LafargeHolcim Maroc (CAS:LHM) Days Payable : 114.69 (As of Dec. 2023)

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What is LafargeHolcim Maroc Days Payable?

LafargeHolcim Maroc's average Accounts Payable for the six months ended in Dec. 2023 was MAD833 Mil. LafargeHolcim Maroc's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD1,325 Mil. Hence, LafargeHolcim Maroc's Days Payable for the six months ended in Dec. 2023 was 114.69.

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

CAS:LHM' s Days Payable Range Over the Past 10 Years
Min: 108.96 Med: 138.43 Max: 159.55
Current: 108.96

During the past 13 years, LafargeHolcim Maroc's highest Days Payable was 159.55. The lowest was 108.96. And the median was 138.43.

CAS:LHM's Days Payable is ranked better than
72.78% of 371 companies
in the Building Materials industry
Industry Median: 66.44 vs CAS:LHM: 108.96

LafargeHolcim Maroc's Days Payable increased from Dec. 2022 (111.60) to Dec. 2023 (114.69). It may suggest that LafargeHolcim Maroc delayed paying its suppliers.

LafargeHolcim Maroc Days Payable Historical Data

The historical data trend for LafargeHolcim Maroc'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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LafargeHolcim Maroc Days Payable Chart

LafargeHolcim Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

134.57

159.55

126.67

110.80

112.02

LafargeHolcim Maroc Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															120.87	112.04	111.60	100.87	114.69

Competitive Comparison of LafargeHolcim Maroc's Days Payable

For the Building Materials subindustry, LafargeHolcim Maroc'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.

LafargeHolcim Maroc's Days Payable Distribution in the Building Materials Industry

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

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

LafargeHolcim Maroc 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.

LafargeHolcim Maroc'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
=	( (831.699	+	879.883)	/	2 )	/	2788.543	*	365
=	855.791					/	2788.543	*	365
=	112.02

LafargeHolcim Maroc'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (785.808	+	879.883)	/	2 )	/	1325.291	*	365 / 2
=	832.8455					/	1325.291	*	365 / 2
=	114.69

LafargeHolcim Maroc Days Payable Related Terms

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LafargeHolcim Maroc (CAS:LHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » LafargeHolcim Maroc SA (CAS:LHM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150

Website

http://www.lafarge.ma

LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.

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