Agfa-Gevaert NV (XBRU:AGFB) Days Payable : 64.40 (As of Mar. 2024)

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What is Agfa-Gevaert NV Days Payable?

Agfa-Gevaert NV's average Accounts Payable for the three months ended in Mar. 2024 was €123.5 Mil. Agfa-Gevaert NV's Cost of Goods Sold for the three months ended in Mar. 2024 was €175.0 Mil. Hence, Agfa-Gevaert NV's Days Payable for the three months ended in Mar. 2024 was 64.40.

The historical rank and industry rank for Agfa-Gevaert NV's Days Payable or its related term are showing as below:

XBRU:AGFB' s Days Payable Range Over the Past 10 Years
Min: 43.7 Med: 51.37 Max: 79.7
Current: 79.7

During the past 13 years, Agfa-Gevaert NV's highest Days Payable was 79.70. The lowest was 43.70. And the median was 51.37.

XBRU:AGFB's Days Payable is ranked better than
51.94% of 2936 companies
in the Industrial Products industry
Industry Median: 76.415 vs XBRU:AGFB: 79.70

Agfa-Gevaert NV's Days Payable increased from Dec. 2022 (31.73) to Mar. 2024 (64.40). It may suggest that Agfa-Gevaert NV delayed paying its suppliers.

Agfa-Gevaert NV Days Payable Historical Data

The historical data trend for Agfa-Gevaert NV'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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Agfa-Gevaert NV Days Payable Chart

Agfa-Gevaert NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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53.56

59.08

64.59

65.02

68.80

Agfa-Gevaert NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															31.73	92.99	57.03	55.97	64.40

Competitive Comparison of Agfa-Gevaert NV's Days Payable

For the Specialty Industrial Machinery subindustry, Agfa-Gevaert NV'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.

Agfa-Gevaert NV's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Agfa-Gevaert NV's Days Payable falls into.

Agfa-Gevaert NV 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.

Agfa-Gevaert NV's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (252	+	249)	/	2 )	/	1329	*	365
=	250.5					/	1329	*	365
=	68.80

Agfa-Gevaert NV'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (114	+	133)	/	2 )	/	175	*	365 / 4
=	123.5					/	175	*	365 / 4
=	64.40

Agfa-Gevaert NV Days Payable Related Terms

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Agfa-Gevaert NV (XBRU:AGFB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Agfa-Gevaert NV (XBRU:AGFB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AFGVY:USA AFGVF:USA 0MFU:UK AGE:Germany

Address

Septestraat 27, Mortsel, BEL, B-2640

Website

https://www.agfa.com

Agfa-Gevaert NV develops, produces, and distributes a range of analog and digital imaging systems and information technology solutions, for the printing sector, healthcare sector, and specific industrial applications. The company's operating segment includes Offset Solutions; Digital Print and Chemicals; Radiology Solutions and Healthcare IT. It generates maximum revenue from the Offset Solutions segment. The Offset Solutions division is a supplier to the offset printing industry, offering commercial, newspaper, and packaging printers and an extensive range of integrated prepress and printing solutions.

Agfa-Gevaert NV (XBRU:AGFB) Headlines

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