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

What is Candyking Holding AB Days Payable?

Candyking Holding AB OSTO:CANDY Days Payable is 61.95 as of Mar. 2015.

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: 44.14
* 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 Related Terms

Candyking Holding AB Days Payable Historical Data

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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.

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

Candyking Holding AB Days Payable Competitor Comparison

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 Days Payable vs 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.

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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

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 61.95 mean?

Candyking Holding AB (OSTO:CANDY) has a Days Payable of 61.95 as of Mar. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Candyking Holding AB and its competitors.

Is Candyking Holding AB's Days Payable too high?

Candyking Holding AB's current Days Payable is 61.95. The Consumer Packaged Goods industry median Days Payable is 44.14. Candyking Holding AB's value of 61.95 is 40.3% above this industry median.

How does Candyking Holding AB's Days Payable compare to competitors?

Candyking Holding AB's Days Payable of 61.95 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. Candyking Holding AB's value of 61.95 is 40.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Consumer Packaged Goods company?

The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Candyking Holding AB's current Days Payable of 61.95 is 40.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Candyking Holding AB and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candyking Holding AB's current Days Payable is 61.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Candyking Holding AB stock overvalued right now?

Candyking Holding AB (OSTO:CANDY) has a current Days Payable of 61.95. The current Days Payable is 61.95 and 40.3% above the Consumer Packaged Goods industry median of 44.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Candyking Holding AB (OSTO:CANDY), the current Days Payable is 61.95 as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Candyking Holding AB Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies OSTO:CLA B

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.