Veg of Lund AB (OSTO:VOLAB) Days Payable : 2,963.64 (As of Mar. 2024)

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What is Veg of Lund AB Days Payable?

Veg of Lund AB's average Accounts Payable for the three months ended in Mar. 2024 was kr2.24 Mil. Veg of Lund AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.07 Mil. Hence, Veg of Lund AB's Days Payable for the three months ended in Mar. 2024 was 2,963.64.

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

OSTO:VOLAB' s Days Payable Range Over the Past 10 Years
Min: 128.02 Med: 325.02 Max: 872.74
Current: 594.3

During the past 7 years, Veg of Lund AB's highest Days Payable was 872.74. The lowest was 128.02. And the median was 325.02.

OSTO:VOLAB's Days Payable is ranked better than
97.31% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs OSTO:VOLAB: 594.30

Veg of Lund AB's Days Payable increased from Dec. 2022 (330.31) to Mar. 2024 (2,963.64). It may suggest that Veg of Lund AB delayed paying its suppliers.

Veg of Lund AB Days Payable Historical Data

The historical data trend for Veg of Lund 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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Veg of Lund AB Days Payable Chart

Veg of Lund AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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231.61

461.05

872.74

244.52

405.52

Veg of Lund AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															330.31	233.97	303.36	408.50	2,963.64

Competitive Comparison of Veg of Lund AB's Days Payable

For the Packaged Foods subindustry, Veg of Lund 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.

Veg of Lund AB's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Veg of Lund AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Veg of Lund AB's Days Payable falls into.

Veg of Lund 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.

Veg of Lund AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.455	+	4.1)	/	2 )	/	2.5	*	365
=	2.7775					/	2.5	*	365
=	405.52

Veg of Lund 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.967	+	2.515)	/	2 )	/	0.069	*	365 / 4
=	2.241					/	0.069	*	365 / 4
=	2,963.64

Veg of Lund AB Days Payable Related Terms

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Veg of Lund AB (OSTO:VOLAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Veg of Lund AB (OSTO:VOLAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VOH:Germany

Address

Scheelevagen 22, Lund, SWE, SE-223 63

Website

https://www.dugdrinks.com

Veg of Lund AB is plant-based goodness from Swedish food innovation. The company develops unique plant-based foods. The company owns patented methods for developing new food categories for plant-based foods. Its products are sold in Europe and Asia under the DUG brand.

Veg of Lund AB (OSTO:VOLAB) Headlines

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