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Colorado Peintures (CAS:COL) Days Payable : 145.07 (As of Dec. 2023)


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What is Colorado Peintures Days Payable?

Colorado Peintures's average Accounts Payable for the six months ended in Dec. 2023 was MAD158.9 Mil. Colorado Peintures's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD199.9 Mil. Hence, Colorado Peintures's Days Payable for the six months ended in Dec. 2023 was 145.07.

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

CAS:COL' s Days Payable Range Over the Past 10 Years
Min: 136.99   Med: 152.81   Max: 208.04
Current: 139.92

During the past 11 years, Colorado Peintures's highest Days Payable was 208.04. The lowest was 136.99. And the median was 152.81.

CAS:COL's Days Payable is ranked better than
87.91% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs CAS:COL: 139.92

Colorado Peintures's Days Payable increased from Dec. 2022 (142.90) to Dec. 2023 (145.07). It may suggest that Colorado Peintures delayed paying its suppliers.


Colorado Peintures Days Payable Historical Data

The historical data trend for Colorado Peintures'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.

Colorado Peintures Days Payable Chart

Colorado Peintures 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 160.79 205.56 208.04 177.02 136.99

Colorado Peintures 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 193.76 199.78 142.90 137.76 145.07

Competitive Comparison of Colorado Peintures's Days Payable

For the Specialty Chemicals subindustry, Colorado Peintures'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.


Colorado Peintures's Days Payable Distribution in the Chemicals Industry

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

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



Colorado Peintures 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.

Colorado Peintures'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
=( (145.161 + 157.066) / 2 ) / 402.62*365
=151.1135 / 402.62*365
=136.99

Colorado Peintures'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
=( (160.805 + 157.066) / 2 ) / 199.948*365 / 2
=158.9355 / 199.948*365 / 2
=145.07

* 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.


Colorado Peintures Days Payable Related Terms

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


Colorado Peintures (CAS:COL) Business Description

Traded in Other Exchanges
N/A
Address
Route My Thami Km 15, Commune Rurale Oulad Azouz, Dar Bouazza, Casablanca, MAR, 20100
Colorado Peintures is engaged in the production of architectural paint as well as decorative paints. The company provides interior paints, exterior paints, automotive refinish, tinting machine, and industrial coatings.

Colorado Peintures (CAS:COL) Headlines

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