Bakkafrost P/F (FRA:6BF) Days Payable : 74.11 (As of Sep. 2024)

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What is Bakkafrost P/F Days Payable?

Bakkafrost P/F's average Accounts Payable for the three months ended in Sep. 2024 was €100 Mil. Bakkafrost P/F's Cost of Goods Sold for the three months ended in Sep. 2024 was €123 Mil. Hence, Bakkafrost P/F's Days Payable for the three months ended in Sep. 2024 was 74.11.

The historical rank and industry rank for Bakkafrost P/F's Days Payable or its related term are showing as below:

FRA:6BF' s Days Payable Range Over the Past 10 Years
Min: 31.47 Med: 85.89 Max: 173.12
Current: 71.97

During the past 13 years, Bakkafrost P/F's highest Days Payable was 173.12. The lowest was 31.47. And the median was 85.89.

FRA:6BF's Days Payable is ranked better than
71.21% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs FRA:6BF: 71.97

Bakkafrost P/F's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (74.11). It may suggest that Bakkafrost P/F delayed paying its suppliers.

Bakkafrost P/F Days Payable Historical Data

The historical data trend for Bakkafrost P/F'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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Bakkafrost P/F Days Payable Chart

Bakkafrost P/F Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.52

115.52

124.27

89.10

61.96

Bakkafrost P/F 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															-	149.66	44.75	53.80	74.11

Competitive Comparison of Bakkafrost P/F's Days Payable

For the Farm Products subindustry, Bakkafrost P/F'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.

Bakkafrost P/F's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bakkafrost P/F's Days Payable distribution charts can be found below:

* The bar in red indicates where Bakkafrost P/F's Days Payable falls into.

Bakkafrost P/F 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.

Bakkafrost P/F'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
=	( (64.352	+	52.005)	/	2 )	/	342.709	*	365
=	58.1785					/	342.709	*	365
=	61.96

Bakkafrost P/F'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
=	( (98.043	+	102.191)	/	2 )	/	123.278	*	365 / 4
=	100.117					/	123.278	*	365 / 4
=	74.11

Bakkafrost P/F Days Payable Related Terms

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Bakkafrost P/F Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bakkafrost P/F (FRA:6BF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BKFKY:USA BKFKF:USA BAKKAO:Sweden BAKKA:Norway BAKKAo:UK 0MQ2:UK

Address

Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625

Website

https://www.bakkafrost.com

Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into segments namely, Fishmeal, oil and feed segment, Freshwater FO segment, Farming FO segment, Freshwater SCT segment, Farming SCT segment, services, sales, and others. Geographically, the company derives maximum revenue from Western Europe.

Bakkafrost P/F Headlines

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