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Sulzer AG (XSWX:SUN) Days Payable : 64.22 (As of Dec. 2023)


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What is Sulzer AG Days Payable?

Sulzer AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF391 Mil. Sulzer AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,112 Mil. Hence, Sulzer AG's Days Payable for the six months ended in Dec. 2023 was 64.22.

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

XSWX:SUN' s Days Payable Range Over the Past 10 Years
Min: 60.43   Med: 70.67   Max: 86.07
Current: 67.76

During the past 13 years, Sulzer AG's highest Days Payable was 86.07. The lowest was 60.43. And the median was 70.67.

XSWX:SUN's Days Payable is ranked worse than
56.45% of 2930 companies
in the Industrial Products industry
Industry Median: 76 vs XSWX:SUN: 67.76

Sulzer AG's Days Payable declined from Dec. 2022 (70.70) to Dec. 2023 (64.22). It may suggest that Sulzer AG accelerated paying its suppliers.


Sulzer AG Days Payable Historical Data

The historical data trend for Sulzer 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.

Sulzer AG Days Payable Chart

Sulzer AG 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 73.09 86.07 74.18 71.08 67.16

Sulzer AG 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 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 71.58 74.40 70.70 72.01 64.22

Competitive Comparison of Sulzer AG's Days Payable

For the Specialty Industrial Machinery subindustry, Sulzer 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.


Sulzer AG's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sulzer AG's Days Payable distribution charts can be found below:

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



Sulzer 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.

Sulzer AG'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
=( (440.8 + 367.7) / 2 ) / 2197.1*365
=404.25 / 2197.1*365
=67.16

Sulzer 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (415.2 + 367.7) / 2 ) / 1112.4*365 / 2
=391.45 / 1112.4*365 / 2
=64.22

* 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.


Sulzer AG Days Payable Related Terms

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Sulzer AG (XSWX:SUN) Business Description

Traded in Other Exchanges
Address
Neuwiesenstrasse 15, Winterthur, CHE, 8401
Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.