Ceylon Cold Stores (COL:CCS.N0000) Days Payable : 45.62 (As of Mar. 2024)

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What is Ceylon Cold Stores Days Payable?

Ceylon Cold Stores's average Accounts Payable for the three months ended in Mar. 2024 was රු15,484 Mil. Ceylon Cold Stores's Cost of Goods Sold for the three months ended in Mar. 2024 was රු30,971 Mil. Hence, Ceylon Cold Stores's Days Payable for the three months ended in Mar. 2024 was 45.62.

The historical rank and industry rank for Ceylon Cold Stores's Days Payable or its related term are showing as below:

COL:CCS.N0000' s Days Payable Range Over the Past 10 Years
Min: 33.23 Med: 37.97 Max: 44.84
Current: 43.06

During the past 13 years, Ceylon Cold Stores's highest Days Payable was 44.84. The lowest was 33.23. And the median was 37.97.

COL:CCS.N0000's Days Payable is ranked worse than
70.64% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 61.42 vs COL:CCS.N0000: 43.06

Ceylon Cold Stores's Days Payable increased from Mar. 2023 (45.07) to Mar. 2024 (45.62). It may suggest that Ceylon Cold Stores delayed paying its suppliers.

Ceylon Cold Stores Days Payable Historical Data

The historical data trend for Ceylon Cold Stores'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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Ceylon Cold Stores Days Payable Chart

Ceylon Cold Stores Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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35.14

40.18

40.63

33.23

37.66

Ceylon Cold Stores Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															45.07	39.76	45.27	47.03	45.62

Competitive Comparison of Ceylon Cold Stores's Days Payable

For the Beverages - Non-Alcoholic subindustry, Ceylon Cold Stores'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.

Ceylon Cold Stores's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ceylon Cold Stores's Days Payable distribution charts can be found below:

* The bar in red indicates where Ceylon Cold Stores's Days Payable falls into.

Ceylon Cold Stores 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.

Ceylon Cold Stores's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (11424.935	+	13775.679)	/	2 )	/	122127.48	*	365
=	12600.307					/	122127.48	*	365
=	37.66

Ceylon Cold Stores's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (17192.979	+	13775.679)	/	2 )	/	30971.024	*	365 / 4
=	15484.329					/	30971.024	*	365 / 4
=	45.62

Ceylon Cold Stores Days Payable Related Terms

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Ceylon Cold Stores (COL:CCS.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Ceylon Cold Stores PLC (COL:CCS.N0000) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 148, Vauxhall Street, Colombo, LKA, 02

Website

https://www.elephanthouse.lk

Ceylon Cold Stores PLC is a Sri Lankan company that is engaged in the manufacturing and marketing of beverages and frozen confectionery. The company operates through two business segments namely Manufacturing and Supermarkets. It generates maximum revenue from the Supermarkets segment. The company offers carbonated soft drinks, including ginger beer, cream, and apple soda, raspberry flavored Necto, orange-flavored orange crush and orange barley, lemonade, dry ginger ale, and toni, bottled drinking water, energy drinks, and ice creams. Geographically, it derives a majority of its revenue from Sri Lanka.

Ceylon Cold Stores (COL:CCS.N0000) Headlines

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