AIAGF (Aurubis AG) Days Payable : 39.57 (As of Jun. 2024)

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What is Aurubis AG Days Payable?

Aurubis AG's average Accounts Payable for the three months ended in Jun. 2024 was $1,957 Mil. Aurubis AG's Cost of Goods Sold for the three months ended in Jun. 2024 was $4,513 Mil. Hence, Aurubis AG's Days Payable for the three months ended in Jun. 2024 was 39.57.

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

AIAGF' s Days Payable Range Over the Past 10 Years
Min: 28.13 Med: 32.4 Max: 41.97
Current: 41.97

During the past 13 years, Aurubis AG's highest Days Payable was 41.97. The lowest was 28.13. And the median was 32.40.

AIAGF's Days Payable is ranked worse than
77.47% of 2934 companies
in the Industrial Products industry
Industry Median: 75.525 vs AIAGF: 41.97

Aurubis AG's Days Payable declined from Jun. 2023 (44.59) to Jun. 2024 (39.57). It may suggest that Aurubis AG accelerated paying its suppliers.

Aurubis AG Days Payable Historical Data

The historical data trend for Aurubis 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.

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Aurubis AG Days Payable Chart

Aurubis AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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28.97

31.50

31.96

35.27

34.66

Aurubis AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															44.59	37.76	39.22	41.67	39.57

Competitive Comparison of Aurubis AG's Days Payable

For the Metal Fabrication subindustry, Aurubis 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.

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

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

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

Aurubis 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.

Aurubis AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1567.025	+	1671.494)	/	2 )	/	17051.381	*	365
=	1619.2595					/	17051.381	*	365
=	34.66

Aurubis AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1957.054	+	0)	/	1 )	/	4512.577	*	365 / 4
=	1957.054					/	4512.577	*	365 / 4
=	39.57

Aurubis AG Days Payable Related Terms

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Aurubis AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aurubis AG (OTCPK:AIAGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AIAGY:USA NDAd:UK 0K7F:UK NDA:Germany NDA:Austria

Address

Hovestrasse 50, Hamburg, BY, DEU, 20539

Website

https://www.aurubis.com

Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.