MKKOF (Marimekko Oyj) Days Payable : 63.19 (As of Dec. 2024)

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What is Marimekko Oyj Days Payable?

Marimekko Oyj's average Accounts Payable for the three months ended in Dec. 2024 was $16.8 Mil. Marimekko Oyj's Cost of Goods Sold for the three months ended in Dec. 2024 was $24.3 Mil. Hence, Marimekko Oyj's Days Payable for the three months ended in Dec. 2024 was 63.19.

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

MKKOF' s Days Payable Range Over the Past 10 Years
Min: 48.22 Med: 57.73 Max: 86.25
Current: 84.64

During the past 13 years, Marimekko Oyj's highest Days Payable was 86.25. The lowest was 48.22. And the median was 57.73.

MKKOF's Days Payable is ranked better than
69.35% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.37 vs MKKOF: 84.64

Marimekko Oyj's Days Payable declined from Dec. 2023 (66.73) to Dec. 2024 (63.19). It may suggest that Marimekko Oyj accelerated paying its suppliers.

Marimekko Oyj Days Payable Historical Data

The historical data trend for Marimekko Oyj'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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Marimekko Oyj Days Payable Chart

Marimekko Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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58.41

62.31

60.73

52.20

49.29

Marimekko Oyj 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															66.73	95.45	113.88	115.00	63.19

Competitive Comparison of Marimekko Oyj's Days Payable

For the Apparel Manufacturing subindustry, Marimekko Oyj'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.

Marimekko Oyj's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Marimekko Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Marimekko Oyj's Days Payable falls into.

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Marimekko Oyj 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.

Marimekko Oyj'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
=	( (10.696	+	9.714)	/	2 )	/	75.568	*	365
=	10.205					/	75.568	*	365
=	49.29

Marimekko Oyj'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
=	( (23.959	+	9.714)	/	2 )	/	24.314	*	365 / 4
=	16.8365					/	24.314	*	365 / 4
=	63.19

Marimekko Oyj Days Payable Related Terms

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Marimekko Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Marimekko Oyj (OTCPK:MKKOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MEKKOh:UK 0JX9:UK MEKKO:Finland N97:Germany

Address

Puusepankatu 4, Helsinki, FIN, 00880

Website

https://www.marimekko.com

Marimekko Oyj is a Finnish lifestyle design company. It designs and manufactures apparel and accessories. The company's product portfolio includes clothing, bags, and accessories including shoes, socks, tights, jewellery, scarves, belts, and umbrellas as well as home decor items ranging from textiles to tableware. Its market areas are Finland, Scandinavia, EMEA, North America, Asia-Pacific, and International sales. The group generates the majority of its revenue from Finland market.