A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Days Payable : 13.86 (As of Dec. 2023)

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What is A. P. Moller Maersk A/S Days Payable?

A. P. Moller Maersk A/S's average Accounts Payable for the three months ended in Dec. 2023 was $6,401 Mil. A. P. Moller Maersk A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was $42,156 Mil. Hence, A. P. Moller Maersk A/S's Days Payable for the three months ended in Dec. 2023 was 13.86.

The historical rank and industry rank for A. P. Moller Maersk A/S's Days Payable or its related term are showing as below:

AMKAF' s Days Payable Range Over the Past 10 Years
Min: 44.91 Med: 49.88 Max: 66.81
Current: 53.5

During the past 13 years, A. P. Moller Maersk A/S's highest Days Payable was 66.81. The lowest was 44.91. And the median was 49.88.

AMKAF's Days Payable is ranked better than
64.48% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs AMKAF: 53.50

A. P. Moller Maersk A/S's Days Payable increased from Dec. 2022 (13.60) to Dec. 2023 (13.86). It may suggest that A. P. Moller Maersk A/S delayed paying its suppliers.

A. P. Moller Maersk A/S Days Payable Historical Data

The historical data trend for A. P. Moller Maersk A/S'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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A. P. Moller Maersk A/S Days Payable Chart

A. P. Moller Maersk A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.83

54.82

49.55

47.42

51.07

A. P. Moller Maersk A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															13.60	330.25	-	-	13.86

Competitive Comparison of A. P. Moller Maersk A/S's Days Payable

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Days Payable falls into.

A. P. Moller Maersk A/S 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.

A. P. Moller Maersk A/S'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
=	( (6804	+	6401)	/	2 )	/	47191	*	365
=	6602.5					/	47191	*	365
=	51.07

A. P. Moller Maersk A/S'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	6401)	/	1 )	/	42156	*	365 / 4
=	6401					/	42156	*	365 / 4
=	13.86

A. P. Moller Maersk A/S Days Payable Related Terms

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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A. P. Moller Maersk A/S (OTCPK:AMKAF) » Definitions » Days Payable

Traded in Other Exchanges

AMKBY:USA AMKBF:USA MAERBc:UK MAERAc:UK 0O77:UK 0O76:UK MAERSK B:Denmark MAERSK A:Denmark DP4H:Germany MRSA:Austria

Address

Esplanaden 50, Copenhagen, DNK, DK-1098

Website

https://www.maersk.com

A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

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