Sika AG (XSWX:SIKA) Days Payable

: 82.46 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

Sika AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF1,213 Mil. Sika AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF2,685 Mil. Hence, Sika AG's Days Payable for the six months ended in Dec. 2023 was 82.46.

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

XSWX:SIKA' s Days Payable Range Over the Past 10 Years
Min: 70.42 Med: 80.61 Max: 86.24
Current: 80.35

During the past 13 years, Sika AG's highest Days Payable was 86.24. The lowest was 70.42. And the median was 80.61.

XSWX:SIKA's Days Payable is ranked better than
66.73% of 1503 companies
in the Chemicals industry
Industry Median: 60.28 vs XSWX:SIKA: 80.35

Sika AG's Days Payable increased from Dec. 2022 (76.91) to Dec. 2023 (82.46). It may suggest that Sika AG delayed paying its suppliers.

Sika AG Days Payable Historical Data

The historical data trend for Sika 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.

* Premium members only.

Sika AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

76.15

86.24

76.89

70.42

74.37

Sika AG 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																79.77	77.35	76.91	84.27	82.46

Competitive Comparison

For the Specialty Chemicals subindustry, Sika 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.

Sika AG Days Payable Distribution

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

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

Sika 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.

Sika 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
=	( (1016.6	+	1108.2)	/	2 )	/	5213.8	*	365
=	1062.4					/	5213.8	*	365
=	74.37

Sika 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
=	( (1318.4	+	1108.2)	/	2 )	/	2685.3	*	365 / 2
=	1213.3					/	2685.3	*	365 / 2
=	82.46

Sika AG Days Payable Related Terms

Thank you for viewing the detailed overview of Sika AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sika AG (XSWX:SIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (XSWX:SIKA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SXYAY:USA SKFOF:USA SIKA:Mexico SIKAz:UK 0Z4C:UK SIKB:Germany

Address

Zugerstrasse 50, Baar, CHE, 6340

Website

https://www.sika.com

Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (XSWX:SIKA) Headlines

No Headlines