ACRXF (Acerinox) Days Payable : 38.99 (As of Dec. 2024)

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What is Acerinox Days Payable?

Acerinox's average Accounts Payable for the three months ended in Dec. 2024 was $770 Mil. Acerinox's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,802 Mil. Hence, Acerinox's Days Payable for the three months ended in Dec. 2024 was 38.99.

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

ACRXF' s Days Payable Range Over the Past 10 Years
Min: 74.88 Med: 86.02 Max: 164.84
Current: 164.84

During the past 13 years, Acerinox's highest Days Payable was 164.84. The lowest was 74.88. And the median was 86.02.

ACRXF's Days Payable is ranked better than
93.48% of 598 companies
in the Steel industry
Industry Median: 38.975 vs ACRXF: 164.84

Acerinox's Days Payable increased from Dec. 2023 (34.67) to Dec. 2024 (38.99). It may suggest that Acerinox delayed paying its suppliers.

Acerinox Days Payable Historical Data

The historical data trend for Acerinox'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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Acerinox Days Payable Chart

Acerinox Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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92.11

96.76

79.02

73.68

77.02

Acerinox Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															34.67	-	-	-	38.99

Competitive Comparison of Acerinox's Days Payable

For the Steel subindustry, Acerinox'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.

Acerinox's Days Payable Distribution in the Steel Industry

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

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

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Acerinox 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.

Acerinox's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (866.871	+	703.362)	/	2 )	/	3720.673	*	365
=	785.1165					/	3720.673	*	365
=	77.02

Acerinox's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (836.848	+	703.362)	/	2 )	/	1802.139	*	365 / 4
=	770.105					/	1802.139	*	365 / 4
=	38.99

Acerinox Days Payable Related Terms

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Acerinox Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Acerinox SA (OTCPK:ACRXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ANIOY:USA ACXe:UK 0OIQ:UK ACX:Spain ACE1:Germany ACX:Austria

Address

Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035

Website

https://www.acerinox.com

Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.