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Suominen Oyj (OHEL:SUY1V) Days Payable : 58.68 (As of Dec. 2024)


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What is Suominen Oyj Days Payable?

Suominen Oyj's average Accounts Payable for the three months ended in Dec. 2024 was €71.4 Mil. Suominen Oyj's Cost of Goods Sold for the three months ended in Dec. 2024 was €111.0 Mil. Hence, Suominen Oyj's Days Payable for the three months ended in Dec. 2024 was 58.68.

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

OHEL:SUY1V' s Days Payable Range Over the Past 10 Years
Min: 40.58   Med: 48.1   Max: 60.79
Current: 60.79

During the past 13 years, Suominen Oyj's highest Days Payable was 60.79. The lowest was 40.58. And the median was 48.10.

OHEL:SUY1V's Days Payable is ranked better than
64.52% of 1829 companies
in the Consumer Packaged Goods industry
Industry Median: 45.8 vs OHEL:SUY1V: 60.79

Suominen Oyj's Days Payable increased from Dec. 2023 (55.89) to Dec. 2024 (58.68). It may suggest that Suominen Oyj delayed paying its suppliers.


Suominen Oyj Days Payable Historical Data

The historical data trend for Suominen 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.

* Premium members only.

Suominen Oyj Days Payable Chart

Suominen Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.58 40.78 42.38 53.25 54.00

Suominen 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.89 58.93 65.33 67.05 58.68

Competitive Comparison of Suominen Oyj's Days Payable

For the Household & Personal Products subindustry, Suominen 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.


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

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

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


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Suominen 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.

Suominen 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
=( (60.343 + 67.654) / 2 ) / 432.589*365
=63.9985 / 432.589*365
=54.00

Suominen 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
=( (75.069 + 67.654) / 2 ) / 110.979*365 / 4
=71.3615 / 110.979*365 / 4
=58.68

* 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.


Suominen Oyj Days Payable Related Terms

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Suominen Oyj Business Description

Traded in Other Exchanges
Address
Karvaamokuja 2 B, 3rd Floor, Helsinki, FIN, FI-00380
Suominen Oyj manufactures nonwovens as roll goods for wipes and hygiene products and medical applications. Its products include wipes for personal hygiene, baby care, household and workplace, sanitary pads, diapers, and surgical drapes swabs. The firm generates the majority of its sales from the United States.

Suominen Oyj Headlines

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