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Martifer SGPS (FRA:FRW) Days Payable : 86.55 (As of Dec. 2023)


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What is Martifer SGPS Days Payable?

Martifer SGPS's average Accounts Payable for the six months ended in Dec. 2023 was €30.8 Mil. Martifer SGPS's Cost of Goods Sold for the six months ended in Dec. 2023 was €65.0 Mil. Hence, Martifer SGPS's Days Payable for the six months ended in Dec. 2023 was 86.55.

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

FRA:FRW' s Days Payable Range Over the Past 10 Years
Min: 96.16   Med: 141.5   Max: 422.65
Current: 96.16

During the past 13 years, Martifer SGPS's highest Days Payable was 422.65. The lowest was 96.16. And the median was 141.50.

FRA:FRW's Days Payable is ranked better than
61.21% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs FRA:FRW: 96.16

Martifer SGPS's Days Payable declined from Dec. 2022 (129.89) to Dec. 2023 (86.55). It may suggest that Martifer SGPS accelerated paying its suppliers.

Martifer SGPS Days Payable Historical Data

The historical data trend for Martifer SGPS'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.

Martifer SGPS Days Payable Chart

Martifer SGPS 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 120.00 124.64 135.90 135.08 96.80

Martifer SGPS 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 182.94 148.40 129.89 108.09 86.55

Competitive Comparison of Martifer SGPS's Days Payable

For the Engineering & Construction subindustry, Martifer SGPS'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.

Martifer SGPS's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Martifer SGPS's Days Payable distribution charts can be found below:

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


Martifer SGPS 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.

Martifer SGPS'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
=( (28.666 + 31.923) / 2 ) / 114.227*365
=30.2945 / 114.227*365
=96.80

Martifer SGPS'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
=( (29.693 + 31.923) / 2 ) / 64.961*365 / 2
=30.808 / 64.961*365 / 2
=86.55

* 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.

Martifer SGPS Days Payable Related Terms

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Martifer SGPS (FRA:FRW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Martifer SGPS SA (FRA:FRW) » Definitions » Days Payable
Comparable Companies
XLIS:CDU XLIS:TDSA XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 EME HKSE:01800 XPAR:EN SHSE:601186 BLD ACM SHSE:601669 FIX XPAR:FGR XMAD:ACS
Traded in Other Exchanges
MAR:Portugal
Address
Apartado 17, Zona Industrial, Oliveira de Frades, PRT, 3684-001
Website
https://www.martifer.com
Martifer SGPS SA is Portugal based holding company. Along with its subsidiaries, the firm operates in three business divisions: Metallic Constructions, which provides metallic constructions, aluminum and glass façades, and infrastructures for oil & gas; Naval Industry segment includes shipbuilding as well as the rendering of ship repair and ship conversion services; and Renewables segment includes the promotion and development of renewable energy projects, with special focus on the wind energy sector. Its geographical segments are Iberian Peninsula, Central Europe, and Other markets.