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Emmi AG (XSWX:EMMN) Days Payable : 41.62 (As of Dec. 2023)


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What is Emmi AG Days Payable?

Emmi AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF310 Mil. Emmi AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,359 Mil. Hence, Emmi AG's Days Payable for the six months ended in Dec. 2023 was 41.62.

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

XSWX:EMMN' s Days Payable Range Over the Past 10 Years
Min: 44.14   Med: 48.51   Max: 56.39
Current: 44.14

During the past 13 years, Emmi AG's highest Days Payable was 56.39. The lowest was 44.14. And the median was 48.51.

XSWX:EMMN's Days Payable is ranked worse than
52.21% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XSWX:EMMN: 44.14

Emmi AG's Days Payable declined from Dec. 2022 (43.80) to Dec. 2023 (41.62). It may suggest that Emmi AG accelerated paying its suppliers.


Emmi AG Days Payable Historical Data

The historical data trend for Emmi AG'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.

Emmi AG Days Payable Chart

Emmi AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.79 47.58 46.58 44.88 44.60

Emmi AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.16 45.72 43.80 46.25 41.62

Competitive Comparison of Emmi AG's Days Payable

For the Packaged Foods subindustry, Emmi AG'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.


Emmi AG's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Emmi AG's Days Payable falls into.



Emmi AG 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.

Emmi AG'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
=( (354.931 + 301.841) / 2 ) / 2687.246*365
=328.386 / 2687.246*365
=44.60

Emmi AG'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
=( (318.173 + 301.841) / 2 ) / 1359.283*365 / 2
=310.007 / 1359.283*365 / 2
=41.62

* 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.


Emmi AG Days Payable Related Terms

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Emmi AG (XSWX:EMMN) Business Description

Traded in Other Exchanges
Address
Landenbergstrasse 1, Lucerne, CHE, CH-6005
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world (below 5%). By product category, dairy products, cheese, and fresh products are the largest segments. The company also offers powder/concentrates among other products/services. The company's key brands include Caffe Latte, YoQua and Jogurtpur in the fresh products category, and Kaltbach and Der Scharfe Maxx in the cheese segment.

Emmi AG (XSWX:EMMN) Headlines

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