Alpek (FRA:27A) Days Payable : 78.62 (As of Mar. 2024)

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What is Alpek Days Payable?

Alpek's average Accounts Payable for the three months ended in Mar. 2024 was €1,410 Mil. Alpek's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,636 Mil. Hence, Alpek's Days Payable for the three months ended in Mar. 2024 was 78.62.

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

FRA:27A' s Days Payable Range Over the Past 10 Years
Min: 45.33 Med: 56.19 Max: 75.85
Current: 73.52

During the past 13 years, Alpek's highest Days Payable was 75.85. The lowest was 45.33. And the median was 56.19.

FRA:27A's Days Payable is ranked better than
61.58% of 1502 companies
in the Chemicals industry
Industry Median: 60.55 vs FRA:27A: 73.52

Alpek's Days Payable increased from Mar. 2023 (65.66) to Mar. 2024 (78.62). It may suggest that Alpek delayed paying its suppliers.

Alpek Days Payable Historical Data

The historical data trend for Alpek'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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Alpek Days Payable Chart

Alpek Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.19

55.77

57.01

51.61

71.63

Alpek Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															65.66	63.47	71.51	77.67	78.62

Competitive Comparison of Alpek's Days Payable

For the Specialty Chemicals subindustry, Alpek'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.

Alpek's Days Payable Distribution in the Chemicals Industry

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

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

Alpek 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.

Alpek'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
=	( (1379.636	+	1331.667)	/	2 )	/	6907.544	*	365
=	1355.6515					/	6907.544	*	365
=	71.63

Alpek's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1331.667	+	1488.339)	/	2 )	/	1636.476	*	365 / 4
=	1410.003					/	1636.476	*	365 / 4
=	78.62

Alpek Days Payable Related Terms

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Alpek (FRA:27A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alpek SA (FRA:27A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALPKF:USA ALPEKA:Mexico

Address

Avenida Gomez Morin Sur No. 1111, Col. Carrizalejo, San Pedro Garza Garcia, NL, MEX, 66254

Website

https://www.alpek.com

Alpek SA is a petrochemical company with operations through two business segments: Polyester and Plastic and Chemicals. The Polyester segment comprises the production of purified terephthalic acid (PTA), polyethylene terephthalate (PET), recycled PET (rPET), and polyester fibers, which are mainly used for food and beverage packaging, textile and industrial filament markets, and The Plastics & Chemicals business segment comprises the production of polypropylene (PP), expandable styrene (EPS and Arcel), fertilizers and other chemicals, which serves a wide range of markets, including the consumer goods, automotive, construction, agriculture, pharmaceutical, and other markets. The company derives a majority of its revenue from the polyester segment.

Alpek (FRA:27A) Headlines

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