Arkema (LTS:0IB0) Days Payable : 50.15 (As of Sep. 2024)

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What is Arkema Days Payable?

Arkema's average Accounts Payable for the three months ended in Sep. 2024 was €1,054 Mil. Arkema's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,917 Mil. Hence, Arkema's Days Payable for the three months ended in Sep. 2024 was 50.15.

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

LTS:0IB0' s Days Payable Range Over the Past 10 Years
Min: 46.7 Med: 53.1 Max: 66.29
Current: 66.29

During the past 13 years, Arkema's highest Days Payable was 66.29. The lowest was 46.70. And the median was 53.10.

LTS:0IB0's Days Payable is ranked better than
55.56% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs LTS:0IB0: 66.29

Arkema's Days Payable increased from Sep. 2023 (48.34) to Sep. 2024 (50.15). It may suggest that Arkema delayed paying its suppliers.

Arkema Days Payable Historical Data

The historical data trend for Arkema'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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Arkema Days Payable Chart

Arkema Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.84

54.50

55.94

49.30

52.79

Arkema 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															48.34	50.32	-	50.66	50.15

Competitive Comparison of Arkema's Days Payable

For the Specialty Chemicals subindustry, Arkema'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.

Arkema's Days Payable Distribution in the Chemicals Industry

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

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

Arkema 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.

Arkema'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
=	( (1149	+	1036)	/	2 )	/	7554	*	365
=	1092.5					/	7554	*	365
=	52.79

Arkema'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
=	( (1114	+	993)	/	2 )	/	1917	*	365 / 4
=	1053.5					/	1917	*	365 / 4
=	50.15

Arkema Days Payable Related Terms

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Arkema Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arkema SA (LTS:0IB0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARKAY:USA AKEp:UK AKE:France V1S:Germany

Address

420 rue d’Estienne d’Orves, Colombes, FRA, 92700

Website

https://www.arkema.com

Arkema is a French chemical company formerly known for its large presence in the global acrylics market. However, the company has now developed a strong portfolio of speciality materials. Arkema is organized into four segments. Adhesive solutions, advanced materials, and coatings solutions contain the more specialized material businesses. The intermediates segment houses the remaining commodity chemical businesses. Geographically, sales are split fairly equally among Europe, the US, and Asia.

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