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Bureau Veritas (XPAR:BVI) Days Payable : 188.09 (As of Dec. 2023)


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What is Bureau Veritas Days Payable?

Bureau Veritas's average Accounts Payable for the six months ended in Dec. 2023 was €838 Mil. Bureau Veritas's Cost of Goods Sold for the six months ended in Dec. 2023 was €813 Mil. Hence, Bureau Veritas's Days Payable for the six months ended in Dec. 2023 was 188.09.

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

XPAR:BVI' s Days Payable Range Over the Past 10 Years
Min: 78.74   Med: 120.36   Max: 186.03
Current: 165.52

During the past 13 years, Bureau Veritas's highest Days Payable was 186.03. The lowest was 78.74. And the median was 120.36.

XPAR:BVI's Days Payable is ranked better than
85.44% of 927 companies
in the Business Services industry
Industry Median: 47.14 vs XPAR:BVI: 165.52

Bureau Veritas's Days Payable declined from Dec. 2022 (188.65) to Dec. 2023 (188.09). It may suggest that Bureau Veritas accelerated paying its suppliers.


Bureau Veritas Days Payable Historical Data

The historical data trend for Bureau Veritas'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.

* Premium members only.

Bureau Veritas Days Payable Chart

Bureau Veritas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.03 120.90 129.02 122.74 119.81

Bureau Veritas Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 220.97 206.61 188.65 188.64 188.09

Competitive Comparison of Bureau Veritas's Days Payable

For the Consulting Services subindustry, Bureau Veritas'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.


Bureau Veritas's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bureau Veritas's Days Payable distribution charts can be found below:

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



Bureau Veritas 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.

Bureau Veritas'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
=( (557.6 + 520.6) / 2 ) / 1642.3*365
=539.1 / 1642.3*365
=119.81

Bureau Veritas'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
=( (1156 + 520.6) / 2 ) / 813.4*365 / 2
=838.3 / 813.4*365 / 2
=188.09

* 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.


Bureau Veritas Days Payable Related Terms

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Bureau Veritas (XPAR:BVI) Business Description

Traded in Other Exchanges
Address
40/52 Boulevard du Parc, Immeuble Newtime, Neuilly-sur-Seine, FRA, 92200
Bureau Veritas is involved in the testing, inspection, and certification, or TIC, industry. The company's primary activities involve testing products or materials, inspecting sites/equipment, and certifying products and systems to maintain global standards. BV is one of only a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. BV listed in 2007, prior to which it was privately owned by the Wendel Group, who retain a significant holding.

Bureau Veritas (XPAR:BVI) Headlines

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