Cementir Holding NV (CHIX:CEMM) Days Payable : 184.45 (As of Mar. 2024)

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What is Cementir Holding NV Days Payable?

Cementir Holding NV's average Accounts Payable for the three months ended in Mar. 2024 was €312 Mil. Cementir Holding NV's Cost of Goods Sold for the three months ended in Mar. 2024 was €154 Mil. Hence, Cementir Holding NV's Days Payable for the three months ended in Mar. 2024 was 184.45.

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

CHIX:CEMm' s Days Payable Range Over the Past 10 Years
Min: 142.26 Med: 167.92 Max: 223.01
Current: 155.71

During the past 13 years, Cementir Holding NV's highest Days Payable was 223.01. The lowest was 142.26. And the median was 167.92.

CHIX:CEMm's Days Payable is ranked better than
82.35% of 374 companies
in the Building Materials industry
Industry Median: 66.055 vs CHIX:CEMm: 155.71

Cementir Holding NV's Days Payable increased from Mar. 2023 (174.51) to Mar. 2024 (184.45). It may suggest that Cementir Holding NV delayed paying its suppliers.

Cementir Holding NV Days Payable Historical Data

The historical data trend for Cementir Holding NV'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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Cementir Holding NV Days Payable Chart

Cementir Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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177.08

170.10

166.90

142.26

166.58

Cementir Holding NV 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															174.51	126.71	130.67	142.55	184.45

Competitive Comparison of Cementir Holding NV's Days Payable

For the Building Materials subindustry, Cementir Holding NV'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.

Cementir Holding NV's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementir Holding NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Cementir Holding NV's Days Payable falls into.

Cementir Holding NV 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.

Cementir Holding NV'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
=	( (351.322	+	311.688)	/	2 )	/	726.365	*	365
=	331.505					/	726.365	*	365
=	166.58

Cementir Holding NV'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
=	( (311.688	+	0)	/	1 )	/	154.199	*	365 / 4
=	311.688					/	154.199	*	365 / 4
=	184.45

Cementir Holding NV Days Payable Related Terms

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Cementir Holding NV (CHIX:CEMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementir Holding NV (CHIX:CEMm) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CEM:Italy 3PC:Germany

Address

Zuidplein 36, Amsterdam, NH, NLD, 1077 XV

Website

https://www.cementirholding.com

Cementir Holding NV is engaged in operating in the building materials sector and focused on four main business lines: grey cement, white cement, ready-mixed concrete, and aggregates. The Group's geographical areas are: The Nordic & Baltic region includes Denmark, Norway, Sweden, Iceland, Poland, and the white cement operations in Belgium and France. The Belgium region includes the activities of the Compagnie des Ciments Belges S.A. group in Belgium and France. The North America region includes the United States. The Asia Pacific region includes China, Malaysia, and Australia. The Holding and Services include the Parent Company, Spartan Hive and Aalborg Portland Digital, and other smaller companies.

Cementir Holding NV (CHIX:CEMM) Headlines

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