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Milacron Holdings (Milacron Holdings) Days Payable : 52.38 (As of Sep. 2019)


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What is Milacron Holdings Days Payable?

Milacron Holdings's average Accounts Payable for the three months ended in Sep. 2019 was $100 Mil. Milacron Holdings's Cost of Goods Sold for the three months ended in Sep. 2019 was $174 Mil. Hence, Milacron Holdings's Days Payable for the three months ended in Sep. 2019 was 52.38.

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

MCRN's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 76.5
* Ranked among companies with meaningful Days Payable only.

Milacron Holdings's Days Payable declined from Sep. 2018 (59.15) to Sep. 2019 (52.38). It may suggest that Milacron Holdings accelerated paying its suppliers.


Milacron Holdings Days Payable Historical Data

The historical data trend for Milacron Holdings'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.

Milacron Holdings Days Payable Chart

Milacron Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial 39.92 39.79 40.65 45.84 52.15

Milacron Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.15 38.39 63.80 51.37 52.38

Competitive Comparison of Milacron Holdings's Days Payable

For the Specialty Industrial Machinery subindustry, Milacron Holdings'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.


Milacron Holdings's Days Payable Distribution in the Industrial Products Industry

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

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



Milacron Holdings 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.

Milacron Holdings's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (121.6 + 122.9) / 2 ) / 855.6*365
=122.25 / 855.6*365
=52.15

Milacron Holdings's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (101.3 + 98.8) / 2 ) / 174.3*365 / 4
=100.05 / 174.3*365 / 4
=52.38

* 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.


Milacron Holdings Days Payable Related Terms

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Milacron Holdings (Milacron Holdings) Business Description

Traded in Other Exchanges
N/A
Address
10200 Alliance Road, Suite 200, Cincinnati, OH, USA, 45242
Milacron Holdings Corp is a United States-based firm that manufactures, distributes, and services engineered and customized systems for plastic technology and processing industry. The company operates through three segments, namely Advanced Plastic Processing Technologies, Melt Delivery and Control Systems, and Fluid Technologies. The APPT segment produces injection, extrusion, and blow molding equipment, co-injection systems, and related parts and services. The MDCS segment manufactures hot runner and process control systems, mold bases and components, and maintenance, repair, and operating supplies. The fluids segment provides lubricants and coolants used in metalworking applications. Milacron generates the majority of its sales from North America and Europe.
Executives
Timothy M Crow director 2455 PACES FERRY ROAD, NW, ATLANTA GA 30339
Davis Waters S Iv director 10200 ALLIANCE ROAD, SUITE 200, CINCINNATI OH 45242
Ling An-heid officer: President, Mold-Masters ONE BATESVILLE BLVD., BATESVILLE IN 47006
Jim M. Kratochvil director C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Gluchowski Gregory J. Jr. director 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Rebecca Lee Steinfort director 2500 W EXECUTIVE PKWY, #100, LEHI UT 84043
James Gentilcore director NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Ccmp Capital Investors Ii, L.p. 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Investors (cayman) Ii, L.p. 10 percent owner C/O INTERTRUST CORPORATE SERVICES (CAYMA, 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005
Ccmp Capital Associates, L.p. 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Gp, Llc 10 percent owner 1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Ccmp Capital Associates Gp, Llc 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Gallagher John J Iii other: Former Officer C/O GREAT LAKES CHEMICAL, 500 E 96TH ST STE 500, INDIANAPOLIS IN 46240

Milacron Holdings (Milacron Holdings) Headlines

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