Stockmann Oyj Abp (OHEL:0MW1) Days Payable : 127.78 (As of Mar. 2024)

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What is Stockmann Oyj Abp Days Payable?

Stockmann Oyj Abp's average Accounts Payable for the three months ended in Mar. 2024 was €118.1 Mil. Stockmann Oyj Abp's Cost of Goods Sold for the three months ended in Mar. 2024 was €84.3 Mil. Hence, Stockmann Oyj Abp's Days Payable for the three months ended in Mar. 2024 was 127.78.

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

OHEL:0MW1' s Days Payable Range Over the Past 10 Years
Min: 56.86 Med: 112.69 Max: 168.3
Current: 136.64

During the past 13 years, Stockmann Oyj Abp's highest Days Payable was 168.30. The lowest was 56.86. And the median was 112.69.

OHEL:0MW1's Days Payable is ranked better than
84.55% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs OHEL:0MW1: 136.64

Stockmann Oyj Abp's Days Payable increased from Mar. 2023 (120.63) to Mar. 2024 (127.78). It may suggest that Stockmann Oyj Abp delayed paying its suppliers.

Stockmann Oyj Abp Days Payable Historical Data

The historical data trend for Stockmann Oyj Abp'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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Stockmann Oyj Abp Days Payable Chart

Stockmann Oyj Abp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.33

168.30

152.77

56.86

60.10

Stockmann Oyj Abp 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															120.63	149.92	165.87	93.13	127.78

Competitive Comparison of Stockmann Oyj Abp's Days Payable

For the Department Stores subindustry, Stockmann Oyj Abp'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.

Stockmann Oyj Abp's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Stockmann Oyj Abp's Days Payable distribution charts can be found below:

* The bar in red indicates where Stockmann Oyj Abp's Days Payable falls into.

Stockmann Oyj Abp 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.

Stockmann Oyj Abp'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
=	( (67	+	63.9)	/	2 )	/	397.5	*	365
=	65.45					/	397.5	*	365
=	60.10

Stockmann Oyj Abp'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
=	( (63.9	+	172.2)	/	2 )	/	84.3	*	365 / 4
=	118.05					/	84.3	*	365 / 4
=	127.78

Stockmann Oyj Abp Days Payable Related Terms

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Stockmann Oyj Abp (OHEL:0MW1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Stockmann Oyj Abp (OHEL:0MW1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STOCKA:Finland

Address

Aleksanterinkatu 52, Helsinki, FIN, FI-00100

Website

https://www.stockmanngroup.com

Stockmann Oyj Abp is a retail trader based in Finland. It sells variants of products and operates under two divisions, which are Lindex and Stockmann. Stockmann has a further classification of Stockmann Retail and Real estate. Stockmann Retail includes non-food department store operations in Finland and non-food and food operations in the Baltic countries. It offers an extensive product range and customer service expertise in an international shopping environment. The Real Estate comprises the properties owned by the Group in Helsinki, St Petersburg, Tallinn, and Riga. The company operates its fashion chains segment through Lindex, which has a wide network of shops and e-commerce businesses throughout the European Union and Norway.

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