Krasnyj Octyabr PJSC (MIC:KROTP) Days Payable: 61.36 (As of Dec. 2022)

What is Krasnyj Octyabr PJSC Days Payable?

Krasnyj Octyabr PJSC MIC:KROTP -1.00% 17 Days Payable is 61.36 as of Dec. 2022. GuruFocus rates MIC:KROTP with a GF Score™ of 17/100.

Krasnyj Octyabr PJSC's average Accounts Payable for the six months ended in Dec. 2022 was ₽2,968 Mil. Krasnyj Octyabr PJSC's Cost of Goods Sold for the six months ended in Dec. 2022 was ₽8,828 Mil. Hence, Krasnyj Octyabr PJSC's Days Payable for the six months ended in Dec. 2022 was 61.36.

The historical rank and industry rank for Krasnyj Octyabr PJSC's Days Payable or its related term are showing as below:

MIC:KROTP's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 44.145
* Ranked among companies with meaningful Days Payable only.

Krasnyj Octyabr PJSC's Days Payable increased from Dec. 2021 (47.61) to Dec. 2022 (61.36). It may suggest that Krasnyj Octyabr PJSC delayed paying its suppliers.

Krasnyj Octyabr PJSC Days Payable Related Terms

Krasnyj Octyabr PJSC Days Payable Historical Data

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The historical data trend for Krasnyj Octyabr PJSC'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.

Krasnyj Octyabr PJSC Days Payable Chart

Krasnyj Octyabr PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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66.57

63.73

68.65

60.94

69.59

Krasnyj Octyabr PJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Payable	Get a 7-Day Free Trial															56.87	68.05	47.61	62.71	61.36

MIC:KROTP vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Krasnyj Octyabr PJSC'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.

Krasnyj Octyabr PJSC Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Krasnyj Octyabr PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Krasnyj Octyabr PJSC's Days Payable falls into.

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17GF Score

Krasnyj Octyabr PJSC MIC:KROTP

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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Krasnyj Octyabr PJSC 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.

Krasnyj Octyabr PJSC'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
=	( (2410.171	+	3593.395)	/	2 )	/	15743.838	*	365
=	3001.783					/	15743.838	*	365
=	69.59

Krasnyj Octyabr PJSC's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (2342.784	+	3593.395)	/	2 )	/	8827.52	*	365 / 2
=	2968.0895					/	8827.52	*	365 / 2
=	61.36

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 61.36 mean?

Krasnyj Octyabr PJSC (MIC:KROTP) has a Days Payable of 61.36 as of Dec. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Krasnyj Octyabr PJSC and its competitors.

Is Krasnyj Octyabr PJSC's Days Payable too high?

Krasnyj Octyabr PJSC's current Days Payable is 61.36. The Consumer Packaged Goods industry median Days Payable is 44.15. Krasnyj Octyabr PJSC's value of 61.36 is 39% above this industry median. Overall, Krasnyj Octyabr PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Krasnyj Octyabr PJSC's Days Payable compare to MDLZ and HSY?

Krasnyj Octyabr PJSC's Days Payable of 61.36 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. Krasnyj Octyabr PJSC's value of 61.36 is 39% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Consumer Packaged Goods company?

The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,888 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Krasnyj Octyabr PJSC's current Days Payable of 61.36 is 39% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Krasnyj Octyabr PJSC and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krasnyj Octyabr PJSC's current Days Payable is 61.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Krasnyj Octyabr PJSC stock overvalued right now?

Krasnyj Octyabr PJSC (MIC:KROTP) has a current Days Payable of 61.36. The current Days Payable is 61.36 and 39% above the Consumer Packaged Goods industry median of 44.15. Krasnyj Octyabr PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Krasnyj Octyabr PJSC (MIC:KROTP), the current Days Payable is 61.36 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Krasnyj Octyabr PJSC Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies CAI:ISPH CAI:ZMID CAI:MTIE CAI:POUL CAI:OCDI CAI:SCTS CAI:TALM CAI:COSG CAI:RMDA CAI:RAYA MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990

Address ul. Malaya Krasnoselskaya, 7, Moscow, RUS, 107140

Website http://www.redoct.msk.ru

Krasnyj Octyabr PJSC is a Russia-based engaged in the production of confectionery and chocolate products.

17GF Score

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