Aluminium du Maroc (CAS:ALM) Days Payable : 56.37 (As of Jun. 2024)

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What is Aluminium du Maroc Days Payable?

Aluminium du Maroc's average Accounts Payable for the six months ended in Jun. 2024 was MAD133 Mil. Aluminium du Maroc's Cost of Goods Sold for the six months ended in Jun. 2024 was MAD430 Mil. Hence, Aluminium du Maroc's Days Payable for the six months ended in Jun. 2024 was 56.37.

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

CAS:ALM' s Days Payable Range Over the Past 10 Years
Min: 36.59 Med: 64.61 Max: 104.65
Current: 59.62

During the past 12 years, Aluminium du Maroc's highest Days Payable was 104.65. The lowest was 36.59. And the median was 64.61.

CAS:ALM's Days Payable is ranked worse than
67.85% of 1042 companies
in the Metals & Mining industry
Industry Median: 129.5 vs CAS:ALM: 59.62

Aluminium du Maroc's Days Payable increased from Jun. 2023 (47.78) to Jun. 2024 (56.37). It may suggest that Aluminium du Maroc delayed paying its suppliers.

Aluminium du Maroc Days Payable Historical Data

The historical data trend for Aluminium du Maroc'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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Aluminium du Maroc Days Payable Chart

Aluminium du Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

63.38

65.39

49.38

36.59

48.57

Aluminium du Maroc Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															81.72	72.14	47.78	63.20	56.37

Competitive Comparison of Aluminium du Maroc's Days Payable

For the Aluminum subindustry, Aluminium du Maroc'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.

Aluminium du Maroc's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's Days Payable distribution charts can be found below:

* The bar in red indicates where Aluminium du Maroc's Days Payable falls into.

Aluminium du Maroc 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.

Aluminium du Maroc'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
=	( (107.2	+	142.87)	/	2 )	/	939.66	*	365
=	125.035					/	939.66	*	365
=	48.57

Aluminium du Maroc'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: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (142.87	+	122.99)	/	2 )	/	430.35	*	365 / 2
=	132.93					/	430.35	*	365 / 2
=	56.37

Aluminium du Maroc Days Payable Related Terms

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Aluminium du Maroc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminium du Maroc (CAS:ALM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000

Website

https://www.aluminiumdumaroc.com

Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.

Aluminium du Maroc Headlines

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