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CF Industries Holdings (FRA:C4F) Days Payable : 26.43 (As of Mar. 2024)


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What is CF Industries Holdings Days Payable?

CF Industries Holdings's average Accounts Payable for the three months ended in Mar. 2024 was €283 Mil. CF Industries Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €976 Mil. Hence, CF Industries Holdings's Days Payable for the three months ended in Mar. 2024 was 26.43.

The historical rank and industry rank for CF Industries Holdings's Days Payable or its related term are showing as below:

FRA:C4F' s Days Payable Range Over the Past 10 Years
Min: 5.93   Med: 9.26   Max: 36.79
Current: 36.79

During the past 13 years, CF Industries Holdings's highest Days Payable was 36.79. The lowest was 5.93. And the median was 9.26.

FRA:C4F's Days Payable is ranked worse than
75.97% of 233 companies
in the Agriculture industry
Industry Median: 78.87 vs FRA:C4F: 36.79

CF Industries Holdings's Days Payable increased from Mar. 2023 (20.48) to Mar. 2024 (26.43). It may suggest that CF Industries Holdings delayed paying its suppliers.


CF Industries Holdings Days Payable Historical Data

The historical data trend for CF Industries Holdings'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.

CF Industries Holdings Days Payable Chart

CF Industries Holdings 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 9.44 9.36 8.31 5.69 7.99

CF Industries Holdings 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 20.48 42.68 47.93 26.52 26.43

Competitive Comparison of CF Industries Holdings's Days Payable

For the Agricultural Inputs subindustry, CF Industries Holdings'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.


CF Industries Holdings's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CF Industries Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where CF Industries Holdings's Days Payable falls into.



CF Industries Holdings 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.

CF Industries Holdings'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
=( (59.472 + 104.538) / 2 ) / 3746.862*365
=82.005 / 3746.862*365
=7.99

CF Industries Holdings'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
=( (104.538 + 460.92) / 2 ) / 976.12*365 / 4
=282.729 / 976.12*365 / 4
=26.43

* 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.


CF Industries Holdings Days Payable Related Terms

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CF Industries Holdings (FRA:C4F) Business Description

Traded in Other Exchanges
Address
4 Parkway North, Suite 400, Deerfield, IL, USA, 60015
CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost U.S. natural gas as its feedstock, making CF one of the lowest-cost nitrogen producers globally. The company is also investing in carbon-free blue and green ammonia, which can be used an alternative fuel to hydrogen or as a means to transport hydrogen.

CF Industries Holdings (FRA:C4F) Headlines

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