Alcomet AD (XBUL:ALCM) Days Payable : 18.99 (As of Dec. 2022)

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What is Alcomet AD Days Payable?

Alcomet AD's average Accounts Payable for the six months ended in Dec. 2022 was лв31.4 Mil. Alcomet AD's Cost of Goods Sold for the six months ended in Dec. 2022 was лв603.6 Mil. Hence, Alcomet AD's Days Payable for the six months ended in Dec. 2022 was 9.49.

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

XBUL:ALCM' s Days Payable Range Over the Past 10 Years
Min: 12.77 Med: 18.1 Max: 36.1
Current: 18.99

During the past 13 years, Alcomet AD's highest Days Payable was 36.10. The lowest was 12.77. And the median was 18.10.

XBUL:ALCM's Days Payable is ranked worse than
92.81% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs XBUL:ALCM: 18.99

Alcomet AD's Days Payable declined from Dec. 2020 (36.10) to Dec. 2022 (18.99). It may suggest that Alcomet AD accelerated paying its suppliers.

Alcomet AD Days Payable Historical Data

The historical data trend for Alcomet AD'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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Alcomet AD Days Payable Chart

Alcomet AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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17.20

29.42

36.10

29.17

18.99

Alcomet AD Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Payable	Get a 7-Day Free Trial											17.20	29.42	36.10	29.17	18.99

Competitive Comparison of Alcomet AD's Days Payable

For the Aluminum subindustry, Alcomet AD'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.

Alcomet AD's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's Days Payable distribution charts can be found below:

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

Alcomet AD 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.

Alcomet AD's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (48.255	+	14.543)	/	2 )	/	603.562	*	365
=	31.399					/	603.562	*	365
=	18.99

Alcomet AD's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (48.255	+	14.543)	/	2 )	/	603.562	*	365 / 2
=	31.399					/	603.562	*	365 / 2
=	9.49

Alcomet AD Days Payable Related Terms

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Alcomet AD (XBUL:ALCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcomet AD (XBUL:ALCM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Second Industrial Zone, Shumen, BGR, 9700

Website

https://www.alcomet.eu

Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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