HKScan Oyj (OHEL:HKSAV) Days Payable : 32.43 (As of Mar. 2024)

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What is HKScan Oyj Days Payable?

HKScan Oyj's average Accounts Payable for the three months ended in Mar. 2024 was €76.4 Mil. HKScan Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €215.0 Mil. Hence, HKScan Oyj's Days Payable for the three months ended in Mar. 2024 was 32.43.

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

OHEL:HKSAV' s Days Payable Range Over the Past 10 Years
Min: 29.2 Med: 41.12 Max: 67.49
Current: 67.42

During the past 13 years, HKScan Oyj's highest Days Payable was 67.49. The lowest was 29.20. And the median was 41.12.

OHEL:HKSAV's Days Payable is ranked better than
69.41% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs OHEL:HKSAV: 67.42

HKScan Oyj's Days Payable declined from Mar. 2023 (61.53) to Mar. 2024 (32.43). It may suggest that HKScan Oyj accelerated paying its suppliers.

HKScan Oyj Days Payable Historical Data

The historical data trend for HKScan 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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HKScan Oyj Days Payable Chart

HKScan Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.92

36.89

42.32

67.49

48.95

HKScan Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															61.53	-	-	-	32.43

Competitive Comparison of HKScan Oyj's Days Payable

For the Packaged Foods subindustry, HKScan 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.

HKScan Oyj's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

HKScan 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.

HKScan Oyj'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
=	( (138.3	+	76.4)	/	2 )	/	800.4	*	365
=	107.35					/	800.4	*	365
=	48.95

HKScan Oyj's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (76.4	+	0)	/	1 )	/	215	*	365 / 4
=	76.4					/	215	*	365 / 4
=	32.43

HKScan Oyj Days Payable Related Terms

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HKScan Oyj (OHEL:HKSAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HKScan Oyj (OHEL:HKSAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lemminkaisenkatu 48, P.O. Box 50, Turku, FIN, FI-20520

Website

https://www.hkscan.com

HKScan Oyj is a Nordic food company. It sells, markets, and pork, beef, poultry, lamb products, processed meats, and convenient foods. Geographically, the company has its presence in Finland, Sweden, Baltics and Denmark. It generates the majority of its sales from Finland. The company's brands include HK, Kariniemen, Via, Scan, Parsons and Rose.

HKScan Oyj (OHEL:HKSAV) Headlines

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