Fodelia Oyj (OHEL:FODELIA) Days Payable : 62.00 (As of Dec. 2023)

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What is Fodelia Oyj Days Payable?

Fodelia Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €4.47 Mil. Fodelia Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €13.15 Mil. Hence, Fodelia Oyj's Days Payable for the six months ended in Dec. 2023 was 62.00.

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

OHEL:FODELIA' s Days Payable Range Over the Past 10 Years
Min: 47.26 Med: 52.49 Max: 59.71
Current: 59.03

During the past 6 years, Fodelia Oyj's highest Days Payable was 59.71. The lowest was 47.26. And the median was 52.49.

OHEL:FODELIA's Days Payable is ranked better than
62.92% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.08 vs OHEL:FODELIA: 59.03

Fodelia Oyj's Days Payable declined from Dec. 2022 (69.69) to Dec. 2023 (62.00). It may suggest that Fodelia Oyj accelerated paying its suppliers.

Fodelia Oyj Days Payable Historical Data

The historical data trend for Fodelia 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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Fodelia Oyj Days Payable Chart

Fodelia Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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59.71

51.71

53.26

47.26

Fodelia Oyj Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					67.75	76.45	69.69	67.89	62.00

Competitive Comparison of Fodelia Oyj's Days Payable

For the Packaged Foods subindustry, Fodelia 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.

Fodelia Oyj's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fodelia Oyj's Days Payable distribution charts can be found below:

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

Fodelia 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.

Fodelia 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
=	( (3.706	+	3.042)	/	2 )	/	26.058	*	365
=	3.374					/	26.058	*	365
=	47.26

Fodelia 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.895	+	3.042)	/	2 )	/	13.153	*	365 / 2
=	4.4685					/	13.153	*	365 / 2
=	62.00

Fodelia Oyj Days Payable Related Terms

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Fodelia Oyj (OHEL:FODELIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fodelia Oyj (OHEL:FODELIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tuotetie 1, Pyhanta, FIN, 92930

Website

https://www.fodelia.fi

Fodelia Oyj is a manufacturer of food products in Finland. Its food operations include Real Snacks, a potato chip factory that manufactures potato chips and corn and oat snacks from primarily Finnish raw materials for both the domestic market and exports market; and Feelia a manufacturer of pre-cooked meals.

Fodelia Oyj (OHEL:FODELIA) Headlines

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