Matas AS (LTS:0QFA) Days Payable : 124.41 (As of Sep. 2024)

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What is Matas AS Days Payable?

Matas AS's average Accounts Payable for the three months ended in Sep. 2024 was kr1,362 Mil. Matas AS's Cost of Goods Sold for the three months ended in Sep. 2024 was kr999 Mil. Hence, Matas AS's Days Payable for the three months ended in Sep. 2024 was 124.41.

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

LTS:0QFA' s Days Payable Range Over the Past 10 Years
Min: 85.83 Med: 106.29 Max: 115.53
Current: 105.5

During the past 13 years, Matas AS's highest Days Payable was 115.53. The lowest was 85.83. And the median was 106.29.

LTS:0QFA's Days Payable is ranked better than
77.21% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 52.765 vs LTS:0QFA: 105.50

Matas AS's Days Payable declined from Sep. 2023 (131.36) to Sep. 2024 (124.41). It may suggest that Matas AS accelerated paying its suppliers.

Matas AS Days Payable Historical Data

The historical data trend for Matas AS'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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Matas AS Days Payable Chart

Matas AS Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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109.16

100.51

104.00

98.09

85.83

Matas AS 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															131.36	79.03	127.17	100.65	124.41

Competitive Comparison of Matas AS's Days Payable

For the Specialty Retail subindustry, Matas AS'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.

Matas AS's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Matas AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Matas AS's Days Payable falls into.

Matas AS 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.

Matas AS's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (634	+	1070)	/	2 )	/	3623	*	365
=	852					/	3623	*	365
=	85.83

Matas AS'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
=	( (1253	+	1471)	/	2 )	/	999	*	365 / 4
=	1362					/	999	*	365 / 4
=	124.41

Matas AS Days Payable Related Terms

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Matas AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Matas AS (LTS:0QFA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MATAS:Denmark 1MTA:Germany

Address

Rormosevej 1, Allerod, DNK, DK-3450

Website

https://www.matas.dk

Matas AS is a Denmark-based company engaged in a retail chain selling beauty, personal care, and health products. It has four categories. The high-end beauty products include luxury beauty products, including cosmetics, skincare, hair care products, and fragrances. The Mass Beauty products include everyday beauty products and personal care. Health and Wellbeing segment includes medicare, vitamins, minerals, supplements, specialty foods, herbal medicinal products, sports, nutrition and exercise, and special skincare products. The other segment includes clothing and accessories, house and garden, and other products. The company has two reportable segments Matas and KICKS. Geographically, it derives key revenue from Denmark, and the rest from Sweden, and other countries.

Matas AS Headlines

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