Candyking Holding AB (OSTO:CANDY) Days Payable : 61.95 (As of Mar. 2015)

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What is Candyking Holding AB Days Payable?

Candyking Holding AB's average Accounts Payable for the three months ended in Mar. 2015 was kr196.47 Mil. Candyking Holding AB's Cost of Goods Sold for the three months ended in Mar. 2015 was kr289.40 Mil. Hence, Candyking Holding AB's Days Payable for the three months ended in Mar. 2015 was 61.95.

The historical rank and industry rank for Candyking Holding AB's Days Payable or its related term are showing as below:

OSTO:CANDY's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 46.105
* Ranked among companies with meaningful Days Payable only.

Candyking Holding AB's Days Payable declined from Mar. 2014 (86.63) to Mar. 2015 (61.95). It may suggest that Candyking Holding AB accelerated paying its suppliers.

Candyking Holding AB Days Payable Historical Data

The historical data trend for Candyking Holding AB'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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Candyking Holding AB Days Payable Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

Days Payable

76.87

82.26

69.63

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Days Payable	Get a 7-Day Free Trial						86.63	67.28	58.50	54.87	61.95

Competitive Comparison of Candyking Holding AB's Days Payable

For the Confectioners subindustry, Candyking Holding AB'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.

Candyking Holding AB's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Candyking Holding AB's Days Payable falls into.

Candyking Holding AB 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.

Candyking Holding AB's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (270.736	+	173.346)	/	2 )	/	1163.925	*	365
=	222.041					/	1163.925	*	365
=	69.63

Candyking Holding AB's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

	Days Payable (Q: Mar. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2014 )	+	Accounts Payable (Q: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
=	( (173.346	+	219.6)	/	2 )	/	289.4	*	365 / 4
=	196.473					/	289.4	*	365 / 4
=	61.95

Candyking Holding AB Days Payable Related Terms

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Candyking Holding AB (OSTO:CANDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candyking Holding AB (OSTO:CANDY) » Definitions » Days Payable

Comparable Companies

OSTO:CLA B

Traded in Other Exchanges

N/A

Address

Website

http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.

Candyking Holding AB (OSTO:CANDY) Headlines

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