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Chocoladefabriken Lindt & Spruengli AG (LTS:0QP1) Days Payable : 43.77 (As of Dec. 2023)


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What is Chocoladefabriken Lindt & Spruengli AG Days Payable?

Chocoladefabriken Lindt & Spruengli AG's average Accounts Payable for the six months ended in Dec. 2023 was CHF259 Mil. Chocoladefabriken Lindt & Spruengli AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,079 Mil. Hence, Chocoladefabriken Lindt & Spruengli AG's Days Payable for the six months ended in Dec. 2023 was 43.77.

The historical rank and industry rank for Chocoladefabriken Lindt & Spruengli AG's Days Payable or its related term are showing as below:

LTS:0QP1' s Days Payable Range Over the Past 10 Years
Min: 48.23   Med: 53.99   Max: 63.8
Current: 57.63

During the past 13 years, Chocoladefabriken Lindt & Spruengli AG's highest Days Payable was 63.80. The lowest was 48.23. And the median was 53.99.

LTS:0QP1's Days Payable is ranked better than
62.73% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.6 vs LTS:0QP1: 57.63

Chocoladefabriken Lindt & Spruengli AG's Days Payable increased from Dec. 2022 (42.50) to Dec. 2023 (43.77). It may suggest that Chocoladefabriken Lindt & Spruengli AG delayed paying its suppliers.


Chocoladefabriken Lindt & Spruengli AG Days Payable Historical Data

The historical data trend for Chocoladefabriken Lindt & Spruengli 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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Chocoladefabriken Lindt & Spruengli AG Days Payable Chart

Chocoladefabriken Lindt & Spruengli AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.89 54.09 51.13 57.48 63.80

Chocoladefabriken Lindt & Spruengli AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.36 63.48 42.50 73.11 43.77

Competitive Comparison of Chocoladefabriken Lindt & Spruengli AG's Days Payable

For the Confectioners subindustry, Chocoladefabriken Lindt & Spruengli 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.


Chocoladefabriken Lindt & Spruengli AG's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chocoladefabriken Lindt & Spruengli AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Chocoladefabriken Lindt & Spruengli AG's Days Payable falls into.



Chocoladefabriken Lindt & Spruengli 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.

Chocoladefabriken Lindt & Spruengli 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
=( (290.5 + 305.9) / 2 ) / 1706.1*365
=298.2 / 1706.1*365
=63.80

Chocoladefabriken Lindt & Spruengli 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (211.8 + 305.9) / 2 ) / 1079.2*365 / 2
=258.85 / 1079.2*365 / 2
=43.77

* 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.


Chocoladefabriken Lindt & Spruengli AG Days Payable Related Terms

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Chocoladefabriken Lindt & Spruengli AG (LTS:0QP1) Business Description

Address
Seestrasse 204, Kilchberg, CHE, CH-8802
Swiss-based Chocoladefabriken Lindt & Spruengli is a manufacturer of premium chocolate. Key brands include Lindt, Lindor, Ghirardelli, Russell Stover, Whitman's, and Caffarel. The company bought U.S.-based Russell Stover, its largest-ever acquisition, in 2014. It derives the bulk of its sales from Europe (46% of its consolidated base) but also competes in North America (41%) and the rest of the world (13%). The company operates 11 manufacturing plants in Europe and the United States. Its distribution network includes 500 own stores.

Chocoladefabriken Lindt & Spruengli AG (LTS:0QP1) Headlines

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