ZBM ZREMB-Chojnice (WAR:ZRE) Days Payable : 51.22 (As of Mar. 2024)

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What is ZBM ZREMB-Chojnice Days Payable?

ZBM ZREMB-Chojnice's average Accounts Payable for the three months ended in Mar. 2024 was zł4.24 Mil. ZBM ZREMB-Chojnice's Cost of Goods Sold for the three months ended in Mar. 2024 was zł7.55 Mil. Hence, ZBM ZREMB-Chojnice's Days Payable for the three months ended in Mar. 2024 was 51.22.

The historical rank and industry rank for ZBM ZREMB-Chojnice's Days Payable or its related term are showing as below:

WAR:ZRE' s Days Payable Range Over the Past 10 Years
Min: 42.54 Med: 80.14 Max: 353.8
Current: 42.54

During the past 13 years, ZBM ZREMB-Chojnice's highest Days Payable was 353.80. The lowest was 42.54. And the median was 80.14.

WAR:ZRE's Days Payable is ranked better than
50.51% of 584 companies
in the Steel industry
Industry Median: 41.56 vs WAR:ZRE: 42.54

ZBM ZREMB-Chojnice's Days Payable declined from Mar. 2023 (77.10) to Mar. 2024 (51.22). It may suggest that ZBM ZREMB-Chojnice accelerated paying its suppliers.

ZBM ZREMB-Chojnice Days Payable Historical Data

The historical data trend for ZBM ZREMB-Chojnice'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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ZBM ZREMB-Chojnice Days Payable Chart

ZBM ZREMB-Chojnice Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

77.16

81.37

73.17

78.90

64.18

ZBM ZREMB-Chojnice Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															77.10	24.89	57.54	61.63	51.22

Competitive Comparison of ZBM ZREMB-Chojnice's Days Payable

For the Steel subindustry, ZBM ZREMB-Chojnice'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.

ZBM ZREMB-Chojnice's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZBM ZREMB-Chojnice's Days Payable distribution charts can be found below:

* The bar in red indicates where ZBM ZREMB-Chojnice's Days Payable falls into.

ZBM ZREMB-Chojnice 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.

ZBM ZREMB-Chojnice'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
=	( (5.471	+	4.105)	/	2 )	/	27.231	*	365
=	4.788					/	27.231	*	365
=	64.18

ZBM ZREMB-Chojnice'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
=	( (4.105	+	4.373)	/	2 )	/	7.552	*	365 / 4
=	4.239					/	7.552	*	365 / 4
=	51.22

ZBM ZREMB-Chojnice Days Payable Related Terms

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ZBM ZREMB-Chojnice (WAR:ZRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZBM ZREMB-Chojnice SA (WAR:ZRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Przemyslowa 15, Chojnice, POL, 89-600

Website

http://www.zremb-ch.com.pl

ZBM ZREMB-Chojnice SA is a producer of steel constructions and containers. The company produces containers for shipping and drilling platforms; basket containers for transportation of equipment to drilling platforms, Mini-Mud freight containers for transportation of equipment and food to drilling platform, Borekaks containers for the transportation of waste material, Specialist containers for machine shops, compression shops, generators, Containers and platforms for the Army, Containers for radioactive waste and Steel roof constructions and frames for glazed facades. Its products include reinforced ceiling military containers, field containers, 3IN1 and 2IN1 container, off-shore container, baskets, and mudskips.

ZBM ZREMB-Chojnice (WAR:ZRE) Headlines

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