Scandinavian Tobacco Group A/S (OCSE:STG) Days Payable : 41.80 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Scandinavian Tobacco Group A/S Days Payable?

Scandinavian Tobacco Group A/S's average Accounts Payable for the three months ended in Dec. 2023 was kr543 Mil. Scandinavian Tobacco Group A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1,186 Mil. Hence, Scandinavian Tobacco Group A/S's Days Payable for the three months ended in Dec. 2023 was 41.80.

The historical rank and industry rank for Scandinavian Tobacco Group A/S's Days Payable or its related term are showing as below:

OCSE:STG' s Days Payable Range Over the Past 10 Years
Min: 36.29 Med: 40.34 Max: 45.61
Current: 40.3

During the past 12 years, Scandinavian Tobacco Group A/S's highest Days Payable was 45.61. The lowest was 36.29. And the median was 40.34.

OCSE:STG's Days Payable is ranked worse than
65.31% of 49 companies
in the Tobacco Products industry
Industry Median: 45.42 vs OCSE:STG: 40.30

Scandinavian Tobacco Group A/S's Days Payable declined from Dec. 2022 (43.11) to Dec. 2023 (41.80). It may suggest that Scandinavian Tobacco Group A/S accelerated paying its suppliers.

Scandinavian Tobacco Group A/S Days Payable Historical Data

The historical data trend for Scandinavian Tobacco Group 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.

* Premium members only.

Scandinavian Tobacco Group A/S Days Payable Chart

Scandinavian Tobacco Group A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.29

36.52

45.61

41.43

40.92

Scandinavian Tobacco Group A/S 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															43.11	44.96	34.99	39.62	41.80

Competitive Comparison of Scandinavian Tobacco Group A/S's Days Payable

For the Tobacco subindustry, Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group A/S's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Days Payable falls into.

Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group A/S'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
=	( (506.8	+	508.2)	/	2 )	/	4526.8	*	365
=	507.5					/	4526.8	*	365
=	40.92

Scandinavian Tobacco Group A/S'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
=	( (578.2	+	508.2)	/	2 )	/	1185.8	*	365 / 4
=	543.2					/	1185.8	*	365 / 4
=	41.80

Scandinavian Tobacco Group A/S Days Payable Related Terms

Thank you for viewing the detailed overview of Scandinavian Tobacco Group A/S's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group A/S (OCSE:STG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA 0RES:UK 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.