Superior Plus (FRA:8SP) Days Payable : 82.62 (As of Dec. 2023)

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What is Superior Plus Days Payable?

Superior Plus's average Accounts Payable for the three months ended in Dec. 2023 was €292 Mil. Superior Plus's Cost of Goods Sold for the three months ended in Dec. 2023 was €323 Mil. Hence, Superior Plus's Days Payable for the three months ended in Dec. 2023 was 82.62.

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

FRA:8SP' s Days Payable Range Over the Past 10 Years
Min: 34.67 Med: 60.04 Max: 121.06
Current: 81.13

During the past 13 years, Superior Plus's highest Days Payable was 121.06. The lowest was 34.67. And the median was 60.04.

FRA:8SP's Days Payable is ranked better than
61.62% of 495 companies
in the Utilities - Regulated industry
Industry Median: 67.1 vs FRA:8SP: 81.13

Superior Plus's Days Payable increased from Dec. 2022 (57.24) to Dec. 2023 (82.62). It may suggest that Superior Plus delayed paying its suppliers.

Superior Plus Days Payable Historical Data

The historical data trend for Superior Plus'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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Superior Plus Days Payable Chart

Superior Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.65

125.14

69.29

60.40

93.15

Superior Plus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															57.24	48.78	94.87	137.26	82.62

Competitive Comparison of Superior Plus's Days Payable

For the Utilities - Regulated Gas subindustry, Superior Plus'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.

Superior Plus's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's Days Payable distribution charts can be found below:

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

Superior Plus 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.

Superior Plus'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
=	( (298.314	+	309.016)	/	2 )	/	1189.858	*	365
=	303.665					/	1189.858	*	365
=	93.15

Superior Plus'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (275.332	+	309.016)	/	2 )	/	322.686	*	365 / 4
=	292.174					/	322.686	*	365 / 4
=	82.62

Superior Plus Days Payable Related Terms

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Superior Plus (FRA:8SP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Superior Plus Corp (FRA:8SP) » Definitions » Days Payable

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SUUIF:USA SPB:Canada

Address

200 Wellington Street West, Suite 401, Toronto, ON, CAN, M5V 3C7

Website

https://www.superiorplus.com

Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane, Canadian Propane & Wholesale Propane, out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California. The Canadian Propane segment includes the Canadian retail business with operations across Canada. The Wholesale Propane segment is the wholesale business with operations in Canada & the Western United States.

Superior Plus (FRA:8SP) Headlines

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