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Veralto (FRA:RZ2) Days Payable : 76.04 (As of Mar. 2024)


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What is Veralto Days Payable?

Veralto's average Accounts Payable for the three months ended in Mar. 2024 was €383 Mil. Veralto's Cost of Goods Sold for the three months ended in Mar. 2024 was €459 Mil. Hence, Veralto's Days Payable for the three months ended in Mar. 2024 was 76.04.

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

FRA:RZ2' s Days Payable Range Over the Past 10 Years
Min: 68.55   Med: 78.19   Max: 85.23
Current: 68.55

During the past 4 years, Veralto's highest Days Payable was 85.23. The lowest was 68.55. And the median was 78.19.

FRA:RZ2's Days Payable is ranked worse than
56.22% of 2919 companies
in the Industrial Products industry
Industry Median: 76.62 vs FRA:RZ2: 68.55

Veralto's Days Payable declined from Mar. 2023 (78.49) to Mar. 2024 (76.04). It may suggest that Veralto accelerated paying its suppliers.


Veralto Days Payable Historical Data

The historical data trend for Veralto'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.

Veralto Days Payable Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- 85.23 75.68 76.10

Veralto Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.49 67.62 63.48 66.73 76.04

Competitive Comparison of Veralto's Days Payable

For the Pollution & Treatment Controls subindustry, Veralto'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.


Veralto's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veralto's Days Payable distribution charts can be found below:

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



Veralto 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.

Veralto'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
=( (415.36 + 395.227) / 2 ) / 1944.04*365
=405.2935 / 1944.04*365
=76.10

Veralto'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
=( (395.227 + 369.84) / 2 ) / 459.08*365 / 4
=382.5335 / 459.08*365 / 4
=76.04

* 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.


Veralto Days Payable Related Terms

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Veralto (FRA:RZ2) Business Description

Traded in Other Exchanges
Address
c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037
Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.

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