Stora Enso Oyj (Stora Enso Oyj) Days Payable : 118.65 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Stora Enso Oyj Days Payable?

Stora Enso Oyj's average Accounts Payable for the three months ended in Mar. 2024 was $1,963 Mil. Stora Enso Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,510 Mil. Hence, Stora Enso Oyj's Days Payable for the three months ended in Mar. 2024 was 118.65.

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

SEOAY' s Days Payable Range Over the Past 10 Years
Min: 64.01 Med: 84.71 Max: 127.32
Current: 127.32

During the past 13 years, Stora Enso Oyj's highest Days Payable was 127.32. The lowest was 64.01. And the median was 84.71.

SEOAY's Days Payable is ranked better than
86.43% of 280 companies
in the Forest Products industry
Industry Median: 56.04 vs SEOAY: 127.32

Stora Enso Oyj's Days Payable increased from Mar. 2023 (111.62) to Mar. 2024 (118.65). It may suggest that Stora Enso Oyj delayed paying its suppliers.

Stora Enso Oyj Days Payable Historical Data

The historical data trend for Stora Enso 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.

* Premium members only.

Stora Enso Oyj Days Payable Chart

Stora Enso Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

89.14

98.28

103.75

102.03

100.00

Stora Enso Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															111.62	123.50	129.24	125.20	118.65

Competitive Comparison of Stora Enso Oyj's Days Payable

For the Paper & Paper Products subindustry, Stora Enso 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.

Stora Enso Oyj's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Stora Enso Oyj's Days Payable falls into.

Stora Enso 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.

Stora Enso 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
=	( (1939.619	+	1725.191)	/	2 )	/	6688.114	*	365
=	1832.405					/	6688.114	*	365
=	100.00

Stora Enso Oyj's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1725.191	+	2201.087)	/	2 )	/	1509.783	*	365 / 4
=	1963.139					/	1509.783	*	365 / 4
=	118.65

Stora Enso Oyj Days Payable Related Terms

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

Stora Enso Oyj (Stora Enso Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stora Enso Oyj (OTCPK:SEOAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SEOJF:USA STE R:Sweden STE A:Sweden STERVh:UK 0KCK:UK 0CXC:UK STERV:Finland STEAV:Finland ENUR:Germany

Address

P.O. Box 309, Helsinki, FIN, FI-00101

Website

https://www.storaenso.com

Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.