Corticeira Amorim SGPS (FRA:AS4) Days Payable : 114.09 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Corticeira Amorim SGPS Days Payable?

Corticeira Amorim SGPS's average Accounts Payable for the three months ended in Sep. 2024 was €142.2 Mil. Corticeira Amorim SGPS's Cost of Goods Sold for the three months ended in Sep. 2024 was €113.7 Mil. Hence, Corticeira Amorim SGPS's Days Payable for the three months ended in Sep. 2024 was 114.09.

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

FRA:AS4' s Days Payable Range Over the Past 10 Years
Min: 117.3 Med: 137.64 Max: 158.6
Current: 126.84

During the past 13 years, Corticeira Amorim SGPS's highest Days Payable was 158.60. The lowest was 117.30. And the median was 137.64.

FRA:AS4's Days Payable is ranked better than
89.13% of 276 companies
in the Forest Products industry
Industry Median: 56.865 vs FRA:AS4: 126.84

Corticeira Amorim SGPS's Days Payable declined from Sep. 2023 (178.41) to Sep. 2024 (114.09). It may suggest that Corticeira Amorim SGPS accelerated paying its suppliers.

Corticeira Amorim SGPS Days Payable Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

* Premium members only.

Corticeira Amorim SGPS Days Payable Chart

Corticeira Amorim SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

137.72

121.66

117.30

121.53

125.87

Corticeira Amorim SGPS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															178.41	158.47	125.76	96.96	114.09

Competitive Comparison of Corticeira Amorim SGPS's Days Payable

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Days Payable distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's Days Payable falls into.

Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS'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
=	( (170.549	+	159)	/	2 )	/	477.834	*	365
=	164.7745					/	477.834	*	365
=	125.87

Corticeira Amorim SGPS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (142.306	+	142.085)	/	2 )	/	113.724	*	365 / 4
=	142.1955					/	113.724	*	365 / 4
=	114.09

Corticeira Amorim SGPS Days Payable Related Terms

Thank you for viewing the detailed overview of Corticeira Amorim SGPS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Corticeira Amorim SGPS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Corticeira Amorim SGPS SA (FRA:AS4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

COR:Portugal 0O7J:UK AS4:Germany

Address

No. 380, Rua Comendador Americo Ferreira de Amorim, Mozelos, PRT, 4536-902

Website

https://www.corticeiraamorim.com

Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.

Corticeira Amorim SGPS Headlines

No Headlines