Ternium Argentina (Ternium Argentina) Days Payable : 143.75 (As of Mar. 2024)

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What is Ternium Argentina Days Payable?

Ternium Argentina's average Accounts Payable for the three months ended in Mar. 2024 was $595 Mil. Ternium Argentina's Cost of Goods Sold for the three months ended in Mar. 2024 was $378 Mil. Hence, Ternium Argentina's Days Payable for the three months ended in Mar. 2024 was 143.75.

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

SDDFF' s Days Payable Range Over the Past 10 Years
Min: 29.99 Med: 36.72 Max: 90.92
Current: 74.83

During the past 13 years, Ternium Argentina's highest Days Payable was 90.92. The lowest was 29.99. And the median was 36.72.

SDDFF's Days Payable is ranked better than
72.45% of 588 companies
in the Steel industry
Industry Median: 39.7 vs SDDFF: 74.83

Ternium Argentina's Days Payable increased from Mar. 2023 (48.16) to Mar. 2024 (143.75). It may suggest that Ternium Argentina delayed paying its suppliers.

Ternium Argentina Days Payable Historical Data

The historical data trend for Ternium Argentina'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.

Ternium Argentina Days Payable Chart

Ternium Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.89

52.51

40.12

45.52

105.10

Ternium Argentina Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															48.16	53.31	56.80	84.56	143.75

Competitive Comparison of Ternium Argentina's Days Payable

For the Steel subindustry, Ternium Argentina'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.

Ternium Argentina's Days Payable Distribution in the Steel Industry

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

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

Ternium Argentina 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.

Ternium Argentina'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
=	( (265.207	+	787.637)	/	2 )	/	1828.191	*	365
=	526.422					/	1828.191	*	365
=	105.10

Ternium Argentina'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
=	( (787.637	+	401.846)	/	2 )	/	377.533	*	365 / 4
=	594.7415					/	377.533	*	365 / 4
=	143.75

Ternium Argentina Days Payable Related Terms

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Ternium Argentina (Ternium Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ternium Argentina SA (OTCPK:SDDFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TXAR:Argentina

Address

Avenida Leandro N. Alem 1067, Building AAF, Buenos Aires, ARG, C1001

Website

http://ar.ternium.com

Ternium Argentina SA manufactures and processes a broad range of steel products. Its products include hot and cold rolled, hot-dip galvanized & electro-galvanized and pre-painted steel sheets and tinplate. Geographically the group is based in Argentina.

Ternium Argentina (Ternium Argentina) Headlines

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