SpartanNash Co (SpartanNash Co) Days Payable

: 23.44 (As of Dec. 2023)

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SpartanNash Co's average Accounts Payable for the three months ended in Dec. 2023 was $490 Mil. SpartanNash Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,906 Mil. Hence, SpartanNash Co's Days Payable for the three months ended in Dec. 2023 was 23.44.

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

SPTN' s Days Payable Range Over the Past 10 Years
Min: 11.9 Med: 20.05 Max: 22.12
Current: 21.77

During the past 13 years, SpartanNash Co's highest Days Payable was 22.12. The lowest was 11.90. And the median was 20.05.

SPTN's Days Payable is ranked worse than
88.35% of 309 companies
in the Retail - Defensive industry
Industry Median: 44.58 vs SPTN: 21.77

SpartanNash Co's Days Payable increased from Dec. 2022 (22.73) to Dec. 2023 (23.44). It may suggest that SpartanNash Co delayed paying its suppliers.

SpartanNash Co Days Payable Historical Data

The historical data trend for SpartanNash Co'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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SpartanNash Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.10

20.04

22.12

20.94

21.27

SpartanNash Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															22.73	18.07	23.28	23.94	23.44

Competitive Comparison

For the Food Distribution subindustry, SpartanNash Co'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.

SpartanNash Co Days Payable Distribution

For the Retail - Defensive industry and Consumer Defensive sector, SpartanNash Co's Days Payable distribution charts can be found below:

* The bar in red indicates where SpartanNash Co's Days Payable falls into.

SpartanNash Co 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.

SpartanNash Co'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
=	( (487.215	+	473.419)	/	2 )	/	8243.663	*	365
=	480.317					/	8243.663	*	365
=	21.27

SpartanNash Co'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
=	( (505.786	+	473.419)	/	2 )	/	1906.214	*	365 / 4
=	489.6025					/	1906.214	*	365 / 4
=	23.44

SpartanNash Co Days Payable Related Terms

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SpartanNash Co (SpartanNash Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » SpartanNash Co (NAS:SPTN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRJ:Germany

Address

850 76th Street SW, P.O. Box 8700, Grand Rapids, MI, USA, 49518-8700

Website

https://www.spartannash.com

SpartanNash Co is a food solutions company that delivers the ingredients for a better life. The company operates in two segments: Retail and Wholesale. The Company's Wholesale segment uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores. Majority of the revenue is earned from wholesale segment.

Executives

Kerrie D. Macpherson	director	5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
William R Voss	director	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hawthorne L. Proctor	director	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Bennett John Morgan	officer: SVP and Chief Mdsing Officer	850 76TH STREET SW, GRAND RAPIDS MI 49518
Matthew Mannelly	director	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Yvonne Trupiano	officer: Sr. VP Chief HR Officer	850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Pamela Puryear	director	253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Julien Mininberg	director	ONE HELEN OF TROY PLAZA, EL PASO TX 79912
Jaymin B Patel	director	C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Frank Gambino	director	C/O 850 - 76TH STREET SW, GRAND RAPIDS MI 49518
Ileana Mcalary	officer: SVP CLO and Secretary	850 76TH STREET SW, GRAND RAPIDS MI 49518
Kathleen M Mahoney	officer: Exec VP Gen Counsel and Secy	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Robert Todd Riksen	officer: VP, Corporate Controller	850 76TH STREET SW, GRAND RAPIDS MI 49518
Masiar Tayebi	officer: E.V.P., Chief Strategy Officer	850 76TH STREET SW, GRAND RAPIDS MI 49518
David J Petko	officer: Senior VP Supply Chain	850 76TH STREET SW, GRAND RAPIDS MI 49518