ATI (FRA:ATD) Days Payable : 54.27 (As of Mar. 2024)

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What is ATI Days Payable?

ATI's average Accounts Payable for the three months ended in Mar. 2024 was €463 Mil. ATI's Cost of Goods Sold for the three months ended in Mar. 2024 was €778 Mil. Hence, ATI's Days Payable for the three months ended in Mar. 2024 was 54.27.

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

FRA:ATD' s Days Payable Range Over the Past 10 Years
Min: 42.31 Med: 49.19 Max: 58.36
Current: 51.04

During the past 13 years, ATI's highest Days Payable was 58.36. The lowest was 42.31. And the median was 49.19.

FRA:ATD's Days Payable is ranked worse than
69.15% of 2927 companies
in the Industrial Products industry
Industry Median: 76.43 vs FRA:ATD: 51.04

ATI's Days Payable declined from Mar. 2023 (54.36) to Mar. 2024 (54.27). It may suggest that ATI accelerated paying its suppliers.

ATI Days Payable Historical Data

The historical data trend for ATI'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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ATI Days Payable Chart

ATI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.81

58.45

47.75

52.93

59.25

ATI 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															54.36	50.18	49.18	51.52	54.27

Competitive Comparison of ATI's Days Payable

For the Metal Fabrication subindustry, ATI'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.

ATI's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATI's Days Payable distribution charts can be found below:

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

ATI 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.

ATI'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
=	( (522.315	+	481.242)	/	2 )	/	3091.299	*	365
=	501.7785					/	3091.299	*	365
=	59.25

ATI'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
=	( (481.242	+	443.992)	/	2 )	/	777.86	*	365 / 4
=	462.617					/	777.86	*	365 / 4
=	54.27

ATI Days Payable Related Terms

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ATI (FRA:ATD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ATI Inc (FRA:ATD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ATI:USA ATD:Germany

Address

2021 McKinney Avenue, Dallas, TX, USA, 75201

Website

https://www.atimaterials.com

ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the Advanced Alloys and Solutions segment. The AA&S segment is focused on delivering high-value flat products, Other important end markets for AA&S include automotive & electronics. AA&S produces nickel-based alloys, titanium & titanium-based alloys, & specialty alloys in a variety of forms including plate, sheet, and strip products. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada and Others, the majority is from the United States.

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