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BEKAY (NV Bekaert) Days Payable : 78.05 (As of Dec. 2024)


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What is NV Bekaert Days Payable?

NV Bekaert's average Accounts Payable for the six months ended in Dec. 2024 was $725 Mil. NV Bekaert's Cost of Goods Sold for the six months ended in Dec. 2024 was $1,694 Mil. Hence, NV Bekaert's Days Payable for the six months ended in Dec. 2024 was 78.05.

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

BEKAY' s Days Payable Range Over the Past 10 Years
Min: 50.34   Med: 70.81   Max: 83.42
Current: 73.59

During the past 13 years, NV Bekaert's highest Days Payable was 83.42. The lowest was 50.34. And the median was 70.81.

BEKAY's Days Payable is ranked worse than
52.04% of 2942 companies
in the Industrial Products industry
Industry Median: 76.52 vs BEKAY: 73.59

NV Bekaert's Days Payable increased from Dec. 2023 (72.84) to Dec. 2024 (78.05). It may suggest that NV Bekaert delayed paying its suppliers.


NV Bekaert Days Payable Historical Data

The historical data trend for NV Bekaert'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.

NV Bekaert Days Payable Chart

NV Bekaert Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.79 82.25 86.40 76.95 73.35

NV Bekaert Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 87.01 77.91 72.84 72.47 78.05

Competitive Comparison of NV Bekaert's Days Payable

For the Metal Fabrication subindustry, NV Bekaert'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.


NV Bekaert's Days Payable Distribution in the Industrial Products Industry

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

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


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NV Bekaert 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.

NV Bekaert'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
=( (690.24 + 699.593) / 2 ) / 3458.176*365
=694.9165 / 3458.176*365
=73.35

NV Bekaert'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: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (749.736 + 699.593) / 2 ) / 1694.474*365 / 2
=724.6645 / 1694.474*365 / 2
=78.05

* 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.


NV Bekaert Days Payable Related Terms

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NV Bekaert Business Description

Address
Bekaertstraat 2, Zwevegem, BEL, BE-8550
NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used in various sectors, including automotive, construction, energy, agriculture, and consumer goods. The company operates in China, USA, Belgium, India, Slovakia, Others. Majority of revenue is from international (Others).

NV Bekaert Headlines

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