Mersen (STU:CBE) Days Payable : 38.05 (As of Jun. 2024)

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What is Mersen Days Payable?

Mersen's average Accounts Payable for the six months ended in Jun. 2024 was €88 Mil. Mersen's Cost of Goods Sold for the six months ended in Jun. 2024 was €421 Mil. Hence, Mersen's Days Payable for the six months ended in Jun. 2024 was 38.05.

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

STU:CBE' s Days Payable Range Over the Past 10 Years
Min: 35.52 Med: 38.77 Max: 43.23
Current: 39.53

During the past 13 years, Mersen's highest Days Payable was 43.23. The lowest was 35.52. And the median was 38.77.

STU:CBE's Days Payable is ranked worse than
79.35% of 2930 companies
in the Industrial Products industry
Industry Median: 75.76 vs STU:CBE: 39.53

Mersen's Days Payable declined from Jun. 2023 (40.24) to Jun. 2024 (38.05). It may suggest that Mersen accelerated paying its suppliers.

Mersen Days Payable Historical Data

The historical data trend for Mersen'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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Mersen Days Payable Chart

Mersen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.17

35.76

35.52

36.58

37.67

Mersen Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															38.31	38.39	40.24	39.61	38.05

Competitive Comparison of Mersen's Days Payable

For the Electrical Equipment & Parts subindustry, Mersen'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.

Mersen's Days Payable Distribution in the Industrial Products Industry

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

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

Mersen 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.

Mersen'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
=	( (86.6	+	83.8)	/	2 )	/	825.5	*	365
=	85.2					/	825.5	*	365
=	37.67

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

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (83.8	+	91.6)	/	2 )	/	420.6	*	365 / 2
=	87.7					/	420.6	*	365 / 2
=	38.05

Mersen Days Payable Related Terms

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Mersen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mersen SA (STU:CBE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CBLNF:USA MRNp:UK 0Q6Q:UK MRN:France

Address

Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400

Website

https://www.mersen.com

Mersen SA manufactures and sells electrical power products and Advanced materials in France, North America, the rest of Europe, the Asia-Pacific, and internationally. The business activity of the group functions through the Advanced Materials segment and Electrical Power segment. The Advanced Materials segment brings the businesses related to carbon materials - graphite specialties for high-temperature applications, anti-corrosion equipment designed primarily for chemicals and power transmission technologies, whereas the Electrical Power segment brings the businesses related to the electrical market - namely Solutions for Power Management and electrical protection and control, primarily fuses, industrial fuse holders, and surge protection solutions.

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