Avantium NV (XAMS:AVTX) Days Payable : 2,110.11 (As of Jun. 2023)

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What is Avantium NV Days Payable?

Avantium NV's average Accounts Payable for the six months ended in Jun. 2023 was €26.93 Mil. Avantium NV's Cost of Goods Sold for the six months ended in Jun. 2023 was €2.33 Mil. Hence, Avantium NV's Days Payable for the six months ended in Jun. 2023 was 2,110.11.

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

XAMS:AVTX' s Days Payable Range Over the Past 10 Years
Min: 130.01 Med: 397.29 Max: 1927.17
Current: 1927.17

During the past 11 years, Avantium NV's highest Days Payable was 1927.17. The lowest was 130.01. And the median was 397.29.

XAMS:AVTX's Days Payable is ranked better than
99.53% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs XAMS:AVTX: 1927.17

Avantium NV's Days Payable increased from Jun. 2022 (1,394.66) to Jun. 2023 (2,110.11). It may suggest that Avantium NV delayed paying its suppliers.

Avantium NV Days Payable Historical Data

The historical data trend for Avantium NV'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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Avantium NV Days Payable Chart

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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378.81

315.22

439.83

397.40

645.87

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial													1,505.85	1,134.25	1,394.66	1,106.46	2,110.11

Competitive Comparison of Avantium NV's Days Payable

For the Specialty Chemicals subindustry, Avantium NV'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.

Avantium NV's Days Payable Distribution in the Chemicals Industry

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

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

Avantium NV 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.

Avantium NV's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.714	+	8.628)	/	2 )	/	3.77	*	365
=	6.671					/	3.77	*	365
=	645.87

Avantium NV's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (8.628	+	45.229)	/	2 )	/	2.329	*	365 / 2
=	26.9285					/	2.329	*	365 / 2
=	2,110.11

Avantium NV Days Payable Related Terms

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Avantium NV (XAMS:AVTX) Business Description

Industry

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Traded in Other Exchanges

AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.