Jacquet Metals (XPAR:JCQ) Days Payable : 54.61 (As of Dec. 2023)

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What is Jacquet Metals Days Payable?

Jacquet Metals's average Accounts Payable for the three months ended in Dec. 2023 was €219 Mil. Jacquet Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was €365 Mil. Hence, Jacquet Metals's Days Payable for the three months ended in Dec. 2023 was 54.61.

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

XPAR:JCQ' s Days Payable Range Over the Past 10 Years
Min: 48.14 Med: 57.47 Max: 65.8
Current: 54.28

During the past 13 years, Jacquet Metals's highest Days Payable was 65.80. The lowest was 48.14. And the median was 57.47.

XPAR:JCQ's Days Payable is ranked better than
59.86% of 583 companies
in the Steel industry
Industry Median: 41.52 vs XPAR:JCQ: 54.28

Jacquet Metals's Days Payable declined from Dec. 2022 (58.74) to Dec. 2023 (54.61). It may suggest that Jacquet Metals accelerated paying its suppliers.

Jacquet Metals Days Payable Historical Data

The historical data trend for Jacquet Metals'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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Jacquet Metals Days Payable Chart

Jacquet Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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59.70

61.41

56.59

48.14

49.00

Jacquet Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															58.74	48.70	59.82	60.53	54.61

Competitive Comparison of Jacquet Metals's Days Payable

For the Steel subindustry, Jacquet Metals'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.

Jacquet Metals's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jacquet Metals's Days Payable distribution charts can be found below:

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

Jacquet Metals 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.

Jacquet Metals'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
=	( (251.609	+	218.222)	/	2 )	/	1749.877	*	365
=	234.9155					/	1749.877	*	365
=	49.00

Jacquet Metals'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (219	+	218.222)	/	2 )	/	365.311	*	365 / 4
=	218.611					/	365.311	*	365 / 4
=	54.61

Jacquet Metals Days Payable Related Terms

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Jacquet Metals (XPAR:JCQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jacquet Metals (XPAR:JCQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0IN3:UK I43:Germany

Address

7, rue Michel Jacquet, Saint-Priest, FRA, 69802

Website

http://www.jacquetmetals.com

Jacquet Metals is engaged in the business of distributing special steels in China and North America. The product lines consist of Jacquet, which involves Quarto stainless steel sheets and nickel alloys; Stappert, consists of long products in stainless steels and IMS Group, which consists of carbon steels, alloys, stainless steels for mechanics and tool steels. The products are used in agro-food, energy, chemicals and petrochemicals, paper industry, mines and quarries, public works, steel, shipbuilding, agricultural equipment, general mechanics, recycling, desalination of seawater for agriculture, wastewater treatment purposes.

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