Stara Planina Holding AD (LTS:0O2S) Days Payable : 85.16 (As of Sep. 2023)

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What is Stara Planina Holding AD Days Payable?

Stara Planina Holding AD's average Accounts Payable for the three months ended in Sep. 2023 was лв28.3 Mil. Stara Planina Holding AD's Cost of Goods Sold for the three months ended in Sep. 2023 was лв30.4 Mil. Hence, Stara Planina Holding AD's Days Payable for the three months ended in Sep. 2023 was 85.16.

The historical rank and industry rank for Stara Planina Holding AD's Days Payable or its related term are showing as below:

LTS:0O2S' s Days Payable Range Over the Past 10 Years
Min: 40.84 Med: 46.88 Max: 56.51
Current: 46.1

During the past 13 years, Stara Planina Holding AD's highest Days Payable was 56.51. The lowest was 40.84. And the median was 46.88.

LTS:0O2S's Days Payable is ranked worse than
73.65% of 2934 companies
in the Industrial Products industry
Industry Median: 76.49 vs LTS:0O2S: 46.10

Stara Planina Holding AD's Days Payable increased from Sep. 2022 (67.60) to Sep. 2023 (85.16). It may suggest that Stara Planina Holding AD delayed paying its suppliers.

Stara Planina Holding AD Days Payable Historical Data

The historical data trend for Stara Planina Holding AD'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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Stara Planina Holding AD Days Payable Chart

Stara Planina Holding AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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48.08

41.69

47.37

45.11

40.84

Stara Planina Holding AD Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															67.60	32.84	47.83	44.40	85.16

Competitive Comparison of Stara Planina Holding AD's Days Payable

For the Specialty Industrial Machinery subindustry, Stara Planina Holding AD'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.

Stara Planina Holding AD's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Stara Planina Holding AD's Days Payable falls into.

Stara Planina Holding AD 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.

Stara Planina Holding AD's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (23.765	+	26.572)	/	2 )	/	224.929	*	365
=	25.1685					/	224.929	*	365
=	40.84

Stara Planina Holding AD's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (31.393	+	25.273)	/	2 )	/	30.36	*	365 / 4
=	28.333					/	30.36	*	365 / 4
=	85.16

Stara Planina Holding AD Days Payable Related Terms

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Stara Planina Holding AD (LTS:0O2S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stara Planina Holding AD (LTS:0O2S) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SPH:Bulgaria

Address

20, Frederic Joliot-Curie Street, 9th Floor, Sofia, BGR, 1113

Website

https://www.sphold.com

Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation and sale of shareholdings in Bulgarian and foreign companies; acquisition, management and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry and Financial.

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