Cemacon (BSE:CEON) Days Payable : 182.72 (As of Dec. 2023)

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What is Cemacon Days Payable?

Cemacon's average Accounts Payable for the three months ended in Dec. 2023 was lei16.4 Mil. Cemacon's Cost of Goods Sold for the three months ended in Dec. 2023 was lei8.2 Mil. Hence, Cemacon's Days Payable for the three months ended in Dec. 2023 was 182.72.

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

BSE:CEON' s Days Payable Range Over the Past 10 Years
Min: 123.74 Med: 233.23 Max: 385.69
Current: 231.92

During the past 13 years, Cemacon's highest Days Payable was 385.69. The lowest was 123.74. And the median was 233.23.

BSE:CEON's Days Payable is ranked better than
90.3% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs BSE:CEON: 231.92

Cemacon's Days Payable declined from Dec. 2022 (281.95) to Dec. 2023 (182.72). It may suggest that Cemacon accelerated paying its suppliers.

Cemacon Days Payable Historical Data

The historical data trend for Cemacon'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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Cemacon Days Payable Chart

Cemacon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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189.80

264.45

349.56

325.95

264.21

Cemacon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															281.95	269.84	392.24	179.96	182.72

Competitive Comparison of Cemacon's Days Payable

For the Building Materials subindustry, Cemacon'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.

Cemacon's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemacon's Days Payable distribution charts can be found below:

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

Cemacon 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.

Cemacon'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
=	( (17.18	+	15.774)	/	2 )	/	22.763	*	365
=	16.477					/	22.763	*	365
=	264.21

Cemacon's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16.941	+	15.774)	/	2 )	/	8.169	*	365 / 4
=	16.3575					/	8.169	*	365 / 4
=	182.72

Cemacon Days Payable Related Terms

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Cemacon (BSE:CEON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemacon SA (BSE:CEON) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 178K, Calea Turzii Street, Hexagon Offices, 1st Floor, Cluj county, Cluj-Napoca, ROU

Website

https://www.cemacon.ro

Cemacon SA is engaged in manufacturing and selling baked clay masonry elements, with use in construction and civil engineering. The company's products are exterior and interior load-bearing masonry, exterior and interior non-bearing masonry, ventilation element, cemacon lintel, chimney system and others.

Cemacon (BSE:CEON) Headlines

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