Chimcomplex Borzesti (BSE:CRC) Days Payable : 73.84 (As of Jun. 2023)

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What is Chimcomplex Borzesti Days Payable?

Chimcomplex Borzesti's average Accounts Payable for the six months ended in Jun. 2023 was lei223 Mil. Chimcomplex Borzesti's Cost of Goods Sold for the six months ended in Jun. 2023 was lei550 Mil. Hence, Chimcomplex Borzesti's Days Payable for the six months ended in Jun. 2023 was 73.84.

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

BSE:CRC' s Days Payable Range Over the Past 10 Years
Min: 34.01 Med: 77.79 Max: 175.79
Current: 175.79

During the past 8 years, Chimcomplex Borzesti's highest Days Payable was 175.79. The lowest was 34.01. And the median was 77.79.

BSE:CRC's Days Payable is ranked better than
91.87% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs BSE:CRC: 175.79

Chimcomplex Borzesti's Days Payable increased from Jun. 2022 (62.90) to Jun. 2023 (73.84). It may suggest that Chimcomplex Borzesti delayed paying its suppliers.

Chimcomplex Borzesti Days Payable Historical Data

The historical data trend for Chimcomplex Borzesti'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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Chimcomplex Borzesti Days Payable Chart

Chimcomplex Borzesti Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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103.31

34.01

48.29

90.88

138.31

Chimcomplex Borzesti Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial											26.65	320.43	62.90	-	73.84

Competitive Comparison of Chimcomplex Borzesti's Days Payable

For the Chemicals subindustry, Chimcomplex Borzesti'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.

Chimcomplex Borzesti's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chimcomplex Borzesti's Days Payable distribution charts can be found below:

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

Chimcomplex Borzesti 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.

Chimcomplex Borzesti's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (289.531	+	280.416)	/	2 )	/	752.051	*	365
=	284.9735					/	752.051	*	365
=	138.31

Chimcomplex Borzesti's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (280.416	+	164.828)	/	2 )	/	550.219	*	365 / 2
=	222.622					/	550.219	*	365 / 2
=	73.84

Chimcomplex Borzesti Days Payable Related Terms

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Chimcomplex Borzesti (BSE:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chimcomplex SA Borzesti (BSE:CRC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piata Presei Libere No. 3-5, City Gate Turnul de Sud, Floor 17, Sector 1, Bucharest, ROU

Website

https://www.chimcomplex.com

Chimcomplex SA Borzesti operates as a chemical manufacturing company in Romania. Its product portfolio comprises chlorine, organic solvents, inorganic chlorides, alkylamines, and other products.