Nordic Halibut AS (OSL:NOHAL) Days Payable : 1,022.32 (As of Mar. 2024)

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What is Nordic Halibut AS Days Payable?

Nordic Halibut AS's average Accounts Payable for the three months ended in Mar. 2024 was kr34.50 Mil. Nordic Halibut AS's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3.08 Mil. Hence, Nordic Halibut AS's Days Payable for the three months ended in Mar. 2024 was 1,022.32.

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

OSL:NOHAL' s Days Payable Range Over the Past 10 Years
Min: 41.56 Med: 132.25 Max: 1487.84
Current: 1487.84

During the past 10 years, Nordic Halibut AS's highest Days Payable was 1487.84. The lowest was 41.56. And the median was 132.25.

OSL:NOHAL's Days Payable is ranked better than
98.6% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.08 vs OSL:NOHAL: 1487.84

Nordic Halibut AS's Days Payable increased from Mar. 2023 (204.22) to Mar. 2024 (1,022.32). It may suggest that Nordic Halibut AS delayed paying its suppliers.

Nordic Halibut AS Days Payable Historical Data

The historical data trend for Nordic Halibut AS'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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Nordic Halibut AS Days Payable Chart

Nordic Halibut AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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156.38

1,474.12

164.71

236.25

666.11

Nordic Halibut AS Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															204.22	-	1,375.28	665.53	1,022.32

Competitive Comparison of Nordic Halibut AS's Days Payable

For the Farm Products subindustry, Nordic Halibut AS'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.

Nordic Halibut AS's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Nordic Halibut AS's Days Payable falls into.

Nordic Halibut AS 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.

Nordic Halibut AS'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
=	( (30.845	+	40.62)	/	2 )	/	19.58	*	365
=	35.7325					/	19.58	*	365
=	666.11

Nordic Halibut AS'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
=	( (40.62	+	28.371)	/	2 )	/	3.079	*	365 / 4
=	34.4955					/	3.079	*	365 / 4
=	1,022.32

Nordic Halibut AS Days Payable Related Terms

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Nordic Halibut AS (OSL:NOHAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nordic Halibut AS (OSL:NOHAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hendnesveien 124, Averoy, NOR, 6533

Website

https://www.nordichalibut.com

Nordic Halibut AS is a producer of farmed Atlantic halibut in the world. Its products include Fresh Nordic Halibut on ice and Frozen portions. Geographically it operates in Norway, the USA which generates substantial revenue, the UK, and Other markets.

Nordic Halibut AS (OSL:NOHAL) Headlines

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