ALD (XPAR:ALD) Days Payable : 45.00 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is ALD Days Payable?

ALD's average Accounts Payable for the six months ended in Dec. 2023 was €2,584 Mil. ALD's Cost of Goods Sold for the six months ended in Dec. 2023 was €10,478 Mil. Hence, ALD's Days Payable for the six months ended in Dec. 2023 was 45.00.

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

XPAR:ALD' s Days Payable Range Over the Past 10 Years
Min: 30.82 Med: 32.83 Max: 46.77
Current: 46.77

During the past 10 years, ALD's highest Days Payable was 46.77. The lowest was 30.82. And the median was 32.83.

XPAR:ALD's Days Payable is ranked worse than
50.81% of 923 companies
in the Business Services industry
Industry Median: 47.39 vs XPAR:ALD: 46.77

ALD's Days Payable increased from Dec. 2022 (37.38) to Dec. 2023 (45.00). It may suggest that ALD delayed paying its suppliers.

ALD Days Payable Historical Data

The historical data trend for ALD'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.

ALD Days Payable Chart

ALD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.52

31.57

32.25

37.12

40.72

ALD Semi-Annual Data
	Dec14	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													32.79	36.40	37.38	58.64	45.00

Competitive Comparison of ALD's Days Payable

For the Rental & Leasing Services subindustry, ALD'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.

ALD's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALD's Days Payable distribution charts can be found below:

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

ALD 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.

ALD'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
=	( (1045.8	+	2560.4)	/	2 )	/	16161.8	*	365
=	1803.1					/	16161.8	*	365
=	40.72

ALD'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
=	( (2606.6	+	2560.4)	/	2 )	/	10478.2	*	365 / 2
=	2583.5					/	10478.2	*	365 / 2
=	45.00

ALD Days Payable Related Terms

Thank you for viewing the detailed overview of ALD's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

ALD (XPAR:ALD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ALD SA (XPAR:ALD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0RSP:UK 3AL:Germany

Address

1-3 Rue Eugene et Armand Peugeot, Le Corosa, Rueil-Malmaison, FRA, 92500

Website

https://www.aldautomotive.com

ALD SA is a full-service leasing and fleet management group. It provides financing and management services through two principal product offerings. These two offerings are full-service leasing and fleet management. The group also provides insurance services. It provides clients with motor third-party liability, material damage insurance as well as theft and passenger insurance. The company has operational footprints across Western Europe, Nordic, Continental and Eastern Europe and Latin America, Africa, Asia, and the Rest of the world.

ALD (XPAR:ALD) Headlines

From GuruFocus

David Einhorn and Reasons Why Widely Followed Stocks Get Mispriced

By John Huber John Huber • 12-01-2015