SMB Cote d'Ivoire (XBRV:SMBC) Days Payable : 122.24 (As of Dec. 2022)

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What is SMB Cote d'Ivoire Days Payable?

SMB Cote d'Ivoire's average Accounts Payable for the six months ended in Dec. 2022 was XOF81,591 Mil. SMB Cote d'Ivoire's Cost of Goods Sold for the six months ended in Dec. 2022 was XOF243,620 Mil. Hence, SMB Cote d'Ivoire's Days Payable for the six months ended in Dec. 2022 was 61.12.

The historical rank and industry rank for SMB Cote d'Ivoire's Days Payable or its related term are showing as below:

XBRV:SMBC' s Days Payable Range Over the Past 10 Years
Min: 122.24 Med: 200.78 Max: 527.07
Current: 122.24

During the past 13 years, SMB Cote d'Ivoire's highest Days Payable was 527.07. The lowest was 122.24. And the median was 200.78.

XBRV:SMBC's Days Payable is ranked better than
83.42% of 1502 companies
in the Chemicals industry
Industry Median: 60.4 vs XBRV:SMBC: 122.24

SMB Cote d'Ivoire's Days Payable declined from Dec. 2020 (283.54) to Dec. 2022 (122.24). It may suggest that SMB Cote d'Ivoire accelerated paying its suppliers.

SMB Cote d'Ivoire Days Payable Historical Data

The historical data trend for SMB Cote d'Ivoire'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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SMB Cote d'Ivoire Days Payable Chart

SMB Cote d'Ivoire Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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154.11

211.16

283.54

184.91

122.24

SMB Cote d'Ivoire Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial									154.11	211.16	283.54	184.91	122.24

Competitive Comparison of SMB Cote d'Ivoire's Days Payable

For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's Days Payable distribution charts can be found below:

* The bar in red indicates where SMB Cote d'Ivoire's Days Payable falls into.

SMB Cote d'Ivoire 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.

SMB Cote d'Ivoire's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (69112	+	94069)	/	2 )	/	243620	*	365
=	81590.5					/	243620	*	365
=	122.24

SMB Cote d'Ivoire's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (69112	+	94069)	/	2 )	/	243620	*	365 / 2
=	81590.5					/	243620	*	365 / 2
=	61.12

SMB Cote d'Ivoire Days Payable Related Terms

Thank you for viewing the detailed overview of SMB Cote d'Ivoire's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SMB Cote d'Ivoire (XBRV:SMBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SMB Cote d'Ivoire (XBRV:SMBC) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622

Website

http://www.smbci.ci

SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.