SLVYY (Solvay) Days Payable : 71.78 (As of Dec. 2024)

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What is Solvay Days Payable?

Solvay's average Accounts Payable for the three months ended in Dec. 2024 was $808 Mil. Solvay's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,027 Mil. Hence, Solvay's Days Payable for the three months ended in Dec. 2024 was 71.78.

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

SLVYY' s Days Payable Range Over the Past 10 Years
Min: 60.12 Med: 72.36 Max: 123.68
Current: 71.3

During the past 13 years, Solvay's highest Days Payable was 123.68. The lowest was 60.12. And the median was 72.36.

SLVYY's Days Payable is ranked better than
60.5% of 1509 companies
in the Chemicals industry
Industry Median: 58.5 vs SLVYY: 71.30

Solvay's Days Payable declined from Dec. 2023 (104.07) to Dec. 2024 (71.78). It may suggest that Solvay accelerated paying its suppliers.

Solvay Days Payable Historical Data

The historical data trend for Solvay'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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Solvay Days Payable Chart

Solvay Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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59.85

73.35

127.23

121.10

77.66

Solvay Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															104.07	74.16	68.87	66.88	71.78

Competitive Comparison of Solvay's Days Payable

For the Chemicals subindustry, Solvay'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.

Solvay's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's Days Payable distribution charts can be found below:

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

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Solvay 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.

Solvay's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (926.936	+	848.168)	/	2 )	/	4171.728	*	365
=	887.552					/	4171.728	*	365
=	77.66

Solvay's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (768.036	+	848.168)	/	2 )	/	1027.225	*	365 / 4
=	808.102					/	1027.225	*	365 / 4
=	71.78

Solvay Days Payable Related Terms

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Solvay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solvay SA (OTCPK:SLVYY) » Definitions » Days Payable

Traded in Other Exchanges

SVYSF:USA SOLBb:UK 0NZR:UK SOL0:Germany SOLB:Belgium SOLB:Austria

Address

Rue De Ransbeek, 310, Brussels, BEL, B-1120

Website

https://www.solvay.com

Solvay SA is a Belgium-based producer of chemicals, plastics, and composites. Their five major businesses include soda ash, peroxides, silica, rare earths, and fluorine. The company has a top-three market position for nearly all of its products. Key business segments include Basic Chemicals, Performance Chemicals, and Corporate. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.