Afyren (XPAR:ALAFY) Days Payable : 52.76 (As of Dec. 2023)

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What is Afyren Days Payable?

Afyren's average Accounts Payable for the six months ended in Dec. 2023 was €0.44 Mil. Afyren's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.52 Mil. Hence, Afyren's Days Payable for the six months ended in Dec. 2023 was 52.76.

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

XPAR:ALAFY' s Days Payable Range Over the Past 10 Years
Min: 34.31 Med: 76.9 Max: 92.78
Current: 55.63

During the past 6 years, Afyren's highest Days Payable was 92.78. The lowest was 34.31. And the median was 76.90.

XPAR:ALAFY's Days Payable is ranked worse than
56.12% of 1504 companies
in the Chemicals industry
Industry Median: 61 vs XPAR:ALAFY: 55.63

Afyren's Days Payable declined from Dec. 2022 (72.86) to Dec. 2023 (52.76). It may suggest that Afyren accelerated paying its suppliers.

Afyren Days Payable Historical Data

The historical data trend for Afyren'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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Afyren Days Payable Chart

Afyren Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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92.78

34.31

76.90

78.68

54.28

Afyren Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				96.13	70.89	72.86	59.80	52.76

Competitive Comparison of Afyren's Days Payable

For the Specialty Chemicals subindustry, Afyren'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.

Afyren's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Afyren's Days Payable distribution charts can be found below:

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

Afyren 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.

Afyren'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
=	( (0.52	+	0.388)	/	2 )	/	3.053	*	365
=	0.454					/	3.053	*	365
=	54.28

Afyren'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
=	( (0.488	+	0.388)	/	2 )	/	1.515	*	365 / 2
=	0.438					/	1.515	*	365 / 2
=	52.76

Afyren Days Payable Related Terms

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Afyren (XPAR:ALAFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Afyren (XPAR:ALAFY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

90N:Germany

Address

9-11 rue Gutenberg, Clermont-Ferrand, FRA, 63000

Website

https://www.afyren.com

Afyren is a sustainable chemistry company that offers innovative solutions for replacing petroleum-based ingredients with non-food biomass products, in line with a circular, low-carbon economy approach. Using natural microorganisms, Afyren's solutions help produce a family of seven entirely bio-sourced organic acids, as well as one high-value-added fertilizer.

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