Rusta AB (publ) (OSTO:RUSTA) Days Payable : 29.34 (As of Jan. 2024)

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What is Rusta AB (publ) Days Payable?

Rusta AB (publ)'s average Accounts Payable for the three months ended in Jan. 2024 was kr581 Mil. Rusta AB (publ)'s Cost of Goods Sold for the three months ended in Jan. 2024 was kr1,807 Mil. Hence, Rusta AB (publ)'s Days Payable for the three months ended in Jan. 2024 was 29.34.

The historical rank and industry rank for Rusta AB (publ)'s Days Payable or its related term are showing as below:

OSTO:RUSTA' s Days Payable Range Over the Past 10 Years
Min: 33.77 Med: 38.35 Max: 40.18
Current: 38.57

During the past 3 years, Rusta AB (publ)'s highest Days Payable was 40.18. The lowest was 33.77. And the median was 38.35.

OSTO:RUSTA's Days Payable is ranked worse than
64.81% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 55.005 vs OSTO:RUSTA: 38.57

Rusta AB (publ)'s Days Payable increased from Jan. 2023 (0.00) to Jan. 2024 (29.34). It may suggest that Rusta AB (publ) delayed paying its suppliers.

Rusta AB (publ) Days Payable Historical Data

The historical data trend for Rusta AB (publ)'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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Rusta AB (publ) Days Payable Chart

Rusta AB (publ) Annual Data

Trend

Apr21

Apr22

Apr23

Days Payable

33.77

38.35

40.18

Rusta AB (publ) Quarterly Data
	Apr21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial				-	44.58	40.32	50.57	29.34

Competitive Comparison of Rusta AB (publ)'s Days Payable

For the Department Stores subindustry, Rusta AB (publ)'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.

Rusta AB (publ)'s Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rusta AB (publ)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Rusta AB (publ)'s Days Payable falls into.

Rusta AB (publ) 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.

Rusta AB (publ)'s Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (689	+	635.5)	/	2 )	/	6015.8	*	365
=	662.25					/	6015.8	*	365
=	40.18

Rusta AB (publ)'s Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (789	+	373)	/	2 )	/	1807	*	365 / 4
=	581					/	1807	*	365 / 4
=	29.34

Rusta AB (publ) Days Payable Related Terms

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Rusta AB (publ) (OSTO:RUSTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rusta AB (publ) (OSTO:RUSTA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6ZZ:Germany

Address

Kanalvagen 12, 4th floor, Upplands Vasby, SWE, SE-194 05

Website

https://investors.rusta.com

Rusta AB (publ) is a leading company in the Nordic variety hard discount market. Its customer promise is to be a modern variety hard discount retailer making it easy to renew and refill at home at surprisingly low prices. It combines an offering of a wide and curated product assortment of everyday products, with good quality that covers frequent customer needs and wants at the lowest prices among comparable products with a convenient and positive in-store shopping experience. It has a wide multi-geographic presence with a network of 203 stores across Sweden, Norway, Finland, and Germany.

Rusta AB (publ) (OSTO:RUSTA) Headlines

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