SeaDragon (NZSE:SEA) Days Payable : 22.13 (As of Sep. 2019)

View and export this data going back to 1986. Start your Free Trial

What is SeaDragon Days Payable?

SeaDragon's average Accounts Payable for the six months ended in Sep. 2019 was NZ$0.84 Mil. SeaDragon's Cost of Goods Sold for the six months ended in Sep. 2019 was NZ$6.93 Mil. Hence, SeaDragon's Days Payable for the six months ended in Sep. 2019 was 22.13.

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

NZSE:SEA's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 46.105
* Ranked among companies with meaningful Days Payable only.

SeaDragon's Days Payable declined from Sep. 2018 (34.51) to Sep. 2019 (22.13). It may suggest that SeaDragon accelerated paying its suppliers.

SeaDragon Days Payable Historical Data

The historical data trend for SeaDragon'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.

* Premium members only.

SeaDragon Days Payable Chart

SeaDragon Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Days Payable

Get a 7-Day Free Trial

68.04

38.68

34.08

23.15

30.00

SeaDragon Semi-Annual Data
	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20
Days Payable	Get a 7-Day Free Trial															56.92	34.51	40.81	22.13	-

Competitive Comparison of SeaDragon's Days Payable

For the Packaged Foods subindustry, SeaDragon'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.

SeaDragon's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

SeaDragon 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.

SeaDragon's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

	Days Payable (A: Mar. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2019 )	+	Accounts Payable (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (0.486	+	1.067)	/	2 )	/	9.448	*	365
=	0.7765					/	9.448	*	365
=	30.00

SeaDragon's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

	Days Payable (Q: Sep. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2019 )	+	Accounts Payable (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (0.486	+	1.194)	/	2 )	/	6.928	*	365 / 2
=	0.84					/	6.928	*	365 / 2
=	22.13

SeaDragon Days Payable Related Terms

Thank you for viewing the detailed overview of SeaDragon's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SeaDragon (NZSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SeaDragon Ltd (NZSE:SEA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Nayland Road, Stoke, Nelson, NZL, 7011

Website

http://www.seadragon.co.nz

SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

SeaDragon (NZSE:SEA) Headlines

From GuruFocus

Wilbur Ross Likes Alcoa, Shipping Industry Due to China

By Bram de Haas Bram de Haas • 01-11-2016