Oatly Group AB (Oatly Group AB) Days Payable

: 36.13 (As of Dec. 2023)

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Oatly Group AB's average Accounts Payable for the three months ended in Dec. 2023 was $61.9 Mil. Oatly Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $156.3 Mil. Hence, Oatly Group AB's Days Payable for the three months ended in Dec. 2023 was 36.13.

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

OTLY' s Days Payable Range Over the Past 10 Years
Min: 40.99 Med: 49.89 Max: 79.54
Current: 40.99

During the past 5 years, Oatly Group AB's highest Days Payable was 79.54. The lowest was 40.99. And the median was 49.89.

OTLY's Days Payable is ranked worse than
73.15% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 59.3 vs OTLY: 40.99

Oatly Group AB's Days Payable declined from Dec. 2022 (41.34) to Dec. 2023 (36.13). It may suggest that Oatly Group AB accelerated paying its suppliers.

Oatly Group AB Days Payable Historical Data

The historical data trend for Oatly Group 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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Oatly Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

79.54

47.01

51.72

49.89

42.46

Oatly Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable													41.34	42.20	42.68	41.39	36.13

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Oatly Group 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.

Oatly Group AB Days Payable Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Oatly Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Oatly Group AB's Days Payable falls into.

Oatly Group 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.

Oatly Group 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
=	( (82.516	+	64.368)	/	2 )	/	631.265	*	365
=	73.442					/	631.265	*	365
=	42.46

Oatly Group AB'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (59.443	+	64.368)	/	2 )	/	156.343	*	365 / 4
=	61.9055					/	156.343	*	365 / 4
=	36.13

Oatly Group AB Days Payable Related Terms

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Oatly Group AB (Oatly Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Oatly Group AB (NAS:OTLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9ZX:Germany

Address

Ångfärjekajen 8, Malmo, SWE, 211 19

Website

https://www.oatly.com

Oatly Group AB is engaged in the food and drinks industry. Some of its products include Oat Drink, Chilled Oat Drink, Oatgurt, Creamy Oat, Icecreams, among others. It caters to Sweden, Germany, United Kingdom, Netherlands, North America, Finland, and Other markets.