BASF SE

Published by Stock Analysis on Net

Last updated: 2018-02-03 17:51:15

Payables Turnover

2016 2015 2014 2013

Selected Financial Data

EUR in millions

Cost of sales 39,265 51,372 55,839 55,576
Accounts payable 4,610 4,020 4,861 5,153

Ratio

Payables turnover 8.52 12.78 11.49 10.79

2016 calculation:

Payables turnover = Cost of sales ÷ Accounts payable
= 39,265 ÷ 4,610 = 8.52