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Basf SE (Basf SE) Days Payable : 48.69 (As of Mar. 2024)


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What is Basf SE Days Payable?

Basf SE's average Accounts Payable for the three months ended in Mar. 2024 was $7,310 Mil. Basf SE's Cost of Goods Sold for the three months ended in Mar. 2024 was $13,700 Mil. Hence, Basf SE's Days Payable for the three months ended in Mar. 2024 was 48.69.

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

BASFY' s Days Payable Range Over the Past 10 Years
Min: 31.55   Med: 42.48   Max: 53.05
Current: 47.51

During the past 13 years, Basf SE's highest Days Payable was 53.05. The lowest was 31.55. And the median was 42.48.

BASFY's Days Payable is ranked worse than
62.92% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs BASFY: 47.51

Basf SE's Days Payable increased from Mar. 2023 (48.24) to Mar. 2024 (48.69). It may suggest that Basf SE delayed paying its suppliers.


Basf SE Days Payable Historical Data

The historical data trend for Basf SE'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.

Basf SE Days Payable Chart

Basf SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.79 41.18 41.97 46.22 52.21

Basf SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.24 45.65 45.16 46.93 48.69

Competitive Comparison of Basf SE's Days Payable

For the Chemicals subindustry, Basf SE'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.


Basf SE's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Basf SE's Days Payable falls into.



Basf SE 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.

Basf SE'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
=( (8934.322 + 7351.145) / 2 ) / 56924.755*365
=8142.7335 / 56924.755*365
=52.21

Basf SE'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
=( (7351.145 + 7268.478) / 2 ) / 13700*365 / 4
=7309.8115 / 13700*365 / 4
=48.69

* 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.


Basf SE Days Payable Related Terms

Thank you for viewing the detailed overview of Basf SE's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Basf SE (Basf SE) Business Description

Address
Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.