Scandi Standard AB (OSTO:SCST) Days Payable : 75.86 (As of Mar. 2024)

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What is Scandi Standard AB Days Payable?

Scandi Standard AB's average Accounts Payable for the three months ended in Mar. 2024 was kr1,602 Mil. Scandi Standard AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,927 Mil. Hence, Scandi Standard AB's Days Payable for the three months ended in Mar. 2024 was 75.86.

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

OSTO:SCST' s Days Payable Range Over the Past 10 Years
Min: 40.87 Med: 58.63 Max: 74.83
Current: 74.83

During the past 13 years, Scandi Standard AB's highest Days Payable was 74.83. The lowest was 40.87. And the median was 58.63.

OSTO:SCST's Days Payable is ranked better than
72.43% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.25 vs OSTO:SCST: 74.83

Scandi Standard AB's Days Payable increased from Mar. 2023 (70.61) to Mar. 2024 (75.86). It may suggest that Scandi Standard AB delayed paying its suppliers.

Scandi Standard AB Days Payable Historical Data

The historical data trend for Scandi Standard 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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Scandi Standard AB Days Payable Chart

Scandi Standard AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.59

70.91

72.87

69.00

72.04

Scandi Standard AB 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															70.61	71.15	73.74	80.40	75.86

Competitive Comparison of Scandi Standard AB's Days Payable

For the Packaged Foods subindustry, Scandi Standard 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.

Scandi Standard AB's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Scandi Standard AB's Days Payable falls into.

Scandi Standard 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.

Scandi Standard AB'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
=	( (1619	+	1620)	/	2 )	/	8205	*	365
=	1619.5					/	8205	*	365
=	72.04

Scandi Standard AB'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
=	( (1620	+	1584)	/	2 )	/	1927	*	365 / 4
=	1602					/	1927	*	365 / 4
=	75.86

Scandi Standard AB Days Payable Related Terms

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Scandi Standard AB (OSTO:SCST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Scandi Standard AB (OSTO:SCST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0QVR:UK 0SL:Germany

Address

Strandbergsgatan 55, P.O.Box 30174, Stockholm, SWE, SE-104 25

Website

https://www.scandistandard.com

Scandi Standard AB is a food company. It supplies chicken and chicken-based products in the Nordic region and Ireland. It markets and sells its products under Kronfagel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm brand names. The company has operations in Sweden, Denmark, Norway, Ireland, and Finland. It generates the majority of its revenue from Sweden.

Scandi Standard AB (OSTO:SCST) Headlines

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