voestalpine AG (voestalpine AG) Days Payable

: 91.36 (As of Dec. 2023)

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voestalpine AG's average Accounts Payable for the three months ended in Dec. 2023 was $3,585 Mil. voestalpine AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,581 Mil. Hence, voestalpine AG's Days Payable for the three months ended in Dec. 2023 was 91.36.

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

VLPNF' s Days Payable Range Over the Past 10 Years
Min: 65.4 Med: 79.14 Max: 86.69
Current: 85.39

During the past 13 years, voestalpine AG's highest Days Payable was 86.69. The lowest was 65.40. And the median was 79.14.

VLPNF's Days Payable is ranked better than
80.41% of 587 companies
in the Steel industry
Industry Median: 39.75 vs VLPNF: 85.39

voestalpine AG's Days Payable increased from Dec. 2022 (89.21) to Dec. 2023 (91.36). It may suggest that voestalpine AG delayed paying its suppliers.

voestalpine AG Days Payable Historical Data

The historical data trend for voestalpine 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.

* Premium members only.

voestalpine AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

86.43

82.47

79.66

88.14

78.05

voestalpine AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																89.21	73.05	83.22	96.88	91.36

Competitive Comparison

For the Steel subindustry, voestalpine 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.

voestalpine AG Days Payable Distribution

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

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

voestalpine 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.

voestalpine AG's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3502.753	+	3177.302)	/	2 )	/	15620.343	*	365
=	3340.0275					/	15620.343	*	365
=	78.05

voestalpine 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3652.295	+	3517.993)	/	2 )	/	3580.807	*	365 / 4
=	3585.144					/	3580.807	*	365 / 4
=	91.36

voestalpine AG Days Payable Related Terms

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voestalpine AG (voestalpine AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » voestalpine AG (OTCPK:VLPNF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VLPNY:USA 0MKX:UK VAS:Germany VOE:Czech Republic VOE:Austria

Address

Voestalpine-Strasse 1, Linz, AUT, 4020

Website

https://www.voestalpine.com

voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.