Ashland (FRA:AHT) Days Payable : 45.00 (As of Mar. 2024)

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What is Ashland Days Payable?

Ashland's average Accounts Payable for the three months ended in Mar. 2024 was €188 Mil. Ashland's Cost of Goods Sold for the three months ended in Mar. 2024 was €381 Mil. Hence, Ashland's Days Payable for the three months ended in Mar. 2024 was 45.00.

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

FRA:AHT' s Days Payable Range Over the Past 10 Years
Min: 50.76 Med: 72.87 Max: 90.67
Current: 50.76

During the past 13 years, Ashland's highest Days Payable was 90.67. The lowest was 50.76. And the median was 72.87.

FRA:AHT's Days Payable is ranked worse than
60.94% of 1503 companies
in the Chemicals industry
Industry Median: 60.63 vs FRA:AHT: 50.76

Ashland's Days Payable declined from Mar. 2023 (55.59) to Mar. 2024 (45.00). It may suggest that Ashland accelerated paying its suppliers.

Ashland Days Payable Historical Data

The historical data trend for Ashland'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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Ashland Days Payable Chart

Ashland Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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76.24

70.29

56.58

54.20

59.39

Ashland 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															55.59	56.90	48.89	50.68	45.00

Competitive Comparison of Ashland's Days Payable

For the Specialty Chemicals subindustry, Ashland'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.

Ashland's Days Payable Distribution in the Chemicals Industry

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

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

Ashland 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.

Ashland's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (267.65	+	196.77)	/	2 )	/	1427.051	*	365
=	232.21					/	1427.051	*	365
=	59.39

Ashland'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
=	( (185.234	+	190.44)	/	2 )	/	380.88	*	365 / 4
=	187.837					/	380.88	*	365 / 4
=	45.00

Ashland Days Payable Related Terms

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Ashland (FRA:AHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ashland Inc (FRA:AHT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ASH:USA

Address

8145 Blazer Drive, Wilmington, DE, USA, 19808

Website

http://www.ashland.com

Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. Ashland includes only U.S. and Canada in its North America designation and includes Europe, the Middle East and Africa in its Europe designation.