Fertiglobe (ADX:FERTIGLB) Days Payable : 170.18 (As of Dec. 2023)

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What is Fertiglobe Days Payable?

Fertiglobe's average Accounts Payable for the three months ended in Dec. 2023 was د.إ2,680 Mil. Fertiglobe's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ1,437 Mil. Hence, Fertiglobe's Days Payable for the three months ended in Dec. 2023 was 170.18.

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

ADX:FERTIGLB' s Days Payable Range Over the Past 10 Years
Min: 54.13 Med: 93.02 Max: 177.23
Current: 154.98

During the past 7 years, Fertiglobe's highest Days Payable was 177.23. The lowest was 54.13. And the median was 93.02.

ADX:FERTIGLB's Days Payable is ranked better than
81.55% of 233 companies
in the Agriculture industry
Industry Median: 79.04 vs ADX:FERTIGLB: 154.98

Fertiglobe's Days Payable increased from Dec. 2022 (118.17) to Dec. 2023 (170.18). It may suggest that Fertiglobe delayed paying its suppliers.

Fertiglobe Days Payable Historical Data

The historical data trend for Fertiglobe'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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Fertiglobe Days Payable Chart

Fertiglobe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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177.23

104.62

71.55

54.13

81.41

Fertiglobe Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											118.17	77.06	180.33	279.80	170.18

Competitive Comparison of Fertiglobe's Days Payable

For the Agricultural Inputs subindustry, Fertiglobe'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.

Fertiglobe's Days Payable Distribution in the Agriculture Industry

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

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

Fertiglobe 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.

Fertiglobe'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
=	( (1363.015	+	1199.938)	/	2 )	/	5745.159	*	365
=	1281.4765					/	5745.159	*	365
=	81.41

Fertiglobe'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4159.566	+	1199.938)	/	2 )	/	1436.841	*	365 / 4
=	2679.752					/	1436.841	*	365 / 4
=	170.18

Fertiglobe Days Payable Related Terms

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Fertiglobe (ADX:FERTIGLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Fertiglobe PLC (ADX:FERTIGLB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, 2475-2476, 20th floor, Al Sila Tower, Al Maryah Island, ARE

Website

https://www.fertiglobe.com

Fertiglobe PLC is engaged in the production of urea, ammonia, and other gas-based fertilizers for export and distribution. The company's portfolio of products comprises ammonia, urea for agricultural and industrial customers, and DEF, which is also known as AdBlue in Europe and marketed as AdGreen by FERTIL, for industrial customers.

Fertiglobe (ADX:FERTIGLB) Headlines

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