Heidelberg Materials AG (XTER:HEI) Days Payable : 144.51 (As of Dec. 2023)

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What is Heidelberg Materials AG Days Payable?

Heidelberg Materials AG's average Accounts Payable for the six months ended in Dec. 2023 was €3,082 Mil. Heidelberg Materials AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,892 Mil. Hence, Heidelberg Materials AG's Days Payable for the six months ended in Dec. 2023 was 144.51.

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

XTER:HEI' s Days Payable Range Over the Past 10 Years
Min: 94.2 Med: 124.88 Max: 148.29
Current: 144.03

During the past 13 years, Heidelberg Materials AG's highest Days Payable was 148.29. The lowest was 94.20. And the median was 124.88.

XTER:HEI's Days Payable is ranked better than
80.27% of 370 companies
in the Building Materials industry
Industry Median: 67.835 vs XTER:HEI: 144.03

Heidelberg Materials AG's Days Payable increased from Dec. 2022 (130.83) to Dec. 2023 (144.51). It may suggest that Heidelberg Materials AG delayed paying its suppliers.

Heidelberg Materials AG Days Payable Historical Data

The historical data trend for Heidelberg Materials 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.

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Heidelberg Materials AG Days Payable Chart

Heidelberg Materials AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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128.88

148.29

146.42

137.39

147.71

Heidelberg Materials 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	Get a 7-Day Free Trial															138.85	140.47	130.83	140.01	144.51

Competitive Comparison of Heidelberg Materials AG's Days Payable

For the Building Materials subindustry, Heidelberg Materials 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.

Heidelberg Materials AG's Days Payable Distribution in the Building Materials Industry

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

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

Heidelberg Materials 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.

Heidelberg Materials 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
=	( (3343.1	+	3156.5)	/	2 )	/	8030.7	*	365
=	3249.8					/	8030.7	*	365
=	147.71

Heidelberg Materials 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
=	( (3007.1	+	3156.5)	/	2 )	/	3892	*	365 / 2
=	3081.8					/	3892	*	365 / 2
=	144.51

Heidelberg Materials AG Days Payable Related Terms

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Heidelberg Materials AG (XTER:HEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Heidelberg Materials AG (XTER:HEI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HLBZF:USA HDELY:USA HEI:Italy HEId:UK 0MG2:UK HEIU:Germany HEI:Germany HEI:Germany HEIU:Germany HEI:Germany

Address

Berliner Strasse 6, Heidelberg, BW, DEU, 69120

Website

https://www.heidelbergmaterials.com/en

Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.

Executives

Ludwig Merckle	Supervisory Board
René Aldach	Board of Directors
Dennis Lentz	Board of Directors
Ernest Jelito	Board of Directors
Christopher Ward	Board of Directors
Kevin Gluskie	Board of Directors
Dr. Dominik Von Achten	Board of Directors