Chr. Hansen Holding A/S (OCSE:CHR) Days Payable : 64.15 (As of May. 2023)

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What is Chr. Hansen Holding A/S Days Payable?

Chr. Hansen Holding A/S's average Accounts Payable for the three months ended in May. 2023 was kr802 Mil. Chr. Hansen Holding A/S's Cost of Goods Sold for the three months ended in May. 2023 was kr1,141 Mil. Hence, Chr. Hansen Holding A/S's Days Payable for the three months ended in May. 2023 was 64.15.

The historical rank and industry rank for Chr. Hansen Holding A/S's Days Payable or its related term are showing as below:

OCSE:CHR' s Days Payable Range Over the Past 10 Years
Min: 69.19 Med: 83.85 Max: 126.92
Current: 69.19

During the past 13 years, Chr. Hansen Holding A/S's highest Days Payable was 126.92. The lowest was 69.19. And the median was 83.85.

OCSE:CHR's Days Payable is not ranked
in the Chemicals industry.
Industry Median: 60.45 vs OCSE:CHR: 69.19

Chr. Hansen Holding A/S's Days Payable declined from May. 2022 (68.91) to May. 2023 (64.15). It may suggest that Chr. Hansen Holding A/S accelerated paying its suppliers.

Chr. Hansen Holding A/S Days Payable Historical Data

The historical data trend for Chr. Hansen Holding A/S'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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Chr. Hansen Holding A/S Days Payable Chart

Chr. Hansen Holding A/S Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Days Payable

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84.00

126.92

110.37

91.83

89.13

Chr. Hansen Holding A/S Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Days Payable	Get a 7-Day Free Trial															68.91	76.33	77.07	65.02	64.15

Competitive Comparison of Chr. Hansen Holding A/S's Days Payable

For the Specialty Chemicals subindustry, Chr. Hansen Holding A/S'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.

Chr. Hansen Holding A/S's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chr. Hansen Holding A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Chr. Hansen Holding A/S's Days Payable falls into.

Chr. Hansen Holding A/S 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.

Chr. Hansen Holding A/S's Days Payable for the fiscal year that ended in Aug. 2022 is calculated as

	Days Payable (A: Aug. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2021 )	+	Accounts Payable (A: Aug. 2022 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2022 )	*	Days in Period
=	( (982.187	+	986.111)	/	2 )	/	4030.033	*	365
=	984.149					/	4030.033	*	365
=	89.13

Chr. Hansen Holding A/S's Days Payable for the quarter that ended in May. 2023 is calculated as:

	Days Payable (Q: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: May. 2023 ))	/	count )	/	Cost of Goods Sold (Q: May. 2023 )	*	Days in Period
=	( (847.627	+	756.274)	/	2 )	/	1140.745	*	365 / 4
=	801.9505					/	1140.745	*	365 / 4
=	64.15

Chr. Hansen Holding A/S Days Payable Related Terms

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Chr. Hansen Holding A/S (OCSE:CHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chr. Hansen Holding A/S (OCSE:CHR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CRTSF:USA CHYHY:USA CHRc:UK 0MR6:UK 51C:Germany

Address

Boge Alle 10-12, Horsholm, DNK, 2970

Website

https://www.chr-hansen.com

Founded in 1874 and relisted in 2010 after five years of private ownership, Chr. Hansen is a global bioscience company with more than 3,200 employees across 30 countries. Its segments include food cultures and enzymes that produce and sell innovative cultures, enzymes, and probiotic products that help determine the taste, flavor, texture, shelf-life, nutritional value, and health benefits of a variety of consumer products in the food industry, especially in the dairy industry; and health and nutrition that produce and sell products for the dietary supplement, over-the-counter pharmaceutical, infant formula, animal feed, and plant protection industries.