Boliden AB (Boliden AB) Days Payable : 60.85 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Boliden AB Days Payable?

Boliden AB's average Accounts Payable for the three months ended in Mar. 2024 was $1,044 Mil. Boliden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,566 Mil. Hence, Boliden AB's Days Payable for the three months ended in Mar. 2024 was 60.85.

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

BDNNY' s Days Payable Range Over the Past 10 Years
Min: 35.65 Med: 46.09 Max: 60.23
Current: 60.23

During the past 13 years, Boliden AB's highest Days Payable was 60.23. The lowest was 35.65. And the median was 46.09.

BDNNY's Days Payable is ranked worse than
69.1% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs BDNNY: 60.23

Boliden AB's Days Payable declined from Mar. 2023 (65.53) to Mar. 2024 (60.85). It may suggest that Boliden AB accelerated paying its suppliers.

Boliden AB Days Payable Historical Data

The historical data trend for Boliden AB'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.

Boliden AB Days Payable Chart

Boliden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

52.80

49.21

52.39

54.51

56.86

Boliden AB 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															65.53	66.07	61.12	52.31	60.85

Competitive Comparison of Boliden AB's Days Payable

For the Other Industrial Metals & Mining subindustry, Boliden AB'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.

Boliden AB's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Boliden AB's Days Payable falls into.

Boliden AB 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.

Boliden AB'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
=	( (995.857	+	1064.089)	/	2 )	/	6611.391	*	365
=	1029.973					/	6611.391	*	365
=	56.86

Boliden AB'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
=	( (1064.089	+	1024.272)	/	2 )	/	1565.895	*	365 / 4
=	1044.1805					/	1565.895	*	365 / 4
=	60.85

Boliden AB Days Payable Related Terms

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

Boliden AB (Boliden AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Boliden AB (OTCPK:BDNNY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BLIDF:USA BOL:Sweden BOLs:UK 0YAL:UK BWJ:Germany

Address

Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20

Website

https://www.boliden.com

Boliden AB operates six mining areas and five smelters in Sweden, Norway, Finland, and Ireland. The company primarily processes zinc, copper, gold, lead, and silver and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: business area smelters and business area mines. The business area mines division comprises six mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti and Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines.