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Standard Foods (Standard Foods) Days Payable : 25.58 (As of Mar. 2024)


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What is Standard Foods Days Payable?

Standard Foods's average Accounts Payable for the three months ended in Mar. 2024 was $45.48 Mil. Standard Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was $162.24 Mil. Hence, Standard Foods's Days Payable for the three months ended in Mar. 2024 was 25.58.

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

STFXY' s Days Payable Range Over the Past 10 Years
Min: 25.2   Med: 29.82   Max: 35.53
Current: 23.5

During the past 13 years, Standard Foods's highest Days Payable was 35.53. The lowest was 25.20. And the median was 29.82.

STFXY's Days Payable is ranked worse than
81.74% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs STFXY: 23.50

Standard Foods's Days Payable declined from Mar. 2023 (26.36) to Mar. 2024 (25.58). It may suggest that Standard Foods accelerated paying its suppliers.


Standard Foods Days Payable Historical Data

The historical data trend for Standard Foods'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.

* Premium members only.

Standard Foods Days Payable Chart

Standard Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.22 29.59 28.05 28.64 25.43

Standard Foods 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.36 24.17 23.20 24.37 25.58

Competitive Comparison of Standard Foods's Days Payable

For the Packaged Foods subindustry, Standard Foods'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.


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

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

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



Standard Foods 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.

Standard Foods'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
=( (46.498 + 49.443) / 2 ) / 688.428*365
=47.9705 / 688.428*365
=25.43

Standard Foods'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
=( (49.443 + 41.518) / 2 ) / 162.241*365 / 4
=45.4805 / 162.241*365 / 4
=25.58

* 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.


Standard Foods Days Payable Related Terms

Thank you for viewing the detailed overview of Standard Foods's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Standard Foods (Standard Foods) Business Description

Traded in Other Exchanges
Address
No. 610, Ruiguang Road, 10th Floor, Neihu District, Taipei, TWN
Standard Foods Corp manufactures and sells nutritional products, cooking oil, dairies, and beverages. The company primarily operates in Taiwan and mainland China. Standard Foods' key product lines include oats products, grain-blended beverages, and dairy products. The segments of the company are Standard Foods segment, Standard Dairy Products segment, China Standard segment, and Other segments.

Standard Foods (Standard Foods) Headlines

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