UPM-Kymmene Oyj (CHIX:UPMH) Days Payable : 100.31 (As of Sep. 2024)

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What is UPM-Kymmene Oyj Days Payable?

UPM-Kymmene Oyj's average Accounts Payable for the three months ended in Sep. 2024 was €2,326 Mil. UPM-Kymmene Oyj's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,116 Mil. Hence, UPM-Kymmene Oyj's Days Payable for the three months ended in Sep. 2024 was 100.31.

The historical rank and industry rank for UPM-Kymmene Oyj's Days Payable or its related term are showing as below:

CHIX:UPMh' s Days Payable Range Over the Past 10 Years
Min: 48.23 Med: 68.96 Max: 107.92
Current: 107.92

During the past 13 years, UPM-Kymmene Oyj's highest Days Payable was 107.92. The lowest was 48.23. And the median was 68.96.

CHIX:UPMh's Days Payable is ranked better than
83.03% of 277 companies
in the Forest Products industry
Industry Median: 56.24 vs CHIX:UPMh: 107.92

UPM-Kymmene Oyj's Days Payable increased from Sep. 2023 (86.13) to Sep. 2024 (100.31). It may suggest that UPM-Kymmene Oyj delayed paying its suppliers.

UPM-Kymmene Oyj Days Payable Historical Data

The historical data trend for UPM-Kymmene Oyj'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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UPM-Kymmene Oyj Days Payable Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.43

71.49

80.19

87.26

77.84

UPM-Kymmene Oyj 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															86.13	905.84	65.79	82.67	100.31

Competitive Comparison of UPM-Kymmene Oyj's Days Payable

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where UPM-Kymmene Oyj's Days Payable falls into.

UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj'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
=	( (1855	+	1297)	/	2 )	/	7390	*	365
=	1576					/	7390	*	365
=	77.84

UPM-Kymmene Oyj'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
=	( (2347	+	2305)	/	2 )	/	2116	*	365 / 4
=	2326					/	2116	*	365 / 4
=	100.31

UPM-Kymmene Oyj Days Payable Related Terms

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UPM-Kymmene Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (CHIX:UPMh) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMKF:USA 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

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