Mecanica Ceahlau (BSE:MECF) Days Payable : 172.36 (As of Mar. 2024)

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What is Mecanica Ceahlau Days Payable?

Mecanica Ceahlau's average Accounts Payable for the three months ended in Mar. 2024 was lei7.31 Mil. Mecanica Ceahlau's Cost of Goods Sold for the three months ended in Mar. 2024 was lei3.87 Mil. Hence, Mecanica Ceahlau's Days Payable for the three months ended in Mar. 2024 was 172.36.

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

BSE:MECF' s Days Payable Range Over the Past 10 Years
Min: 49.93 Med: 85.3 Max: 212.1
Current: 212.1

During the past 13 years, Mecanica Ceahlau's highest Days Payable was 212.10. The lowest was 49.93. And the median was 85.30.

BSE:MECF's Days Payable is ranked better than
88.29% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.84 vs BSE:MECF: 212.10

Mecanica Ceahlau's Days Payable increased from Mar. 2023 (160.55) to Mar. 2024 (172.36). It may suggest that Mecanica Ceahlau delayed paying its suppliers.

Mecanica Ceahlau Days Payable Historical Data

The historical data trend for Mecanica Ceahlau'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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Mecanica Ceahlau Days Payable Chart

Mecanica Ceahlau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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91.48

132.13

56.27

79.12

183.65

Mecanica Ceahlau 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															160.55	170.32	258.63	272.17	172.36

Competitive Comparison of Mecanica Ceahlau's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Mecanica Ceahlau'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.

Mecanica Ceahlau's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mecanica Ceahlau's Days Payable distribution charts can be found below:

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

Mecanica Ceahlau 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.

Mecanica Ceahlau'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
=	( (8.141	+	8.811)	/	2 )	/	16.846	*	365
=	8.476					/	16.846	*	365
=	183.65

Mecanica Ceahlau'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
=	( (8.811	+	5.805)	/	2 )	/	3.869	*	365 / 4
=	7.308					/	3.869	*	365 / 4
=	172.36

Mecanica Ceahlau Days Payable Related Terms

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Mecanica Ceahlau (BSE:MECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Mecanica Ceahlau (BSE:MECF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dumbravei Street, nr. 6, Neamt County, Piatra Neamt, ROU, 610202

Website

https://www.mecanicaceahlau.ro

Mecanica Ceahlau is engaged in manufacturing of agricultural machinery. Its products include CF 5, CF 7, CF 9, CFM 7, CFM 9, CSC 00B/5, CSC 00B/7, CSC 00B/9, FB 1600, as well as agricultural trailers with a capacity of 4 to 20 tons.

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