Aluflexpack AG (CHIX:AFPZ) Days Payable : 91.31 (As of Jun. 2024)

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What is Aluflexpack AG Days Payable?

Aluflexpack AG's average Accounts Payable for the six months ended in Jun. 2024 was CHF55.9 Mil. Aluflexpack AG's Cost of Goods Sold for the six months ended in Jun. 2024 was CHF111.7 Mil. Hence, Aluflexpack AG's Days Payable for the six months ended in Jun. 2024 was 91.31.

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

CHIX:AFPz' s Days Payable Range Over the Past 10 Years
Min: 93.01 Med: 97 Max: 100.15
Current: 93.01

During the past 6 years, Aluflexpack AG's highest Days Payable was 100.15. The lowest was 93.01. And the median was 97.00.

CHIX:AFPz's Days Payable is ranked better than
74.54% of 377 companies
in the Packaging & Containers industry
Industry Median: 57.14 vs CHIX:AFPz: 93.01

Aluflexpack AG's Days Payable declined from Jun. 2023 (97.51) to Jun. 2024 (91.31). It may suggest that Aluflexpack AG accelerated paying its suppliers.

Aluflexpack AG Days Payable Historical Data

The historical data trend for Aluflexpack AG'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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Aluflexpack AG Days Payable Chart

Aluflexpack AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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97.46

95.18

98.09

93.90

96.53

Aluflexpack AG Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial								91.90	90.18	97.51	92.60	91.31

Competitive Comparison of Aluflexpack AG's Days Payable

For the Packaging & Containers subindustry, Aluflexpack AG'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.

Aluflexpack AG's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Aluflexpack AG's Days Payable distribution charts can be found below:

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

Aluflexpack AG 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.

Aluflexpack AG'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
=	( (68.409	+	55.419)	/	2 )	/	234.109	*	365
=	61.914					/	234.109	*	365
=	96.53

Aluflexpack AG'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
=	( (55.419	+	56.387)	/	2 )	/	111.727	*	365 / 2
=	55.903					/	111.727	*	365 / 2
=	91.31

Aluflexpack AG Days Payable Related Terms

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Aluflexpack AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Aluflexpack AG (CHIX:AFPz) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AFP:Switzerland

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.aluflexpack.com

Aluflexpack AG provides flexible packaging and solutions. The company is engaged in producing a wide range of flexible packaging products and solutions by converting and refining aluminum foil, paper, and flexible films. It offers products such as Containers, Films and foils, Lacquered foil, Lids, pouches, and Printed foils. It provides its services to the confectionery, dairy, and pharmaceutical industries. It derives revenue from Switzerland and other countries.

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