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Scandic Hotels Group AB (CHIX:SHOTS) Days Payable : 0.00 (As of Sep. 2024)


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What is Scandic Hotels Group AB Days Payable?

Scandic Hotels Group AB's average Accounts Payable for the three months ended in Sep. 2024 was kr0 Mil. Scandic Hotels Group AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr2,146 Mil. Hence, Scandic Hotels Group AB's Days Payable for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Scandic Hotels Group AB's Days Payable or its related term are showing as below:

CHIX:SHOTs' s Days Payable Range Over the Past 10 Years
Min: 34.43   Med: 43.04   Max: 56.6
Current: 50.72

During the past 12 years, Scandic Hotels Group AB's highest Days Payable was 56.60. The lowest was 34.43. And the median was 43.04.

CHIX:SHOTs's Days Payable is ranked worse than
54.83% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs CHIX:SHOTs: 50.72

Scandic Hotels Group AB's Days Payable stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00). stayed the same


Scandic Hotels Group AB Days Payable Historical Data

The historical data trend for Scandic Hotels Group AB'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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Scandic Hotels Group AB Days Payable Chart

Scandic Hotels Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.90 51.46 56.60 50.59 47.43

Scandic Hotels Group AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 60.29 51.69 - -

Competitive Comparison of Scandic Hotels Group AB's Days Payable

For the Lodging subindustry, Scandic Hotels Group AB'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.


Scandic Hotels Group AB's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Scandic Hotels Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Scandic Hotels Group AB's Days Payable falls into.



Scandic Hotels Group AB 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.

Scandic Hotels Group AB'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
=( (986 + 1112) / 2 ) / 8072*365
=1049 / 8072*365
=47.43

Scandic Hotels Group AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2146*365 / 4
=0 / 2146*365 / 4
=0.00

* 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.


Scandic Hotels Group AB Days Payable Related Terms

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Scandic Hotels Group AB Business Description

Traded in Other Exchanges
Address
Sveavagen 167, P.O. Box 6197, Stockholm, SWE, SE-102 33
Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. It has a network of hotels in the Nordic market, which creates an offering for guests and customers. The majority of the company revenue comes from Room Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Finland, Other Europe, Central functions, and Norway.

Scandic Hotels Group AB Headlines

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