Tallink Grupp AS (OTSE:TAL1T) Days Payable : 38.49 (As of Mar. 2024)

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What is Tallink Grupp AS Days Payable?

Tallink Grupp AS's average Accounts Payable for the three months ended in Mar. 2024 was €61.8 Mil. Tallink Grupp AS's Cost of Goods Sold for the three months ended in Mar. 2024 was €146.6 Mil. Hence, Tallink Grupp AS's Days Payable for the three months ended in Mar. 2024 was 38.49.

The historical rank and industry rank for Tallink Grupp AS's Days Payable or its related term are showing as below:

OTSE:TAL1T' s Days Payable Range Over the Past 10 Years
Min: 20.71 Med: 22.61 Max: 45.21
Current: 45.21

During the past 13 years, Tallink Grupp AS's highest Days Payable was 45.21. The lowest was 20.71. And the median was 22.61.

OTSE:TAL1T's Days Payable is ranked better than
57.19% of 932 companies
in the Transportation industry
Industry Median: 39.05 vs OTSE:TAL1T: 45.21

Tallink Grupp AS's Days Payable declined from Mar. 2023 (39.24) to Mar. 2024 (38.49). It may suggest that Tallink Grupp AS accelerated paying its suppliers.

Tallink Grupp AS Days Payable Historical Data

The historical data trend for Tallink Grupp AS'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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Tallink Grupp AS Days Payable Chart

Tallink Grupp AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.90

24.88

26.53

22.33

20.81

Tallink Grupp AS 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															39.24	51.42	50.34	33.70	38.49

Competitive Comparison of Tallink Grupp AS's Days Payable

For the Marine Shipping subindustry, Tallink Grupp AS'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.

Tallink Grupp AS's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tallink Grupp AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Tallink Grupp AS's Days Payable falls into.

Tallink Grupp AS 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.

Tallink Grupp AS'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
=	( (38.309	+	33.712)	/	2 )	/	631.491	*	365
=	36.0105					/	631.491	*	365
=	20.81

Tallink Grupp AS'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
=	( (33.712	+	89.969)	/	2 )	/	146.603	*	365 / 4
=	61.8405					/	146.603	*	365 / 4
=	38.49

Tallink Grupp AS Days Payable Related Terms

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Tallink Grupp AS (OTSE:TAL1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tallink Grupp AS (OTSE:TAL1T) » Definitions » Days Payable

Traded in Other Exchanges

TALLINK:Finland T5N:Germany T5N:Germany

Address

Sadama 5, Tallinn, EST, 10111

Website

https://www.tallink.com

Tallink Grupp AS provides marine passenger and cargo transportation services in the Baltic Sea. It operates a total fleet of approximately more than15 vessels that include cruise ferries, high-speed ro-pax ferries, and ro-ro cargo vessels. In addition, the Group operates three hotels in Tallinn and one in Riga, and also eight restaurants of the fast-food chain in Estonia, Latvia, and Lithuania. It offers services on various routes between Estonia, Finland, Sweden, and Latvia under the Tallink and Silja Line brands. The company operates through the following segments: Estonia - Finland, Finland - Sweden, Estonia - Sweden, Latvia - Sweden, and Others.

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