Azelis Group NV (XBRU:AZE) Days Payable : 74.83 (As of Dec. 2023)

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What is Azelis Group NV Days Payable?

Azelis Group NV's average Accounts Payable for the six months ended in Dec. 2023 was €638 Mil. Azelis Group NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,555 Mil. Hence, Azelis Group NV's Days Payable for the six months ended in Dec. 2023 was 74.83.

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

XBRU:AZE' s Days Payable Range Over the Past 10 Years
Min: 47.95 Med: 50.57 Max: 66.25
Current: 66.25

During the past 6 years, Azelis Group NV's highest Days Payable was 66.25. The lowest was 47.95. And the median was 50.57.

XBRU:AZE's Days Payable is ranked better than
55.28% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XBRU:AZE: 66.25

Azelis Group NV's Days Payable increased from Dec. 2022 (62.84) to Dec. 2023 (74.83). It may suggest that Azelis Group NV delayed paying its suppliers.

Azelis Group NV Days Payable Historical Data

The historical data trend for Azelis Group NV'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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Azelis Group NV Days Payable Chart

Azelis Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.33

48.63

50.57

47.95

51.28

Azelis Group NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				63.02	60.76	62.84	72.69	74.83

Competitive Comparison of Azelis Group NV's Days Payable

For the Specialty Chemicals subindustry, Azelis Group NV'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.

Azelis Group NV's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Azelis Group NV's Days Payable falls into.

Azelis Group NV 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.

Azelis Group NV'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
=	( (462.728	+	434.085)	/	2 )	/	3191.553	*	365
=	448.4065					/	3191.553	*	365
=	51.28

Azelis Group NV'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
=	( (841.058	+	434.085)	/	2 )	/	1554.872	*	365 / 2
=	637.5715					/	1554.872	*	365 / 2
=	74.83

Azelis Group NV Days Payable Related Terms

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Azelis Group NV (XBRU:AZE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Azelis Group NV (XBRU:AZE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AZEb:UK 2R7:Germany

Address

Posthofbrug 12, Box 6, Antwerp, BEL, B-2600

Website

https://www.azelis.com

Azelis Group NV is a innovation service provider for the specialty chemicals and food ingredients industry. The company has its business operating segments namely Life Sciences and Industrial chemicals. Geographically, the company has its presence in EMEA, Americas and Asia Pacific.

Azelis Group NV (XBRU:AZE) Headlines

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