Randstad NV (Randstad NV) Days Payable : 48.38 (As of Mar. 2024)

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What is Randstad NV Days Payable?

Randstad NV's average Accounts Payable for the three months ended in Mar. 2024 was $2,732 Mil. Randstad NV's Cost of Goods Sold for the three months ended in Mar. 2024 was $5,153 Mil. Hence, Randstad NV's Days Payable for the three months ended in Mar. 2024 was 48.38.

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

RANJY' s Days Payable Range Over the Past 10 Years
Min: 6.51 Med: 12.63 Max: 66.23
Current: 66.23

During the past 13 years, Randstad NV's highest Days Payable was 66.23. The lowest was 6.51. And the median was 12.63.

RANJY's Days Payable is ranked better than
62.24% of 927 companies
in the Business Services industry
Industry Median: 47.14 vs RANJY: 66.23

Randstad NV's Days Payable increased from Mar. 2023 (45.66) to Mar. 2024 (48.38). It may suggest that Randstad NV delayed paying its suppliers.

Randstad NV Days Payable Historical Data

The historical data trend for Randstad 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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Randstad NV Days Payable Chart

Randstad NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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12.29

12.32

12.68

14.50

15.26

Randstad NV 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															45.66	76.31	79.55	46.54	48.38

Competitive Comparison of Randstad NV's Days Payable

For the Staffing & Employment Services subindustry, Randstad 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.

Randstad NV's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Randstad NV's Days Payable distribution charts can be found below:

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

Randstad 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.

Randstad 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
=	( (925.847	+	911.668)	/	2 )	/	21971.647	*	365
=	918.7575					/	21971.647	*	365
=	15.26

Randstad NV'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
=	( (911.668	+	4553.261)	/	2 )	/	5153.261	*	365 / 4
=	2732.4645					/	5153.261	*	365 / 4
=	48.38

Randstad NV Days Payable Related Terms

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

Randstad NV (Randstad NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Randstad NV (OTCPK:RANJY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RANJF:USA RAND:Netherlands RANDa:UK 0NW2:UK RSH:Germany RAND:Austria

Address

Diemermere 25, Diemen, NH, NLD, 1112 TC

Website

https://www.randstad.com

Randstad NV is engaged in the HR services industry. The company is the largest HR services provider and is driven to become the most valued working life partner, supporting as many people as possible in realizing their true potential throughout their working lives. The company provides companies with high-quality, diverse, and agile workforces as per need while helping people get rewarding jobs and stay relevant in the ever-changing world of work.

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