Celulosa Argentina (BUE:CELU) Days Payable : 53.57 (As of Feb. 2024)

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What is Celulosa Argentina Days Payable?

Celulosa Argentina's average Accounts Payable for the three months ended in Feb. 2024 was ARS25,682 Mil. Celulosa Argentina's Cost of Goods Sold for the three months ended in Feb. 2024 was ARS43,745 Mil. Hence, Celulosa Argentina's Days Payable for the three months ended in Feb. 2024 was 53.57.

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

BUE:CELU' s Days Payable Range Over the Past 10 Years
Min: 61.35 Med: 77.32 Max: 589.65
Current: 589.65

During the past 13 years, Celulosa Argentina's highest Days Payable was 589.65. The lowest was 61.35. And the median was 77.32.

BUE:CELU's Days Payable is ranked better than
99.29% of 280 companies
in the Forest Products industry
Industry Median: 56.605 vs BUE:CELU: 589.65

Celulosa Argentina's Days Payable increased from Feb. 2023 (17.07) to Feb. 2024 (53.57). It may suggest that Celulosa Argentina delayed paying its suppliers.

Celulosa Argentina Days Payable Historical Data

The historical data trend for Celulosa Argentina'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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Celulosa Argentina Days Payable Chart

Celulosa Argentina Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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71.79

79.06

83.03

61.35

71.54

Celulosa Argentina Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															17.07	-	60.72	53.03	53.57

Competitive Comparison of Celulosa Argentina's Days Payable

For the Paper & Paper Products subindustry, Celulosa Argentina'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.

Celulosa Argentina's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Celulosa Argentina's Days Payable distribution charts can be found below:

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

Celulosa Argentina 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.

Celulosa Argentina's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (14953.129	+	12304.147)	/	2 )	/	69535.274	*	365
=	13628.638					/	69535.274	*	365
=	71.54

Celulosa Argentina's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (16631.023	+	34732.765)	/	2 )	/	43745.418	*	365 / 4
=	25681.894					/	43745.418	*	365 / 4
=	53.57

Celulosa Argentina Days Payable Related Terms

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Celulosa Argentina (BUE:CELU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Celulosa Argentina SA (BUE:CELU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR

Website

http://www.celulosaargentina.com.ar

Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.