Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Days Payable : 35.74 (As of Feb. 2024)

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What is Olgeroin Egill Skallagrimsson hf Days Payable?

Olgeroin Egill Skallagrimsson hf's average Accounts Payable for the three months ended in Feb. 2024 was kr3,034 Mil. Olgeroin Egill Skallagrimsson hf's Cost of Goods Sold for the three months ended in Feb. 2024 was kr7,747 Mil. Hence, Olgeroin Egill Skallagrimsson hf's Days Payable for the three months ended in Feb. 2024 was 35.74.

The historical rank and industry rank for Olgeroin Egill Skallagrimsson hf's Days Payable or its related term are showing as below:

OISE:OLGERD' s Days Payable Range Over the Past 10 Years
Min: 27.42 Med: 30.18 Max: 34.33
Current: 34.33

During the past 6 years, Olgeroin Egill Skallagrimsson hf's highest Days Payable was 34.33. The lowest was 27.42. And the median was 30.18.

OISE:OLGERD's Days Payable is ranked worse than
84.16% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 77.86 vs OISE:OLGERD: 34.33

Olgeroin Egill Skallagrimsson hf's Days Payable increased from Feb. 2023 (35.17) to Feb. 2024 (35.74). It may suggest that Olgeroin Egill Skallagrimsson hf delayed paying its suppliers.

Olgeroin Egill Skallagrimsson hf Days Payable Historical Data

The historical data trend for Olgeroin Egill Skallagrimsson hf'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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Olgeroin Egill Skallagrimsson hf Days Payable Chart

Olgeroin Egill Skallagrimsson hf Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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28.80

27.42

33.79

32.04

30.18

Olgeroin Egill Skallagrimsson hf Quarterly Data
	Feb19	Feb20	Feb21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial									35.17	40.74	31.21	34.02	35.74

Competitive Comparison of Olgeroin Egill Skallagrimsson hf's Days Payable

For the Beverages - Brewers subindustry, Olgeroin Egill Skallagrimsson hf'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.

Olgeroin Egill Skallagrimsson hf's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Olgeroin Egill Skallagrimsson hf's Days Payable distribution charts can be found below:

* The bar in red indicates where Olgeroin Egill Skallagrimsson hf's Days Payable falls into.

Olgeroin Egill Skallagrimsson hf 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.

Olgeroin Egill Skallagrimsson hf's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (2492.111	+	2821.983)	/	2 )	/	32139.567	*	365
=	2657.047					/	32139.567	*	365
=	30.18

Olgeroin Egill Skallagrimsson hf's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (3246.475	+	2821.983)	/	2 )	/	7747.138	*	365 / 4
=	3034.229					/	7747.138	*	365 / 4
=	35.74

Olgeroin Egill Skallagrimsson hf Days Payable Related Terms

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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grjothals 7-11, Reykjavík, ISL, 110

Website

https://www.olgerdin.is

Olgeroin Egill Skallagrimsson hf produces, imports, distributes and sells beverages and food all over the country.

Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Headlines

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