APF Holdings (ORSE:EGG) Days Payable : 44.83 (As of Jun. 2023)

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What is APF Holdings Days Payable?

APF Holdings's average Accounts Payable for the six months ended in Jun. 2023 was €1.18 Mil. APF Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was €4.80 Mil. Hence, APF Holdings's Days Payable for the six months ended in Jun. 2023 was 44.83.

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

ORSE:EGG' s Days Payable Range Over the Past 10 Years
Min: 45.85 Med: 50.84 Max: 51.82
Current: 45.85

During the past 4 years, APF Holdings's highest Days Payable was 51.82. The lowest was 45.85. And the median was 50.84.

ORSE:EGG's Days Payable is ranked worse than
50.5% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs ORSE:EGG: 45.85

APF Holdings's Days Payable declined from Jun. 2022 (48.68) to Jun. 2023 (44.83). It may suggest that APF Holdings accelerated paying its suppliers.

APF Holdings Days Payable Historical Data

The historical data trend for APF Holdings'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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APF Holdings Days Payable Chart

APF Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

51.82

49.86

APF Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			-	-	48.68	51.03	44.83

Competitive Comparison of APF Holdings's Days Payable

For the Farm Products subindustry, APF Holdings'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.

APF Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

APF Holdings 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.

APF Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.211	+	1.283)	/	2 )	/	9.129	*	365
=	1.247					/	9.129	*	365
=	49.86

APF Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.283	+	1.076)	/	2 )	/	4.802	*	365 / 2
=	1.1795					/	4.802	*	365 / 2
=	44.83

APF Holdings Days Payable Related Terms

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APF Holdings (ORSE:EGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » APF Holdings (ORSE:EGG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Karla Ulmana 119, Marupe Municipality, Marupe, LVA, LV-2167

Website

https://www.apf.lv

APF Holdings AS is engaged in operation of holding companies. The Company along with its subsidiaries is engaged in the fields of poultry, production of biogas and mineral fertilizers. Its poultry business is involved in egg production, egg sales and egg product sales. The egg sales include free-range eggs (category 1), which are acquired from cooperation partners of the Group, barn eggs (category 2) and cage eggs (category 3) which are produced and sold by the Group.

APF Holdings (ORSE:EGG) Headlines

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