Rapala VMC (LTS:0MEF) Days Payable : 41.74 (As of Dec. 2023)

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What is Rapala VMC Days Payable?

Rapala VMC's average Accounts Payable for the six months ended in Dec. 2023 was €11.0 Mil. Rapala VMC's Cost of Goods Sold for the six months ended in Dec. 2023 was €48.1 Mil. Hence, Rapala VMC's Days Payable for the six months ended in Dec. 2023 was 41.74.

The historical rank and industry rank for Rapala VMC's Days Payable or its related term are showing as below:

LTS:0MEF' s Days Payable Range Over the Past 10 Years
Min: 35.07 Med: 47.26 Max: 54.14
Current: 44.63

During the past 13 years, Rapala VMC's highest Days Payable was 54.14. The lowest was 35.07. And the median was 47.26.

LTS:0MEF's Days Payable is ranked worse than
59.66% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.71 vs LTS:0MEF: 44.63

Rapala VMC's Days Payable increased from Dec. 2022 (37.21) to Dec. 2023 (41.74). It may suggest that Rapala VMC delayed paying its suppliers.

Rapala VMC Days Payable Historical Data

The historical data trend for Rapala VMC'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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Rapala VMC Days Payable Chart

Rapala VMC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.39

35.07

49.57

52.04

44.63

Rapala VMC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															64.54	66.26	37.21	47.53	41.74

Competitive Comparison of Rapala VMC's Days Payable

For the Leisure subindustry, Rapala VMC'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.

Rapala VMC's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rapala VMC's Days Payable distribution charts can be found below:

* The bar in red indicates where Rapala VMC's Days Payable falls into.

Rapala VMC 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.

Rapala VMC'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
=	( (12.5	+	11)	/	2 )	/	96.1	*	365
=	11.75					/	96.1	*	365
=	44.63

Rapala VMC'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
=	( (0	+	11)	/	1 )	/	48.1	*	365 / 2
=	11					/	48.1	*	365 / 2
=	41.74

Rapala VMC Days Payable Related Terms

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Rapala VMC (LTS:0MEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rapala VMC Corp (LTS:0MEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RAP1V:Finland RAP:Germany

Address

Makelankatu 87, Helsinki, FIN, 00610

Website

https://www.rapalavmc.com

Rapala VMC Corp is a fishing tackle company. It is engaged in the business of manufacturing, sourcing and distributing mainly fishing tackle equipment as well as hunting, outdoor and winter sports equipment. The company's products include fishing lures, treble hooks, fishing related knives and hooks etc. The firm markets and sells its products under Sufix, Mora Ice, Peltonen, Williamson, VMC, Storm, Blue fox and Rapala brand names. The company has Group products and Third-party products operating segments. It derives the majority of its revenues from the Group products operating segment.

Rapala VMC (LTS:0MEF) Headlines

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