Leroy Seafood Group ASA (Leroy Seafood Group ASA) Days Payable : 55.66 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Leroy Seafood Group ASA Days Payable?

Leroy Seafood Group ASA's average Accounts Payable for the three months ended in Dec. 2023 was $251 Mil. Leroy Seafood Group ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was $411 Mil. Hence, Leroy Seafood Group ASA's Days Payable for the three months ended in Dec. 2023 was 55.66.

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

LYSFY' s Days Payable Range Over the Past 10 Years
Min: 41.68 Med: 47.24 Max: 53.03
Current: 49.65

During the past 13 years, Leroy Seafood Group ASA's highest Days Payable was 53.03. The lowest was 41.68. And the median was 47.24.

LYSFY's Days Payable is ranked better than
54.59% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs LYSFY: 49.65

Leroy Seafood Group ASA's Days Payable increased from Dec. 2022 (44.02) to Dec. 2023 (55.66). It may suggest that Leroy Seafood Group ASA delayed paying its suppliers.

Leroy Seafood Group ASA Days Payable Historical Data

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Days Payable Chart

Leroy Seafood Group ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.26

41.20

45.75

53.94

50.35

Leroy Seafood Group ASA 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															44.02	62.69	46.14	42.33	55.66

Competitive Comparison of Leroy Seafood Group ASA's Days Payable

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Days Payable falls into.

Leroy Seafood Group ASA 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.

Leroy Seafood Group ASA'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
=	( (210.214	+	242.358)	/	2 )	/	1640.384	*	365
=	226.286					/	1640.384	*	365
=	50.35

Leroy Seafood Group ASA'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
=	( (259.252	+	242.358)	/	2 )	/	411.188	*	365 / 4
=	250.805					/	411.188	*	365 / 4
=	55.66

Leroy Seafood Group ASA Days Payable Related Terms

Thank you for viewing the detailed overview of Leroy Seafood Group ASA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Leroy Seafood Group ASA (Leroy Seafood Group ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Leroy Seafood Group ASA (OTCPK:LYSFY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LYSFF:USA LSGO:Sweden LSG:Norway 0GM2:UK Z1L:Germany

Address

Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006

Website

https://www.leroyseafood.com

Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.