Utenos Trikotazas AB (LTS:0IYO) Days Payable : 29.71 (As of Mar. 2024)

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What is Utenos Trikotazas AB Days Payable?

Utenos Trikotazas AB's average Accounts Payable for the three months ended in Mar. 2024 was €1.15 Mil. Utenos Trikotazas AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €3.52 Mil. Hence, Utenos Trikotazas AB's Days Payable for the three months ended in Mar. 2024 was 29.71.

The historical rank and industry rank for Utenos Trikotazas AB's Days Payable or its related term are showing as below:

LTS:0IYO' s Days Payable Range Over the Past 10 Years
Min: 24.32 Med: 33.28 Max: 39.27
Current: 25.16

During the past 13 years, Utenos Trikotazas AB's highest Days Payable was 39.27. The lowest was 24.32. And the median was 33.28.

LTS:0IYO's Days Payable is ranked worse than
80.47% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs LTS:0IYO: 25.16

Utenos Trikotazas AB's Days Payable increased from Mar. 2023 (27.53) to Mar. 2024 (29.71). It may suggest that Utenos Trikotazas AB delayed paying its suppliers.

Utenos Trikotazas AB Days Payable Historical Data

The historical data trend for Utenos Trikotazas AB'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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Utenos Trikotazas AB Days Payable Chart

Utenos Trikotazas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.31

38.96

39.27

30.28

25.56

Utenos Trikotazas AB 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															27.53	25.33	24.00	23.54	29.71

Competitive Comparison of Utenos Trikotazas AB's Days Payable

For the Apparel Manufacturing subindustry, Utenos Trikotazas AB'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.

Utenos Trikotazas AB's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Utenos Trikotazas AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Utenos Trikotazas AB's Days Payable falls into.

Utenos Trikotazas AB 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.

Utenos Trikotazas AB'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
=	( (1.607	+	1.254)	/	2 )	/	20.425	*	365
=	1.4305					/	20.425	*	365
=	25.56

Utenos Trikotazas AB'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
=	( (1.254	+	1.039)	/	2 )	/	3.521	*	365 / 4
=	1.1465					/	3.521	*	365 / 4
=	29.71

Utenos Trikotazas AB Days Payable Related Terms

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Utenos Trikotazas AB (LTS:0IYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Utenos Trikotazas AB (LTS:0IYO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UTR1L:Lithuania

Address

J. Basanaviciaus Street 122, Utena, LTU, LT-28214

Website

https://www.ut.lt

Utenos Trikotažas AB is a client-oriented certified jersey producer company. It operates through two main business areas which are a Production of Knitted Articles and Production of Working Clothes. The company derives maximum revenue from the production of knitted articles segment.

Utenos Trikotazas AB (LTS:0IYO) Headlines

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