ALBA SE's average Accounts Payable for the
six
months ended in Jun. 2024 was €24.3 Mil. ALBA SE's Cost of Goods Sold for the
six
months ended in Jun. 2024 was €137.7 Mil.
Hence, ALBA SE's Days Payable for the
six
months ended in Jun. 2024 was 32.25.
The historical rank and industry rank for ALBA SE's Days Payable or its related term are showing as below:
HAM:ABA's Days Payable is not ranked *
in the Waste Management industry.
Industry Median: 63.69 * Ranked among companies with meaningful Days Payable only.
ALBA SE's Days Payable
declined
from Jun. 2023 (34.99) to Jun. 2024 (32.25).
It may suggest that ALBA SEaccelerated paying its suppliers.
ALBA SE Days Payable Related Terms
ALBA SE Days Payable Historical Data
* Premium members only.
The historical data trend for ALBA SE'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.
For the Waste Management subindustry, ALBA SE'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.
ALBA SE Days Payable vs Waste Management Industry
For the Waste Management industry and Industrials sector, ALBA SE's Days Payable distribution charts can be found below:
* The bar in red indicates where ALBA SE's Days Payable falls into.
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.
ALBA SE's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
ALBA SE (HAM:ABA) has a Days Payable of 32.25 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ALBA SE and its competitors.
Is ALBA SE's Days Payable too high?
ALBA SE's current Days Payable is 32.25. The Waste Management industry median Days Payable is 63.69. ALBA SE's value of 32.25 is 49.4% below this industry median. Overall, ALBA SE has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does ALBA SE's Days Payable compare to WM and RSG?
ALBA SE's Days Payable of 32.25 can be compared against companies in the Waste Management industry. The industry median Days Payable is 63.69. ALBA SE's value of 32.25 is 49.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Waste Management company?
The median Days Payable among Waste Management companies is 63.69, based on 233 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ALBA SE's current Days Payable of 32.25 is 49.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ALBA SE and its competitors. For the Waste Management industry, the median Days Payable is 63.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALBA SE's current Days Payable is 32.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALBA SE stock overvalued right now?
ALBA SE (HAM:ABA) has a current Days Payable of 32.25. The current Days Payable is 32.25 and 49.4% below the Waste Management industry median of 63.69. ALBA SE's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For ALBA SE (HAM:ABA), the current Days Payable is 32.25 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.
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