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XXL ASA (OSL:XXL) Days Payable : 102.79 (As of Mar. 2024)


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What is XXL ASA Days Payable?

XXL ASA's average Accounts Payable for the three months ended in Mar. 2024 was kr1,074 Mil. XXL ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr953 Mil. Hence, XXL ASA's Days Payable for the three months ended in Mar. 2024 was 102.79.

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

OSL:XXL' s Days Payable Range Over the Past 10 Years
Min: 48.88   Med: 55.76   Max: 81.18
Current: 81.18

During the past 13 years, XXL ASA's highest Days Payable was 81.18. The lowest was 48.88. And the median was 55.76.

OSL:XXL's Days Payable is ranked better than
66.88% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs OSL:XXL: 81.18

XXL ASA's Days Payable increased from Mar. 2023 (80.03) to Mar. 2024 (102.79). It may suggest that XXL ASA delayed paying its suppliers.


XXL ASA Days Payable Historical Data

The historical data trend for XXL ASA'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.

XXL ASA Days Payable Chart

XXL ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.10 50.48 48.88 69.48 79.77

XXL ASA 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 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 80.03 76.05 83.78 71.85 102.79

Competitive Comparison of XXL ASA's Days Payable

For the Specialty Retail subindustry, XXL ASA'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.


XXL ASA's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, XXL ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where XXL ASA's Days Payable falls into.



XXL ASA 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.

XXL ASA'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
=( (1352 + 1031) / 2 ) / 5452*365
=1191.5 / 5452*365
=79.77

XXL ASA'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
=( (1031 + 1116) / 2 ) / 953*365 / 4
=1073.5 / 953*365 / 4
=102.79

* 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.


XXL ASA Days Payable Related Terms

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XXL ASA (OSL:XXL) Business Description

Traded in Other Exchanges
Address
Stromsveien 245, Alna Center, Oslo, NOR, N-0668
XXL ASA is a sports retailer operating in Norway, Sweden, and Finland. The company strategy is to offer the lowest prices and the broadest assortment of products with focus on branded goods. The products are organized into six product categories: shoes, sportwear, outdoor, ski/bike, hunting and sports, and health and fitness. The product categories provide equipment, casual wear, sportswear, shoes, sleeping bags, cooking equipment, firearms, binoculars, GPS equipment, knives, axes, backpacks, and maps for various sports, including water sports, football, golf, tennis, ski, snowboarding, and hunting. The brands offered are mainly well-known and international: Nike, Adidas, Puma, O'Neill, Scott, Umarex, Nikon, Atomic, Fischer, Rossignol, Oakley, and Commaster, among others.

XXL ASA (OSL:XXL) Headlines

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