DSM Firmenich AG (XAMS:DSFIR) Days Payable : 76.09 (As of Dec. 2023)

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What is DSM Firmenich AG Days Payable?

DSM Firmenich AG's average Accounts Payable for the six months ended in Dec. 2023 was €2,066 Mil. DSM Firmenich AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €4,954 Mil. Hence, DSM Firmenich AG's Days Payable for the six months ended in Dec. 2023 was 76.09.

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

XAMS:DSFIR' s Days Payable Range Over the Past 10 Years
Min: 79.37 Med: 84.99 Max: 90.61
Current: 84.18

During the past 3 years, DSM Firmenich AG's highest Days Payable was 90.61. The lowest was 79.37. And the median was 84.99.

XAMS:DSFIR's Days Payable is ranked better than
77.4% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs XAMS:DSFIR: 84.18

DSM Firmenich AG's Days Payable declined from Dec. 2022 (105.89) to Dec. 2023 (76.09). It may suggest that DSM Firmenich AG accelerated paying its suppliers.

DSM Firmenich AG Days Payable Historical Data

The historical data trend for DSM Firmenich AG'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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DSM Firmenich AG Days Payable Chart

DSM Firmenich AG Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

90.61

79.37

DSM Firmenich AG Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	141.10	105.89	103.56	76.09

Competitive Comparison of DSM Firmenich AG's Days Payable

For the Household & Personal Products subindustry, DSM Firmenich AG'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.

DSM Firmenich AG's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DSM Firmenich AG's Days Payable distribution charts can be found below:

* The bar in red indicates where DSM Firmenich AG's Days Payable falls into.

DSM Firmenich AG 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.

DSM Firmenich AG'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
=	( (1415	+	2071)	/	2 )	/	8016	*	365
=	1743					/	8016	*	365
=	79.37

DSM Firmenich AG's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2060	+	2071)	/	2 )	/	4954	*	365 / 2
=	2065.5					/	4954	*	365 / 2
=	76.09

DSM Firmenich AG Days Payable Related Terms

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DSM Firmenich AG (XAMS:DSFIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DSM Firmenich AG (XAMS:DSFIR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DSFIRa:UK 0AC9:UK ZX6:Germany DSFI:Austria

Address

Wurmisweg 576, Kaiseraugst, CHE, 4303

Website

https://www.dsm-firmenich.com/corporate/home.html

DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

DSM Firmenich AG (XAMS:DSFIR) Headlines

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