ABB (MEX:ABBN) Days Payable : 89.97 (As of Sep. 2024)

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What is ABB Days Payable?

ABB's average Accounts Payable for the three months ended in Sep. 2024 was MXN97,751 Mil. ABB's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN99,141 Mil. Hence, ABB's Days Payable for the three months ended in Sep. 2024 was 89.97.

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

MEX:ABBN' s Days Payable Range Over the Past 10 Years
Min: 60.25 Med: 87.51 Max: 93.82
Current: 89.59

During the past 13 years, ABB's highest Days Payable was 93.82. The lowest was 60.25. And the median was 87.51.

MEX:ABBN's Days Payable is ranked better than
58.35% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs MEX:ABBN: 89.59

ABB's Days Payable increased from Sep. 2023 (83.97) to Sep. 2024 (89.97). It may suggest that ABB delayed paying its suppliers.

ABB Days Payable Historical Data

The historical data trend for ABB'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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ABB Days Payable Chart

ABB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.73

86.95

87.64

93.23

90.98

ABB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															83.97	82.42	92.22	87.05	89.97

Competitive Comparison of ABB's Days Payable

For the Electrical Equipment & Parts subindustry, ABB'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.

ABB's Days Payable Distribution in the Industrial Products Industry

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

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

ABB 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.

ABB'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
=	( (95608.384	+	82274.18)	/	2 )	/	356815.667	*	365
=	88941.282					/	356815.667	*	365
=	90.98

ABB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (93762.287	+	101739.78)	/	2 )	/	99140.66	*	365 / 4
=	97751.0335					/	99140.66	*	365 / 4
=	89.97

ABB Days Payable Related Terms

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ABB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB Ltd (MEX:ABBN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ABLZF:USA ABBNY:USA ABB:Sweden 0A6W:UK ABBNz:UK 0NX2:UK ABJA:Germany ABJA:Germany ABBNE:Switzerland ABBN:Switzerland

Address

Affolternstrasse 44, Zurich, CHE, 8050

Website

https://www.abb.com

ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 19 business divisions. ABB is the number one or two supplier in two thirds of its product segments.

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