Cemacon (BSE:CEON) Days Payable: 165.17 (As of Jun. 2024)


BSE:CEON Cemacon SA BSE:CEON
65 GF Score
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What is Cemacon Days Payable?

Cemacon BSE:CEON 65 Days Payable is 165.17 as of Jun. 2024. GuruFocus rates BSE:CEON with a GF Score™ of 65/100.

Cemacon's average Accounts Payable for the three months ended in Jun. 2024 was lei14.5 Mil. Cemacon's Cost of Goods Sold for the three months ended in Jun. 2024 was lei8.0 Mil. Hence, Cemacon's Days Payable for the three months ended in Jun. 2024 was 165.17.

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

BSE:CEON's Days Payable is not ranked *
in the Building Materials industry.
Industry Median: 69.75
* Ranked among companies with meaningful Days Payable only.

Cemacon's Days Payable declined from Jun. 2023 (392.24) to Jun. 2024 (165.17). It may suggest that Cemacon accelerated paying its suppliers.

Cemacon Days Payable Historical Data

* Premium members only.

The historical data trend for Cemacon'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.

Cemacon Days Payable Chart

Cemacon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 189.80 264.45 349.56 325.95 264.21

Cemacon 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 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 392.24 179.96 182.72 142.28 165.17

BSE:CEON vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Cemacon'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.

Cemacon Days Payable vs Building Materials Industry

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

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


BSE:CEON
65GF Score
Cemacon SA BSE:CEON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cemacon 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.

Cemacon'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
=( (17.18 + 15.774) / 2 ) / 22.763*365
=16.477 / 22.763*365
=264.21

Cemacon'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
=( (15.023 + 13.924) / 2 ) / 7.996*365 / 4
=14.4735 / 7.996*365 / 4
=165.17

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 165.17 mean?
Cemacon (BSE:CEON) has a Days Payable of 165.17 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cemacon and its competitors.
Is Cemacon's Days Payable too high?
Cemacon's current Days Payable is 165.17. The Building Materials industry median Days Payable is 69.75. Cemacon's value of 165.17 is 136.8% above this industry median. Overall, Cemacon has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Cemacon's Days Payable compare to CRH and VMC?
Cemacon's Days Payable of 165.17 can be compared against companies in the Building Materials industry. The industry median Days Payable is 69.75. Cemacon's value of 165.17 is 136.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cemacon's current Days Payable of 165.17 is 136.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cemacon and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemacon's current Days Payable is 165.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemacon stock overvalued right now?
Cemacon (BSE:CEON) has a current Days Payable of 165.17. The current Days Payable is 165.17 and 136.8% above the Building Materials industry median of 69.75. Cemacon's overall GF Score™ is 65/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Cemacon (BSE:CEON), the current Days Payable is 165.17 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cemacon Business Description

Address No. 178K, Calea Turzii Street, Hexagon Offices, 1st Floor, Cluj county, Cluj-Napoca, ROU
Cemacon SA is engaged in manufacturing and selling baked clay masonry elements, with use in construction and civil engineering. The company's products are exterior and interior load-bearing masonry, exterior and interior non-bearing masonry, ventilation element, cemacon lintel, chimney system and others.
65GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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