Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Days Payable : 91.75 (As of Jun. 2023)

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What is Ashinskiy Metallurgical Works PJSC Days Payable?

Ashinskiy Metallurgical Works PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽8,140 Mil. Ashinskiy Metallurgical Works PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽16,191 Mil. Hence, Ashinskiy Metallurgical Works PJSC's Days Payable for the six months ended in Jun. 2023 was 91.75.

The historical rank and industry rank for Ashinskiy Metallurgical Works PJSC's Days Payable or its related term are showing as below:

MIC:AMEZ' s Days Payable Range Over the Past 10 Years
Min: 23.44 Med: 34.32 Max: 183.5
Current: 183.5

During the past 13 years, Ashinskiy Metallurgical Works PJSC's highest Days Payable was 183.50. The lowest was 23.44. And the median was 34.32.

MIC:AMEZ's Days Payable is ranked better than
94.22% of 588 companies
in the Steel industry
Industry Median: 41.41 vs MIC:AMEZ: 183.50

Ashinskiy Metallurgical Works PJSC's Days Payable increased from Dec. 2021 (39.59) to Jun. 2023 (91.75). It may suggest that Ashinskiy Metallurgical Works PJSC delayed paying its suppliers.

Ashinskiy Metallurgical Works PJSC Days Payable Historical Data

The historical data trend for Ashinskiy Metallurgical Works PJSC'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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Ashinskiy Metallurgical Works PJSC Days Payable Chart

Ashinskiy Metallurgical Works PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

33.13

28.55

23.66

25.26

23.44

Ashinskiy Metallurgical Works PJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial															31.58	39.27	39.59	25.79	91.75

Competitive Comparison of Ashinskiy Metallurgical Works PJSC's Days Payable

For the Steel subindustry, Ashinskiy Metallurgical Works PJSC'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.

Ashinskiy Metallurgical Works PJSC's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashinskiy Metallurgical Works PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Ashinskiy Metallurgical Works PJSC's Days Payable falls into.

Ashinskiy Metallurgical Works PJSC 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.

Ashinskiy Metallurgical Works PJSC's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1429.454	+	2090.432)	/	2 )	/	27402.87	*	365
=	1759.943					/	27402.87	*	365
=	23.44

Ashinskiy Metallurgical Works PJSC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	8140.224)	/	1 )	/	16191.388	*	365 / 2
=	8140.224					/	16191.388	*	365 / 2
=	91.75

Ashinskiy Metallurgical Works PJSC Days Payable Related Terms

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Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Asha city, Mira Street no. 9, Chelyabinsk, RUS, 456010

Website

http://www.amet.ru

Ashinskiy Metallurgical Works PJSC is engaged in the business of producing stainless and carbon steel. The main activity of the company is the production of hot-rolled and cold-rolled sheet (flat) steel, and consumer goods, as well as the production of tapes and magnetic cores at the main production site located in the city of Asha.

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Headlines

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