Swiss Steel Holding AG (XSWX:STLN) Days Payable : 71.75 (As of Dec. 2023)

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What is Swiss Steel Holding AG Days Payable?

Swiss Steel Holding AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF397 Mil. Swiss Steel Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,009 Mil. Hence, Swiss Steel Holding AG's Days Payable for the six months ended in Dec. 2023 was 71.75.

The historical rank and industry rank for Swiss Steel Holding AG's Days Payable or its related term are showing as below:

XSWX:STLN' s Days Payable Range Over the Past 10 Years
Min: 56.71 Med: 78.24 Max: 85.5
Current: 65.4

During the past 13 years, Swiss Steel Holding AG's highest Days Payable was 85.50. The lowest was 56.71. And the median was 78.24.

XSWX:STLN's Days Payable is ranked better than
66.84% of 588 companies
in the Steel industry
Industry Median: 41.195 vs XSWX:STLN: 65.40

Swiss Steel Holding AG's Days Payable increased from Dec. 2022 (68.89) to Dec. 2023 (71.75). It may suggest that Swiss Steel Holding AG delayed paying its suppliers.

Swiss Steel Holding AG Days Payable Historical Data

The historical data trend for Swiss Steel Holding AG'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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Swiss Steel Holding AG Days Payable Chart

Swiss Steel Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.09

80.36

65.67

56.71

61.72

Swiss Steel Holding AG 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															74.93	65.01	68.89	64.70	71.75

Competitive Comparison of Swiss Steel Holding AG's Days Payable

For the Steel subindustry, Swiss Steel Holding AG'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.

Swiss Steel Holding AG's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Swiss Steel Holding AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Swiss Steel Holding AG's Days Payable falls into.

Swiss Steel Holding AG 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.

Swiss Steel Holding AG'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
=	( (434.516	+	323.569)	/	2 )	/	2241.407	*	365
=	379.0425					/	2241.407	*	365
=	61.72

Swiss Steel Holding AG'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
=	( (469.613	+	323.569)	/	2 )	/	1008.713	*	365 / 2
=	396.591					/	1008.713	*	365 / 2
=	71.75

Swiss Steel Holding AG Days Payable Related Terms

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Swiss Steel Holding AG (XSWX:STLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swiss Steel Holding AG (XSWX:STLN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STLNz:UK

Address

Landenbergstrasse 11, Lucerne, CHE, 6005

Website

https://www.swisssteel-group.com

Swiss Steel Holding AG is a manufacturer, processor, and distributor of long steel products. The company operates through two segments, Production and Sales and services. Its products include quality steel, tool steel, bright steel, and special materials, etc. The company also offers service, which includes technical service, prefabrication, and timely delivery service. It generates maximum revenue from the Production segment. The company derives the majority of its revenues from Germany.

Swiss Steel Holding AG (XSWX:STLN) Headlines

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