Mowi ASA (Mowi ASA) Days Payable

: 82.96 (As of Dec. 2023)

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Mowi ASA's average Accounts Payable for the three months ended in Dec. 2023 was $611 Mil. Mowi ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was $673 Mil. Hence, Mowi ASA's Days Payable for the three months ended in Dec. 2023 was 82.96.

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

MHGVY' s Days Payable Range Over the Past 10 Years
Min: 48.01 Med: 62.64 Max: 83.82
Current: 64.81

During the past 13 years, Mowi ASA's highest Days Payable was 83.82. The lowest was 48.01. And the median was 62.64.

MHGVY's Days Payable is ranked better than
68.47% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs MHGVY: 64.81

Mowi ASA's Days Payable increased from Dec. 2022 (63.28) to Dec. 2023 (82.96). It may suggest that Mowi ASA delayed paying its suppliers.

Mowi ASA Days Payable Historical Data

The historical data trend for Mowi 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.

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Mowi ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.48

50.68

64.62

72.01

66.58

Mowi 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															63.28	66.32	-	-	82.96

Competitive Comparison

For the Farm Products subindustry, Mowi 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.

Mowi ASA Days Payable Distribution

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

* The bar in red indicates where Mowi ASA's Days Payable falls into.

Mowi 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.

Mowi 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
=	( (462.924	+	611.45)	/	2 )	/	2945.147	*	365
=	537.187					/	2945.147	*	365
=	66.58

Mowi 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
=	( (0	+	611.45)	/	1 )	/	672.519	*	365 / 4
=	611.45					/	672.519	*	365 / 4
=	82.96

Mowi ASA Days Payable Related Terms

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Mowi ASA (Mowi ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mowi ASA (OTCPK:MHGVY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MNHVF:USA MOWI:Sweden MOWI:Norway MOWIo:UK 0OAW:UK PND:Germany

Address

Sandviksboder 77A/B, Bergen, NOR, 5035

Website

https://www.mowi.com

Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (Mowi ASA) Headlines

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