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ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Days Payable : 54.81 (As of Dec. 2020)


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What is ArcelorMittal Kryviy Rih PJSC Days Payable?

ArcelorMittal Kryviy Rih PJSC's average Accounts Payable for the six months ended in Dec. 2020 was ₴8,802 Mil. ArcelorMittal Kryviy Rih PJSC's Cost of Goods Sold for the six months ended in Dec. 2020 was ₴58,618 Mil. Hence, ArcelorMittal Kryviy Rih PJSC's Days Payable for the six months ended in Dec. 2020 was 27.40.

The historical rank and industry rank for ArcelorMittal Kryviy Rih PJSC's Days Payable or its related term are showing as below:

UKEX:KSTL's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.52
* Ranked among companies with meaningful Days Payable only.

ArcelorMittal Kryviy Rih PJSC's Days Payable declined from Dec. 2018 (63.17) to Dec. 2020 (54.81). It may suggest that ArcelorMittal Kryviy Rih PJSC accelerated paying its suppliers.


ArcelorMittal Kryviy Rih PJSC Days Payable Historical Data

The historical data trend for ArcelorMittal Kryviy Rih 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.

* Premium members only.

ArcelorMittal Kryviy Rih PJSC Days Payable Chart

ArcelorMittal Kryviy Rih PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.09 54.23 63.17 56.90 54.81

ArcelorMittal Kryviy Rih PJSC Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.09 54.23 63.17 56.90 54.81

Competitive Comparison of ArcelorMittal Kryviy Rih PJSC's Days Payable

For the Steel subindustry, ArcelorMittal Kryviy Rih 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.


ArcelorMittal Kryviy Rih PJSC's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal Kryviy Rih PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where ArcelorMittal Kryviy Rih PJSC's Days Payable falls into.



ArcelorMittal Kryviy Rih 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.

ArcelorMittal Kryviy Rih PJSC's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (9700.518 + 7902.675) / 2 ) / 58618.308*365
=8801.5965 / 58618.308*365
=54.81

ArcelorMittal Kryviy Rih PJSC's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (9700.518 + 7902.675) / 2 ) / 58618.308*365 / 2
=8801.5965 / 58618.308*365 / 2
=27.40

* 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.


ArcelorMittal Kryviy Rih PJSC Days Payable Related Terms

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ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Business Description

Traded in Other Exchanges
N/A
Address
Street Ordzhonikidze, 1, Krivoy Rog, Dnipropetrovsk, UKR, 50095
ArcelorMittal Kryviy Rih PJSC is engaged in two business segments: mining and steel. The mining segment includes divisions of the Company engaged in the extraction and processing of iron ore raw materials, namely: mine management of underground ore mining and mining and processing complex. The steel segment includes the Company's divisions related to the production of steel products, namely coke and steel production. The main products of the steel are steel billets, fittings, wire rod, and others.

ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Headlines

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