Sif Holding NV (LTS:0RHT) Days Payable : 66.37 (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Sif Holding NV Days Payable?

Sif Holding NV's average Accounts Payable for the six months ended in Jun. 2024 was €66.6 Mil. Sif Holding NV's Cost of Goods Sold for the six months ended in Jun. 2024 was €183.2 Mil. Hence, Sif Holding NV's Days Payable for the six months ended in Jun. 2024 was 66.37.

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

LTS:0RHT' s Days Payable Range Over the Past 10 Years
Min: 54.38 Med: 88.53 Max: 113.15
Current: 60.94

During the past 13 years, Sif Holding NV's highest Days Payable was 113.15. The lowest was 54.38. And the median was 88.53.

LTS:0RHT's Days Payable is ranked worse than
60.75% of 2930 companies
in the Industrial Products industry
Industry Median: 75.76 vs LTS:0RHT: 60.94

Sif Holding NV's Days Payable declined from Jun. 2023 (75.35) to Jun. 2024 (66.37). It may suggest that Sif Holding NV accelerated paying its suppliers.

Sif Holding NV Days Payable Historical Data

The historical data trend for Sif Holding NV'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.

Sif Holding NV Days Payable Chart

Sif Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.38

67.80

65.12

94.21

88.05

Sif Holding NV 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															72.10	94.76	75.35	67.33	66.37

Competitive Comparison of Sif Holding NV's Days Payable

For the Metal Fabrication subindustry, Sif Holding NV'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.

Sif Holding NV's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sif Holding NV's Days Payable falls into.

Sif Holding NV 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.

Sif Holding NV'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
=	( (92.333	+	87.324)	/	2 )	/	372.359	*	365
=	89.8285					/	372.359	*	365
=	88.05

Sif Holding NV'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
=	( (87.324	+	45.93)	/	2 )	/	183.193	*	365 / 2
=	66.627					/	183.193	*	365 / 2
=	66.37

Sif Holding NV Days Payable Related Terms

Thank you for viewing the detailed overview of Sif Holding NV's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sif Holding NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sif Holding NV (LTS:0RHT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SIFG:Netherlands 276:Germany

Address

Mijnheerkensweg 33, P.O. Box 522, Roermond, NLD, 6040 AM

Website

https://www.sif-group.com

Sif Holding NV is engaged in the manufacturing of metal structures, parts of metal structures, pipes, pipe structures, components for the offshore industry, and foundation piles for offshore wind farms. The company's operating segment includes Wind; Marshalling and others. It generates maximum revenue from the Wind segment. The wind segment produces and delivers monopiles, transition pieces, or other foundation components for the offshore wind industry. The marshalling segment includes renting-out of the logistical area and facilities and the delivery of logistical services to customers, mainly in the off-shore wind industry. Geographically, it derives a majority of its revenue from the Netherlands.

Sif Holding NV Headlines

No Headlines