLZNY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CLZNF:USA CLNz:UK 0QJS:UK CLRS:Germany CLN:Switzerland

Address

Rothausstrasse 61, Muttenz, CHE, 4132

Website

http://www.clariant.com

Clariant is a Switzerland-based specialty chemicals company with global operations. The company reports in three business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.