Bell Equipment (FRA:B2K) Days Payable : 59.20 (As of Jun. 2024)

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What is Bell Equipment Days Payable?

Bell Equipment's average Accounts Payable for the six months ended in Jun. 2024 was €82.3 Mil. Bell Equipment's Cost of Goods Sold for the six months ended in Jun. 2024 was €253.8 Mil. Hence, Bell Equipment's Days Payable for the six months ended in Jun. 2024 was 59.20.

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

FRA:B2K' s Days Payable Range Over the Past 10 Years
Min: 38.27 Med: 49.33 Max: 74.77
Current: 59.21

During the past 13 years, Bell Equipment's highest Days Payable was 74.77. The lowest was 38.27. And the median was 49.33.

FRA:B2K's Days Payable is ranked worse than
63.59% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.915 vs FRA:B2K: 59.21

Bell Equipment's Days Payable declined from Jun. 2023 (65.41) to Jun. 2024 (59.20). It may suggest that Bell Equipment accelerated paying its suppliers.

Bell Equipment Days Payable Historical Data

The historical data trend for Bell Equipment'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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Bell Equipment Days Payable Chart

Bell Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.55

52.27

46.64

49.99

51.47

Bell Equipment 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															67.27	55.81	65.41	56.14	59.20

Competitive Comparison of Bell Equipment's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.

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

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

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

Bell Equipment 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.

Bell Equipment'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
=	( (70.338	+	79.741)	/	2 )	/	532.106	*	365
=	75.0395					/	532.106	*	365
=	51.47

Bell Equipment'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
=	( (79.741	+	84.885)	/	2 )	/	253.75	*	365 / 2
=	82.313					/	253.75	*	365 / 2
=	59.20

Bell Equipment Days Payable Related Terms

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Bell Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Bell Equipment Ltd (FRA:B2K) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BEL:South Africa BLLQF:USA B2K:Germany

Address

13 -19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900

Website

https://www.bellequipment.com

Bell Equipment Ltd is engaged in the manufacturing and distribution of material handling machines in South Africa. Its products include articulated dump trucks, haulage tractors, tractor loader backhoes, front-end loaders, sugar cane, and timber-loading equipment and construction equipment such as graders, dozers, and excavators. It machine are used for mining, construction, forestry, sugar, and related industries. It operates through below operation Manufacturing, assembly, logistics, and dealer sales operations and Direct Sales operation.

Bell Equipment Headlines

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