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International Flavors & Fragrances (BSP:I1FF34) Days Payable : 63.05 (As of Jun. 2024)


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What is International Flavors & Fragrances Days Payable?

International Flavors & Fragrances's average Accounts Payable for the three months ended in Jun. 2024 was R$6,777 Mil. International Flavors & Fragrances's Cost of Goods Sold for the three months ended in Jun. 2024 was R$9,808 Mil. Hence, International Flavors & Fragrances's Days Payable for the three months ended in Jun. 2024 was 63.05.

The historical rank and industry rank for International Flavors & Fragrances's Days Payable or its related term are showing as below:

BSP:I1FF34' s Days Payable Range Over the Past 10 Years
Min: 46.81   Med: 59.31   Max: 65.44
Current: 62.2

During the past 13 years, International Flavors & Fragrances's highest Days Payable was 65.44. The lowest was 46.81. And the median was 59.31.

BSP:I1FF34's Days Payable is ranked better than
52.25% of 1510 companies
in the Chemicals industry
Industry Median: 59.985 vs BSP:I1FF34: 62.20

International Flavors & Fragrances's Days Payable increased from Jun. 2023 (57.41) to Jun. 2024 (63.05). It may suggest that International Flavors & Fragrances delayed paying its suppliers.


International Flavors & Fragrances Days Payable Historical Data

The historical data trend for International Flavors & Fragrances'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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International Flavors & Fragrances Days Payable Chart

International Flavors & Fragrances 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 57.66 58.63 46.95 67.58 67.78

International Flavors & Fragrances 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 57.41 55.78 61.86 65.75 63.05

Competitive Comparison of International Flavors & Fragrances's Days Payable

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Days Payable distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Days Payable falls into.



International Flavors & Fragrances 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.

International Flavors & Fragrances'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
=( (7437.977 + 6751.924) / 2 ) / 38208.64*365
=7094.9505 / 38208.64*365
=67.78

International Flavors & Fragrances'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
=( (6702.811 + 6851.119) / 2 ) / 9808.088*365 / 4
=6776.965 / 9808.088*365 / 4
=63.05

* 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.


International Flavors & Fragrances Days Payable Related Terms

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International Flavors & Fragrances Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world.

International Flavors & Fragrances Headlines

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