ALBA SE (LTS:0K7C) Days Payable : 41.85 (As of Dec. 2023)

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What is ALBA SE Days Payable?

ALBA SE's average Accounts Payable for the six months ended in Dec. 2023 was €25.6 Mil. ALBA SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €111.8 Mil. Hence, ALBA SE's Days Payable for the six months ended in Dec. 2023 was 41.85.

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

LTS:0K7C' s Days Payable Range Over the Past 10 Years
Min: 25.08 Med: 36.94 Max: 61.92
Current: 36.82

During the past 13 years, ALBA SE's highest Days Payable was 61.92. The lowest was 25.08. And the median was 36.94.

LTS:0K7C's Days Payable is ranked worse than
71.24% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs LTS:0K7C: 36.82

ALBA SE's Days Payable increased from Dec. 2022 (37.65) to Dec. 2023 (41.85). It may suggest that ALBA SE delayed paying its suppliers.

ALBA SE Days Payable Historical Data

The historical data trend for ALBA SE'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.

ALBA SE Days Payable Chart

ALBA SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.45

41.18

25.08

27.66

34.43

ALBA SE 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															32.18	23.92	37.65	34.99	41.85

Competitive Comparison of ALBA SE's Days Payable

For the Waste Management subindustry, ALBA SE'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.

ALBA SE's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, ALBA SE's Days Payable distribution charts can be found below:

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

ALBA SE 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.

ALBA SE'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
=	( (25.5	+	22.371)	/	2 )	/	253.758	*	365
=	23.9355					/	253.758	*	365
=	34.43

ALBA SE'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
=	( (28.915	+	22.371)	/	2 )	/	111.83	*	365 / 2
=	25.643					/	111.83	*	365 / 2
=	41.85

ALBA SE Days Payable Related Terms

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ALBA SE (LTS:0K7C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ALBA SE (LTS:0K7C) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ABA:Germany

Address

Stollwerckstraße 9a, Cologne, DEU, 51149

Website

http://www.alba-se.com

ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.

ALBA SE (LTS:0K7C) Headlines

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