Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) Days Payable: 262.27 (As of Sep. 2023)

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MIC:CHKZ Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
17 GF Score
Price ₽15,250.00
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What is Chelyabinsk Forge-and-Press Plant PJSC Days Payable?

Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ +2.69% 17 Days Payable is 262.27 as of Sep. 2023. GuruFocus rates MIC:CHKZ with a GF Score™ of 17/100.

Chelyabinsk Forge-and-Press Plant PJSC's average Accounts Payable for the three months ended in Sep. 2023 was ₽26,040 Mil. Chelyabinsk Forge-and-Press Plant PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽9,060 Mil. Hence, Chelyabinsk Forge-and-Press Plant PJSC's Days Payable for the three months ended in Sep. 2023 was 262.27.

The historical rank and industry rank for Chelyabinsk Forge-and-Press Plant PJSC's Days Payable or its related term are showing as below:

MIC:CHKZ's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.04
* Ranked among companies with meaningful Days Payable only.

Chelyabinsk Forge-and-Press Plant PJSC's Days Payable increased from Sep. 2022 (139.38) to Sep. 2023 (262.27). It may suggest that Chelyabinsk Forge-and-Press Plant PJSC delayed paying its suppliers.

Chelyabinsk Forge-and-Press Plant PJSC Days Payable Related Terms

Chelyabinsk Forge-and-Press Plant PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Chelyabinsk Forge-and-Press Plant PJSC'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.

Chelyabinsk Forge-and-Press Plant PJSC Days Payable Chart

Chelyabinsk Forge-and-Press Plant PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.63 38.18 36.87 37.77 34.39

Chelyabinsk Forge-and-Press Plant PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 139.38 40.32 191.27 244.47 262.27

MIC:CHKZ vs ATI, MLI, ESAB: Days Payable Comparison

For the Metal Fabrication subindustry, Chelyabinsk Forge-and-Press Plant PJSC'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.

Chelyabinsk Forge-and-Press Plant PJSC Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chelyabinsk Forge-and-Press Plant PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Chelyabinsk Forge-and-Press Plant PJSC's Days Payable falls into.


MIC:CHKZ
17GF Score
Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chelyabinsk Forge-and-Press Plant PJSC 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.

Chelyabinsk Forge-and-Press Plant PJSC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1521.306 + 2071.387) / 2 ) / 19067.455*365
=1796.3465 / 19067.455*365
=34.39

Chelyabinsk Forge-and-Press Plant PJSC's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (23159.447 + 28920.101) / 2 ) / 9059.969*365 / 4
=26039.774 / 9059.969*365 / 4
=262.27

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 262.27 mean?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a Days Payable of 262.27 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chelyabinsk Forge-and-Press Plant PJSC and its competitors.
Is Chelyabinsk Forge-and-Press Plant PJSC's Days Payable too high?
Chelyabinsk Forge-and-Press Plant PJSC's current Days Payable is 262.27. The Industrial Products industry median Days Payable is 78.04. Chelyabinsk Forge-and-Press Plant PJSC's value of 262.27 is 236.1% above this industry median. Overall, Chelyabinsk Forge-and-Press Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Chelyabinsk Forge-and-Press Plant PJSC's Days Payable compare to ATI and MLI?
Chelyabinsk Forge-and-Press Plant PJSC's Days Payable of 262.27 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.04. Chelyabinsk Forge-and-Press Plant PJSC's value of 262.27 is 236.1% above 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Chelyabinsk Forge-and-Press Plant PJSC's current Days Payable of 262.27 is 236.1% above 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 Chelyabinsk Forge-and-Press Plant PJSC and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chelyabinsk Forge-and-Press Plant PJSC's current Days Payable is 262.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chelyabinsk Forge-and-Press Plant PJSC stock overvalued right now?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a current Days Payable of 262.27. The current Days Payable is 262.27 and 236.1% above the Industrial Products industry median of 78.04. Chelyabinsk Forge-and-Press Plant PJSC's overall GF Score™ is 17/100. 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 Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ), the current Days Payable is 262.27 as of Sep. 2023. 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.

Chelyabinsk Forge-and-Press Plant PJSC Business Description

Address 12 Gorelova Street, Chelyabinsk, RUS, 454012
Chelyabinsk Forge-and-Press Plant PJSC is a forging company. The company's products include forgings and stampings, finished pipeline fittings, parts of automotive and agricultural applications, wheels and special purpose vehicles.
17GF Score

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