AgrometalI (BUE:AGRO) Days Payable : 38.67 (As of Dec. 2024)

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What is AgrometalI Days Payable?

AgrometalI's average Accounts Payable for the three months ended in Dec. 2024 was ARS5,372 Mil. AgrometalI's Cost of Goods Sold for the three months ended in Dec. 2024 was ARS12,677 Mil. Hence, AgrometalI's Days Payable for the three months ended in Dec. 2024 was 38.67.

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

BUE:AGRO' s Days Payable Range Over the Past 10 Years
Min: 22.85 Med: 43.38 Max: 69.2
Current: 30.57

During the past 13 years, AgrometalI's highest Days Payable was 69.20. The lowest was 22.85. And the median was 43.38.

BUE:AGRO's Days Payable is ranked worse than
91.35% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.37 vs BUE:AGRO: 30.57

AgrometalI's Days Payable increased from Dec. 2023 (14.93) to Dec. 2024 (38.67). It may suggest that AgrometalI delayed paying its suppliers.

AgrometalI Days Payable Historical Data

The historical data trend for AgrometalI'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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AgrometalI Days Payable Chart

AgrometalI Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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49.93

27.61

24.77

22.85

28.11

AgrometalI Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															14.93	53.07	26.04	22.64	38.67

Competitive Comparison of AgrometalI's Days Payable

For the Farm & Heavy Construction Machinery subindustry, AgrometalI'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.

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

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

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

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AgrometalI 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.

AgrometalI's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1444.305	+	5442.752)	/	2 )	/	44705.661	*	365
=	3443.5285					/	44705.661	*	365
=	28.11

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5301.093	+	5442.752)	/	2 )	/	12677.258	*	365 / 4
=	5371.9225					/	12677.258	*	365 / 4
=	38.67

AgrometalI Days Payable Related Terms

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AgrometalI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Agrometal SAI (BUE:AGRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Misiones 1974, Monte Maiz, Cordoba, ARG, COR X2659BIN

Website

http://www.agrometal.com

Agrometal SAI is engaged in the manufacturing and distribution of agricultural machinery for precision sowing. It offers ADX Air Drill fine and coarse grain seeders; APX seed drills; TX MEGA and MINI MEGA coarse grain sowing machines; MXY II and MSX grain, coarse, and pastures seed harvesters; TX PIVOT II precision transportable precision grain seed drills; and MXW and XZ fine grain and pasture seeders, as well as hydraulic actuators.