Alro (BSE:ALR) Days Payable : 33.52 (As of Mar. 2024)

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What is Alro Days Payable?

Alro's average Accounts Payable for the three months ended in Mar. 2024 was lei290 Mil. Alro's Cost of Goods Sold for the three months ended in Mar. 2024 was lei789 Mil. Hence, Alro's Days Payable for the three months ended in Mar. 2024 was 33.52.

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

BSE:ALR' s Days Payable Range Over the Past 10 Years
Min: 28.06 Med: 32.89 Max: 50.58
Current: 30.06

During the past 13 years, Alro's highest Days Payable was 50.58. The lowest was 28.06. And the median was 32.89.

BSE:ALR's Days Payable is ranked worse than
85.58% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs BSE:ALR: 30.06

Alro's Days Payable increased from Mar. 2023 (27.68) to Mar. 2024 (33.52). It may suggest that Alro delayed paying its suppliers.

Alro Days Payable Historical Data

The historical data trend for Alro'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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Alro Days Payable Chart

Alro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.84

32.74

34.04

32.09

28.06

Alro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															27.68	28.26	23.87	27.74	33.52

Competitive Comparison of Alro's Days Payable

For the Aluminum subindustry, Alro'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.

Alro's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alro's Days Payable distribution charts can be found below:

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

Alro 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.

Alro'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
=	( (230.633	+	240.807)	/	2 )	/	3066.081	*	365
=	235.72					/	3066.081	*	365
=	28.06

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (240.807	+	338.828)	/	2 )	/	789.03	*	365 / 4
=	289.8175					/	789.03	*	365 / 4
=	33.52

Alro Days Payable Related Terms

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Alro (BSE:ALR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alro SA (BSE:ALR) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

116, Pitesti Street, Olt County, Slatina, ROU, 230048

Website

https://www.alro.ro/en

Alro SA is an aluminum producer. The company organizes its operations into four segments: Bauxite, Alumina, Primary Aluminium, and Processed Aluminium. The Bauxite segment is operating in Sierra Leone (Africa) and consists of SMHL, GAL and BML. The Alumina segment uses bauxite to produce alumina, the main raw material for electrolytic aluminium production. The Primary Aluminium segment, which mainly includes the anodes section, electrolysis section, the Casting House and Aluminium Eco Recycling Facility sections, manufactures and sells products like wire, rod, slabs and occasionally ingots. The Processed Aluminium segment, which includes Alro's Processed Aluminium section and Vimetco Extrusion, produces and sells sheets, coils, plates, and extruded products.