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Vallourec (Vallourec) Days Payable

: 80.57 (As of Dec. 2023)
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Vallourec's average Accounts Payable for the three months ended in Dec. 2023 was $853 Mil. Vallourec's Cost of Goods Sold for the three months ended in Dec. 2023 was $966 Mil. Hence, Vallourec's Days Payable for the three months ended in Dec. 2023 was 80.57.

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

VLOWY' s Days Payable Range Over the Past 10 Years
Min: 61.55   Med: 70.06   Max: 82.39
Current: 82.39

During the past 13 years, Vallourec's highest Days Payable was 82.39. The lowest was 61.55. And the median was 70.06.

VLOWY's Days Payable is ranked better than
78.23% of 588 companies
in the Steel industry
Industry Median: 39.59 vs VLOWY: 82.39

Vallourec's Days Payable increased from Dec. 2022 (58.73) to Dec. 2023 (80.57). It may suggest that Vallourec delayed paying its suppliers.


Vallourec Days Payable Historical Data

The historical data trend for Vallourec'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.

Vallourec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.47 66.20 74.24 68.45 79.17

Vallourec 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 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 58.73 78.57 81.75 90.31 80.57

Competitive Comparison

For the Steel subindustry, Vallourec'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.


Vallourec Days Payable Distribution

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

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



Vallourec 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.

Vallourec'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
=( (833.6 + 831.525) / 2 ) / 3838.238*365
=832.5625 / 3838.238*365
=79.17

Vallourec'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
=( (874.066 + 831.525) / 2 ) / 965.855*365 / 4
=852.7955 / 965.855*365 / 4
=80.57

* 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.


Vallourec Days Payable Related Terms

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Vallourec (Vallourec) Business Description

Traded in Other Exchanges
Address
12 Rue de la Verrerie, Meudon, FRA, 92190
Vallourec SA is engaged in the provision of tubular solutions to the oil and gas industry. Its expertise also extends to the industry sector including mechanicals, automobile, and construction. The company has structured its operations into the following business segments, Seamless Tubes, Specialty Products and and Holding companies and other. The group has a large portfolio of tubular products including a range of seamless tubes, specialty tubes; and connections and accessories. Its primary geographic markets are Europe, North America, South America, Asia, and Rest of the World. Geographically the company receives maximum revenue from North America.

Vallourec (Vallourec) Headlines

From GuruFocus

Tweedy, Browne Comments on Vallourec

By Holly LaFon Holly LaFon 11-29-2012