NoHo Partners Oyj (LTS:0QI6) Days Payable : 100.72 (As of Dec. 2023)

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What is NoHo Partners Oyj Days Payable?

NoHo Partners Oyj's average Accounts Payable for the three months ended in Dec. 2023 was €55.3 Mil. NoHo Partners Oyj's Cost of Goods Sold for the three months ended in Dec. 2023 was €50.1 Mil. Hence, NoHo Partners Oyj's Days Payable for the three months ended in Dec. 2023 was 100.72.

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

LTS:0QI6' s Days Payable Range Over the Past 10 Years
Min: 28.37 Med: 50.23 Max: 90.74
Current: 90.74

During the past 12 years, NoHo Partners Oyj's highest Days Payable was 90.74. The lowest was 28.37. And the median was 50.23.

LTS:0QI6's Days Payable is ranked better than
87.68% of 341 companies
in the Restaurants industry
Industry Median: 38.42 vs LTS:0QI6: 90.74

NoHo Partners Oyj's Days Payable increased from Dec. 2022 (86.70) to Dec. 2023 (100.72). It may suggest that NoHo Partners Oyj delayed paying its suppliers.

NoHo Partners Oyj Days Payable Historical Data

The historical data trend for NoHo Partners Oyj'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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NoHo Partners Oyj Days Payable Chart

NoHo Partners Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.97

59.12

57.49

45.20

48.80

NoHo Partners Oyj 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															86.70	79.10	102.21	118.72	100.72

Competitive Comparison of NoHo Partners Oyj's Days Payable

For the Restaurants subindustry, NoHo Partners Oyj'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.

NoHo Partners Oyj's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, NoHo Partners Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where NoHo Partners Oyj's Days Payable falls into.

NoHo Partners Oyj 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.

NoHo Partners Oyj'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
=	( (21.4	+	33.1)	/	2 )	/	203.8	*	365
=	27.25					/	203.8	*	365
=	48.80

NoHo Partners Oyj'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
=	( (77.5	+	33.1)	/	2 )	/	50.1	*	365 / 4
=	55.3					/	50.1	*	365 / 4
=	100.72

NoHo Partners Oyj Days Payable Related Terms

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NoHo Partners Oyj (LTS:0QI6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » NoHo Partners Oyj (LTS:0QI6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NOHO:Finland

Address

Hatanpaan valtatie 1 B, Tampere, FIN, FI-33100

Website

https://www.noho.fi

NoHo Partners Oyj is a Finnish company engaged in the production of restaurant services and labor-hire services. It operates restaurants, cafes, and nightclubs throughout Finland. The partner group includes approximately 250 restaurants in Finland, Denmark, and Norway. Well-known restaurant concepts of the company include Elite, Savoy, Teatteri, Yes Yes Yes, Stefan's Steakhouse, Palace, Loyly, Hanko Sushi, Friends and Brgrs, and Cock's and Cows. It has two segments Finnish operations and International business.

NoHo Partners Oyj (LTS:0QI6) Headlines

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