Scandinavian Tobacco Group AS (LTS:0RES) Days Payable : 30.46 (As of Dec. 2024)

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What is Scandinavian Tobacco Group AS Days Payable?

Scandinavian Tobacco Group AS's average Accounts Payable for the three months ended in Dec. 2024 was kr432 Mil. Scandinavian Tobacco Group AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr1,295 Mil. Hence, Scandinavian Tobacco Group AS's Days Payable for the three months ended in Dec. 2024 was 30.46.

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

LTS:0RES' s Days Payable Range Over the Past 10 Years
Min: 33.06 Med: 39.9 Max: 45.61
Current: 33.54

During the past 13 years, Scandinavian Tobacco Group AS's highest Days Payable was 45.61. The lowest was 33.06. And the median was 39.90.

LTS:0RES's Days Payable is ranked worse than
73.47% of 49 companies
in the Tobacco Products industry
Industry Median: 62 vs LTS:0RES: 33.54

Scandinavian Tobacco Group AS's Days Payable declined from Dec. 2023 (41.80) to Dec. 2024 (30.46). It may suggest that Scandinavian Tobacco Group AS accelerated paying its suppliers.

Scandinavian Tobacco Group AS Days Payable Historical Data

The historical data trend for Scandinavian Tobacco Group 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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Scandinavian Tobacco Group AS Days Payable Chart

Scandinavian Tobacco Group AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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36.52

45.61

41.43

40.92

33.06

Scandinavian Tobacco Group AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															41.80	42.59	32.29	30.87	30.46

Competitive Comparison of Scandinavian Tobacco Group AS's Days Payable

For the Tobacco subindustry, Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group AS's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group AS's Days Payable falls into.

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Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (508.2	+	383.6)	/	2 )	/	4923.6	*	365
=	445.9					/	4923.6	*	365
=	33.06

Scandinavian Tobacco Group AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (481.3	+	383.6)	/	2 )	/	1295.4	*	365 / 4
=	432.45					/	1295.4	*	365 / 4
=	30.46

Scandinavian Tobacco Group AS Days Payable Related Terms

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Scandinavian Tobacco Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group AS (LTS:0RES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA STGc:UK STG:Denmark 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.

Scandinavian Tobacco Group AS Headlines

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