The Artisanal Spirits Co (FRA:045) Days Payable : 102.22 (As of Dec. 2023)

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What is The Artisanal Spirits Co Days Payable?

The Artisanal Spirits Co's average Accounts Payable for the six months ended in Dec. 2023 was €2.92 Mil. The Artisanal Spirits Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.21 Mil. Hence, The Artisanal Spirits Co's Days Payable for the six months ended in Dec. 2023 was 102.22.

The historical rank and industry rank for The Artisanal Spirits Co's Days Payable or its related term are showing as below:

FRA:045' s Days Payable Range Over the Past 10 Years
Min: 17.37 Med: 42.23 Max: 76
Current: 75.41

During the past 6 years, The Artisanal Spirits Co's highest Days Payable was 76.00. The lowest was 17.37. And the median was 42.23.

FRA:045's Days Payable is ranked worse than
53.47% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 79.445 vs FRA:045: 75.41

The Artisanal Spirits Co's Days Payable declined from Dec. 2022 (132.48) to Dec. 2023 (102.22). It may suggest that The Artisanal Spirits Co accelerated paying its suppliers.

The Artisanal Spirits Co Days Payable Historical Data

The historical data trend for The Artisanal Spirits Co'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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The Artisanal Spirits Co Days Payable Chart

The Artisanal Spirits Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.21

78.43

59.40

29.36

17.32

The Artisanal Spirits Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					92.47	166.49	132.48	107.25	102.22

Competitive Comparison of The Artisanal Spirits Co's Days Payable

For the Beverages - Wineries & Distilleries subindustry, The Artisanal Spirits Co'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.

The Artisanal Spirits Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Artisanal Spirits Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Artisanal Spirits Co's Days Payable falls into.

The Artisanal Spirits Co 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.

The Artisanal Spirits Co'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
=	( (0.301	+	0.635)	/	2 )	/	9.865	*	365
=	0.468					/	9.865	*	365
=	17.32

The Artisanal Spirits Co'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.197	+	0.635)	/	2 )	/	5.206	*	365 / 2
=	2.916					/	5.206	*	365 / 2
=	102.22

The Artisanal Spirits Co Days Payable Related Terms

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The Artisanal Spirits Co (FRA:045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Artisanal Spirits Co PLC (FRA:045) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ART:UK

Address

87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ

Website

https://www.artisanal-spirits.com

The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (FRA:045) Headlines

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