Tessenderlo Group NV (XBRU:TESB) Days Payable : 66.31 (As of Dec. 2023)

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What is Tessenderlo Group NV Days Payable?

Tessenderlo Group NV's average Accounts Payable for the six months ended in Dec. 2023 was €392 Mil. Tessenderlo Group NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,079 Mil. Hence, Tessenderlo Group NV's Days Payable for the six months ended in Dec. 2023 was 66.31.

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

XBRU:TESB' s Days Payable Range Over the Past 10 Years
Min: 41.05 Med: 48.15 Max: 54.24
Current: 54.24

During the past 13 years, Tessenderlo Group NV's highest Days Payable was 54.24. The lowest was 41.05. And the median was 48.15.

XBRU:TESB's Days Payable is ranked worse than
66.09% of 233 companies
in the Agriculture industry
Industry Median: 78.87 vs XBRU:TESB: 54.24

Tessenderlo Group NV's Days Payable increased from Dec. 2022 (64.77) to Dec. 2023 (66.31). It may suggest that Tessenderlo Group NV delayed paying its suppliers.

Tessenderlo Group NV Days Payable Historical Data

The historical data trend for Tessenderlo Group 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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Tessenderlo Group NV Days Payable Chart

Tessenderlo Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.80

49.21

50.50

49.51

41.05

Tessenderlo Group NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															63.60	59.82	64.77	56.28	66.31

Competitive Comparison of Tessenderlo Group NV's Days Payable

For the Agricultural Inputs subindustry, Tessenderlo Group 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.

Tessenderlo Group NV's Days Payable Distribution in the Agriculture Industry

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

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

Tessenderlo Group 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.

Tessenderlo Group NV'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
=	( (272.8	+	260.3)	/	2 )	/	2370.1	*	365
=	266.55					/	2370.1	*	365
=	41.05

Tessenderlo Group NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (523.6	+	260.3)	/	2 )	/	1078.8	*	365 / 2
=	391.95					/	1078.8	*	365 / 2
=	66.31

Tessenderlo Group NV Days Payable Related Terms

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Tessenderlo Group NV (XBRU:TESB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (XBRU:TESB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0KCP:UK TEZ:Germany

Address

Troonstraat 130 Rue du Trone, Brussels, BEL, 1050

Website

https://www.tessenderlo.com

Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.

Tessenderlo Group NV (XBRU:TESB) Headlines

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