Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Days Payable : 32.89 (As of Dec. 2023)

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What is Schwalbchen Molkerei Jakob Berz AG Days Payable?

Schwalbchen Molkerei Jakob Berz AG's average Accounts Payable for the six months ended in Dec. 2023 was €15.0 Mil. Schwalbchen Molkerei Jakob Berz AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €166.5 Mil. Hence, Schwalbchen Molkerei Jakob Berz AG's Days Payable for the six months ended in Dec. 2023 was 16.44.

The historical rank and industry rank for Schwalbchen Molkerei Jakob Berz AG's Days Payable or its related term are showing as below:

FRA:SMB' s Days Payable Range Over the Past 10 Years
Min: 28.73 Med: 31.12 Max: 33.74
Current: 32.89

During the past 13 years, Schwalbchen Molkerei Jakob Berz AG's highest Days Payable was 33.74. The lowest was 28.73. And the median was 31.12.

FRA:SMB's Days Payable is ranked worse than
67.36% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs FRA:SMB: 32.89

Schwalbchen Molkerei Jakob Berz AG's Days Payable increased from Dec. 2021 (31.74) to Dec. 2023 (32.89). It may suggest that Schwalbchen Molkerei Jakob Berz AG delayed paying its suppliers.

Schwalbchen Molkerei Jakob Berz AG Days Payable Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz AG'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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Schwalbchen Molkerei Jakob Berz AG Days Payable Chart

Schwalbchen Molkerei Jakob Berz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.50

33.74

31.74

28.73

32.89

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial												30.50	33.74	31.74	28.73	32.89

Competitive Comparison of Schwalbchen Molkerei Jakob Berz AG's Days Payable

For the Packaged Foods subindustry, Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Schwalbchen Molkerei Jakob Berz AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Schwalbchen Molkerei Jakob Berz AG's Days Payable falls into.

Schwalbchen Molkerei Jakob Berz AG 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.

Schwalbchen Molkerei Jakob Berz AG'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
=	( (14.933	+	15.066)	/	2 )	/	166.46	*	365
=	14.9995					/	166.46	*	365
=	32.89

Schwalbchen Molkerei Jakob Berz AG'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14.933	+	15.066)	/	2 )	/	166.46	*	365 / 2
=	14.9995					/	166.46	*	365 / 2
=	16.44

Schwalbchen Molkerei Jakob Berz AG Days Payable Related Terms

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Schwalbchen Molkerei Jakob Berz AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bad Schwalbach, Bad Schwalbach, DEU, 65307

Website

http://www.schwaelbchen-molkerei.de

Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWALBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.

Schwalbchen Molkerei Jakob Berz AG Headlines

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