Alleima AB (Alleima AB) Days Payable : 46.22 (As of Mar. 2024)

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What is Alleima AB Days Payable?

Alleima AB's average Accounts Payable for the three months ended in Mar. 2024 was $195 Mil. Alleima AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $386 Mil. Hence, Alleima AB's Days Payable for the three months ended in Mar. 2024 was 46.22.

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

SAMHF' s Days Payable Range Over the Past 10 Years
Min: 40.29 Med: 52.42 Max: 63.27
Current: 51.45

During the past 5 years, Alleima AB's highest Days Payable was 63.27. The lowest was 40.29. And the median was 52.42.

SAMHF's Days Payable is ranked better than
56.78% of 583 companies
in the Steel industry
Industry Median: 41.6 vs SAMHF: 51.45

Alleima AB's Days Payable declined from Mar. 2023 (65.04) to Mar. 2024 (46.22). It may suggest that Alleima AB accelerated paying its suppliers.

Alleima AB Days Payable Historical Data

The historical data trend for Alleima AB'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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Alleima AB Days Payable Chart

Alleima AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

40.42

37.88

60.20

67.29

52.08

Alleima AB Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									65.04	-	-	46.21	46.22

Competitive Comparison of Alleima AB's Days Payable

For the Steel subindustry, Alleima AB'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.

Alleima AB's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alleima AB's Days Payable distribution charts can be found below:

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

Alleima AB 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.

Alleima AB'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
=	( (252.361	+	195.27)	/	2 )	/	1568.593	*	365
=	223.8155					/	1568.593	*	365
=	52.08

Alleima AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (195.27	+	0)	/	1 )	/	385.543	*	365 / 4
=	195.27					/	385.543	*	365 / 4
=	46.22

Alleima AB Days Payable Related Terms

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Alleima AB (Alleima AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alleima AB (OTCPK:SAMHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALLEI:Sweden M46:Germany

Address

Storgatan 2, Sandviken, SWE, SE-811 81

Website

https://www.alleima.com

Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

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