Vetropack Holding AG (XSWX:VETN) Days Payable

: 172.09 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

Vetropack Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF162.8 Mil. Vetropack Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF172.6 Mil. Hence, Vetropack Holding AG's Days Payable for the six months ended in Dec. 2023 was 172.09.

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

XSWX:VETN' s Days Payable Range Over the Past 10 Years
Min: 85.21 Med: 146.94 Max: 193.28
Current: 186.39

During the past 13 years, Vetropack Holding AG's highest Days Payable was 193.28. The lowest was 85.21. And the median was 146.94.

XSWX:VETN's Days Payable is ranked better than
95.37% of 367 companies
in the Packaging & Containers industry
Industry Median: 57.52 vs XSWX:VETN: 186.39

Vetropack Holding AG's Days Payable increased from Dec. 2022 (153.97) to Dec. 2023 (172.09). It may suggest that Vetropack Holding AG delayed paying its suppliers.

Vetropack Holding AG Days Payable Historical Data

The historical data trend for Vetropack Holding 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.

Vetropack Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

153.31

172.67

147.43

172.94

193.28

Vetropack Holding 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															141.38	158.05	153.97	193.58	172.09

Competitive Comparison

For the Packaging & Containers subindustry, Vetropack Holding 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.

Vetropack Holding AG Days Payable Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Vetropack Holding AG's Days Payable distribution charts can be found below:

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

Vetropack Holding 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.

Vetropack Holding 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
=	( (209	+	160.5)	/	2 )	/	348.9	*	365
=	184.75					/	348.9	*	365
=	193.28

Vetropack Holding 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
=	( (165	+	160.5)	/	2 )	/	172.6	*	365 / 2
=	162.75					/	172.6	*	365 / 2
=	172.09

Vetropack Holding AG Days Payable Related Terms

Thank you for viewing the detailed overview of Vetropack Holding AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vetropack Holding AG (XSWX:VETN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vetropack Holding AG (XSWX:VETN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VETNz:UK

Address

Schutzenmattstrasse 48, Bulach, CHE, 8180

Website

https://www.vetropack.com

Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. The segment reporting used at the top management level for corporate management has just one segment (Glass packaging). The secondary segment Speciality glass comprises only trade revenue in Switzerland.

Vetropack Holding AG (XSWX:VETN) Headlines

No Headlines