Vassilico Cement Works PCL (CYS:VCW) Days Payable : 33.14 (As of Dec. 2023)

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What is Vassilico Cement Works PCL Days Payable?

Vassilico Cement Works PCL's average Accounts Payable for the six months ended in Dec. 2023 was €10.6 Mil. Vassilico Cement Works PCL's Cost of Goods Sold for the six months ended in Dec. 2023 was €58.3 Mil. Hence, Vassilico Cement Works PCL's Days Payable for the six months ended in Dec. 2023 was 33.14.

The historical rank and industry rank for Vassilico Cement Works PCL's Days Payable or its related term are showing as below:

CYS:VCW' s Days Payable Range Over the Past 10 Years
Min: 22.96 Med: 24.98 Max: 32.55
Current: 32.55

During the past 13 years, Vassilico Cement Works PCL's highest Days Payable was 32.55. The lowest was 22.96. And the median was 24.98.

CYS:VCW's Days Payable is ranked worse than
82.21% of 371 companies
in the Building Materials industry
Industry Median: 67.69 vs CYS:VCW: 32.55

Vassilico Cement Works PCL's Days Payable increased from Dec. 2022 (28.26) to Dec. 2023 (33.14). It may suggest that Vassilico Cement Works PCL delayed paying its suppliers.

Vassilico Cement Works PCL Days Payable Historical Data

The historical data trend for Vassilico Cement Works PCL'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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Vassilico Cement Works PCL Days Payable Chart

Vassilico Cement Works PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

24.58

22.96

26.85

24.64

28.05

Vassilico Cement Works PCL 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															30.71	28.86	28.26	36.40	33.14

Competitive Comparison of Vassilico Cement Works PCL's Days Payable

For the Building Materials subindustry, Vassilico Cement Works PCL'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.

Vassilico Cement Works PCL's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vassilico Cement Works PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Vassilico Cement Works PCL's Days Payable falls into.

Vassilico Cement Works PCL 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.

Vassilico Cement Works PCL'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
=	( (10.688	+	7.612)	/	2 )	/	119.045	*	365
=	9.15					/	119.045	*	365
=	28.05

Vassilico Cement Works PCL'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
=	( (13.553	+	7.612)	/	2 )	/	58.277	*	365 / 2
=	10.5825					/	58.277	*	365 / 2
=	33.14

Vassilico Cement Works PCL Days Payable Related Terms

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Vassilico Cement Works PCL (CYS:VCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vassilico Cement Works PCL (CYS:VCW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Kyriakos Matsis Avenue, 4th Floor, P.O. Box 22281, Nicosia, CYP, 1082

Website

https://www.vassiliko.com

Vassilico Cement Works PCL is the company whose principal business activities are the production of clinker and cement, which are distributed in the local and international markets. It manages queries for the extraction of raw materials which are used exclusively for the production of cement. The company generates the majority of its revenue from cement products and from the domestic market.

Vassilico Cement Works PCL (CYS:VCW) Headlines

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