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Enaex (XSGO:ENAEX) Days Payable : 51.37 (As of Dec. 2023)


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What is Enaex Days Payable?

Enaex's average Accounts Payable for the three months ended in Dec. 2023 was CLP161,984 Mil. Enaex's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP287,710 Mil. Hence, Enaex's Days Payable for the three months ended in Dec. 2023 was 51.37.

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

XSGO:ENAEX' s Days Payable Range Over the Past 10 Years
Min: 27.17   Med: 50.61   Max: 60.29
Current: 54.59

During the past 13 years, Enaex's highest Days Payable was 60.29. The lowest was 27.17. And the median was 50.61.

XSGO:ENAEX's Days Payable is ranked worse than
57.01% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XSGO:ENAEX: 54.59

Enaex's Days Payable declined from Dec. 2022 (55.08) to Dec. 2023 (51.37). It may suggest that Enaex accelerated paying its suppliers.


Enaex Days Payable Historical Data

The historical data trend for Enaex'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.

Enaex Days Payable Chart

Enaex 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 60.29 57.52 41.04 46.55 56.45

Enaex 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 55.08 58.18 56.84 48.09 51.37

Competitive Comparison of Enaex's Days Payable

For the Specialty Chemicals subindustry, Enaex'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.


Enaex's Days Payable Distribution in the Chemicals Industry

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

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



Enaex 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.

Enaex'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
=( (209567.594 + 167503.389) / 2 ) / 1219067.672*365
=188535.4915 / 1219067.672*365
=56.45

Enaex'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
=( (156464.354 + 167503.389) / 2 ) / 287710.348*365 / 4
=161983.8715 / 287710.348*365 / 4
=51.37

* 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.


Enaex Days Payable Related Terms

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Enaex (XSGO:ENAEX) Business Description

Traded in Other Exchanges
N/A
Address
El Trovador No. 4253, Las Condes, Santiago, CHL
Enaex SA is a producer of low-density ammonium nitrate. In addition, the company also provides integral rock fragmentation services for the mining in Chile and Latin America. The company's product families are broken down into five categories: raw materials for explosives, blasting agent, high explosives, initiation systems, and accessories. It also offers comprehensive blasting service for mining and civil works and an integral service of administration of powder magazines and plants. It also provides services to the main open-pit and underground mining companies that operate in Chile, Argentina, Mexico, Japan, Australia, Brazil, Colombia, and Peru.

Enaex (XSGO:ENAEX) Headlines

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