Recticel (XBRU:RECT) Days Payable : 59.94 (As of Dec. 2023)

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What is Recticel Days Payable?

Recticel's average Accounts Payable for the six months ended in Dec. 2023 was €71.8 Mil. Recticel's Cost of Goods Sold for the six months ended in Dec. 2023 was €218.7 Mil. Hence, Recticel's Days Payable for the six months ended in Dec. 2023 was 59.94.

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

XBRU:RECT' s Days Payable Range Over the Past 10 Years
Min: 40.07 Med: 45.63 Max: 104.8
Current: 60.27

During the past 13 years, Recticel's highest Days Payable was 104.80. The lowest was 40.07. And the median was 45.63.

XBRU:RECT's Days Payable is ranked worse than
60.96% of 1601 companies
in the Construction industry
Industry Median: 74.1 vs XBRU:RECT: 60.27

Recticel's Days Payable declined from Dec. 2022 (71.09) to Dec. 2023 (59.94). It may suggest that Recticel accelerated paying its suppliers.

Recticel Days Payable Historical Data

The historical data trend for Recticel'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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Recticel Days Payable Chart

Recticel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.24

65.07

104.80

77.61

59.84

Recticel 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															128.81	84.97	71.09	61.03	59.94

Competitive Comparison of Recticel's Days Payable

For the Building Products & Equipment subindustry, Recticel'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.

Recticel's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Recticel's Days Payable distribution charts can be found below:

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

Recticel 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.

Recticel'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
=	( (73.995	+	70.068)	/	2 )	/	439.336	*	365
=	72.0315					/	439.336	*	365
=	59.84

Recticel'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
=	( (73.58	+	70.068)	/	2 )	/	218.69	*	365 / 2
=	71.824					/	218.69	*	365 / 2
=	59.94

Recticel Days Payable Related Terms

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Recticel (XBRU:RECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Recticel SA (XBRU:RECT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0NHV:UK RCZ:Germany

Address

Bourgetlaan 42 Avenue du Bourget, Brussels, BEL, B-1130

Website

https://www.recticel.com

Recticel SA is a manufacturer of insulation product. It design solutions that contribute to a carbon-free economy. It also provide vacuum insulated panels to support cold chain activities in industries ranging from food to pharma.

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