Sika AG (FRA:SIKB) Days Payable : 79.81 (As of Dec. 2024)

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What is Sika AG Days Payable?

Sika AG's average Accounts Payable for the six months ended in Dec. 2024 was €1,279 Mil. Sika AG's Cost of Goods Sold for the six months ended in Dec. 2024 was €2,924 Mil. Hence, Sika AG's Days Payable for the six months ended in Dec. 2024 was 79.81.

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

FRA:SIKB' s Days Payable Range Over the Past 10 Years
Min: 70.42 Med: 79.69 Max: 86.24
Current: 80.36

During the past 13 years, Sika AG's highest Days Payable was 86.24. The lowest was 70.42. And the median was 79.69.

FRA:SIKB's Days Payable is ranked better than
67.4% of 1509 companies
in the Chemicals industry
Industry Median: 58.22 vs FRA:SIKB: 80.36

Sika AG's Days Payable declined from Dec. 2023 (80.97) to Dec. 2024 (79.81). It may suggest that Sika AG accelerated paying its suppliers.

Sika AG Days Payable Historical Data

The historical data trend for Sika 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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Sika AG Days Payable Chart

Sika AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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85.81

75.61

68.59

72.80

78.82

Sika AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															75.32	83.84	80.97	81.65	79.81

Competitive Comparison of Sika AG's Days Payable

For the Specialty Chemicals subindustry, Sika 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.

Sika AG's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sika AG's Days Payable distribution charts can be found below:

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

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Sika 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.

Sika AG's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1175.092	+	1298.504)	/	2 )	/	5727.322	*	365
=	1236.798					/	5727.322	*	365
=	78.82

Sika AG's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1258.9	+	1298.504)	/	2 )	/	2924.018	*	365 / 2
=	1278.702					/	2924.018	*	365 / 2
=	79.81

Sika AG Days Payable Related Terms

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Sika AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (FRA:SIKB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SXYAY:USA SKFOF:USA SIKA N:Mexico SIKAz:UK 0Z4C:UK SIKA:Switzerland SIKA:Canada

Address

Zugerstrasse 50, Baar, CHE, 6340

Website

https://www.sika.com

Established in 1910, Sika produces specialty chemicals primarily used by the construction sector (85% of sales). Its products are mainly used for bonding, sealing, reinforcing, and protecting in the construction and automotive industries. Approximately 70% of its products have a positive impact on sustainability for customers. Sika has a global manufacturing footprint of more than 400 factories spread across over 100 countries.

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