Akzo Nobel NV (XAMS:AKZA) Days Payable : 153.00 (As of Mar. 2024)

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What is Akzo Nobel NV Days Payable?

Akzo Nobel NV's average Accounts Payable for the three months ended in Mar. 2024 was €2,604 Mil. Akzo Nobel NV's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,553 Mil. Hence, Akzo Nobel NV's Days Payable for the three months ended in Mar. 2024 was 153.00.

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

XAMS:AKZA' s Days Payable Range Over the Past 10 Years
Min: 94.68 Med: 135.93 Max: 171.69
Current: 158.46

During the past 13 years, Akzo Nobel NV's highest Days Payable was 171.69. The lowest was 94.68. And the median was 135.93.

XAMS:AKZA's Days Payable is ranked better than
90.17% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs XAMS:AKZA: 158.46

Akzo Nobel NV's Days Payable increased from Mar. 2023 (133.69) to Mar. 2024 (153.00). It may suggest that Akzo Nobel NV delayed paying its suppliers.

Akzo Nobel NV Days Payable Historical Data

The historical data trend for Akzo Nobel 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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Akzo Nobel NV Days Payable Chart

Akzo Nobel NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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136.24

150.58

141.56

120.79

128.15

Akzo Nobel 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															133.69	154.46	163.20	159.76	153.00

Competitive Comparison of Akzo Nobel NV's Days Payable

For the Specialty Chemicals subindustry, Akzo Nobel 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.

Akzo Nobel NV's Days Payable Distribution in the Chemicals Industry

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

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

Akzo Nobel 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.

Akzo Nobel 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
=	( (2206	+	2312)	/	2 )	/	6434	*	365
=	2259					/	6434	*	365
=	128.15

Akzo Nobel 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
=	( (2312	+	2896)	/	2 )	/	1553	*	365 / 4
=	2604					/	1553	*	365 / 4
=	153.00

Akzo Nobel NV Days Payable Related Terms

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Akzo Nobel NV (XAMS:AKZA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (XAMS:AKZA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AKZOY:USA AKZOF:USA AKZAa:UK 0LND:UK AKU1:Germany AKZO:Austria

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV (XAMS:AKZA) Headlines

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