Metalico (FRA:MT5) Days Payable : 10.44 (As of Jun. 2015)

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What is Metalico Days Payable?

Metalico's average Accounts Payable for the three months ended in Jun. 2015 was €7.5 Mil. Metalico's Cost of Goods Sold for the three months ended in Jun. 2015 was €65.7 Mil. Hence, Metalico's Days Payable for the three months ended in Jun. 2015 was 10.44.

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

FRA:MT5' s Days Payable Range Over the Past 10 Years
Min: 5.25 Med: 14.42 Max: 25.18
Current: 7.52

During the past 13 years, Metalico's highest Days Payable was 25.18. The lowest was 5.25. And the median was 14.42.

FRA:MT5's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.55 vs FRA:MT5: 7.52

Metalico's Days Payable declined from Jun. 2014 (16.08) to Jun. 2015 (10.44). It may suggest that Metalico accelerated paying its suppliers.

Metalico Days Payable Historical Data

The historical data trend for Metalico'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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Metalico Days Payable Chart

Metalico Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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11.38

12.59

15.04

14.33

10.14

Metalico Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Days Payable	Get a 7-Day Free Trial															16.08	15.65	13.97	10.67	10.44

Competitive Comparison of Metalico's Days Payable

For the Metal Fabrication subindustry, Metalico'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.

Metalico's Days Payable Distribution in the Industrial Products Industry

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

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

Metalico 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.

Metalico's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (11.808	+	8.219)	/	2 )	/	360.388	*	365
=	10.0135					/	360.388	*	365
=	10.14

Metalico's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

	Days Payable (Q: Jun. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2015 )	+	Accounts Payable (Q: Jun. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
=	( (8.294	+	6.741)	/	2 )	/	65.716	*	365 / 4
=	7.5175					/	65.716	*	365 / 4
=	10.44

Metalico Days Payable Related Terms

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Metalico (FRA:MT5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Metalico Inc (FRA:MT5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.metalico.com

Metalico Inc was originally organized as a Delaware corporation in August 1997. The Company along with its subsidiaries operates in two distinct business segments; scrap metal recycling and lead metal product fabricating. The Companys operating facilities include thirty-one scrap metal recycling facilities, including a combined aluminum de-oxidizing plant and four lead product manufacturing and fabricating plants. In the Scrap Metal Recycling segment, its operations mainly involves the collection and processing of ferrous and non-ferrous metals. It collects industrial and obsolete scrap metal, process it into reusable forms and supply the recycled metals to its consumers that include electric arc furnace mills, integrated steel mills, foundries, secondary smelters, aluminum recyclers and metal brokers. The Company acquires unprocessed scrap metals mainly in its local and regional markets and sells to consumers nationally and in Canada as well as to exporters and international brokers. Some of the metal commodities it recycles include steel, copper, aluminum, stainless steel, molybdenum, tantalum, platinum, lead and many others. In Lead Fabricating segment, through four physical operations located in three states, the Company consumes approximately 40 to 45 million pounds of lead metal per year that are utilized in more than one hundred different base products. Its products are sold nationally into diverse industries such as roofing, plumbing, radiation shielding for pharmaceutical and power generation, electronic solders, ammunition, automotive, Department of Defense contractors, and others. The Company sells its lead fabrications nationally. Products are sold to distributors, wholesalers, the plumbing and building trades, equipment manufacturers and other consumers. Its lead fabrication facilities compete against two fabricators of similar, but limited products based in the Southwest who distribute nationally and several smaller regional producers of similar products. To a lesser extent, it also competes against products imported from South America, Canada, Europe and Asia. The Company is subject to comprehensive and frequently changing Federal, state and local laws and regulations.

Metalico (FRA:MT5) Headlines

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