Humble Group AB (STU:B39) Days Payable : 46.75 (As of Sep. 2024)

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What is Humble Group AB Days Payable?

Humble Group AB's average Accounts Payable for the three months ended in Sep. 2024 was €61.7 Mil. Humble Group AB's Cost of Goods Sold for the three months ended in Sep. 2024 was €120.5 Mil. Hence, Humble Group AB's Days Payable for the three months ended in Sep. 2024 was 46.75.

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

STU:B39' s Days Payable Range Over the Past 10 Years
Min: 45.34 Med: 119.31 Max: 6708.11
Current: 46.66

During the past 12 years, Humble Group AB's highest Days Payable was 6708.11. The lowest was 45.34. And the median was 119.31.

STU:B39's Days Payable is ranked better than
50.93% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs STU:B39: 46.66

Humble Group AB's Days Payable increased from Sep. 2023 (45.43) to Sep. 2024 (46.75). It may suggest that Humble Group AB delayed paying its suppliers.

Humble Group AB Days Payable Historical Data

The historical data trend for Humble Group 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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Humble Group AB Days Payable Chart

Humble Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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119.83

293.20

71.66

54.00

45.71

Humble Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															45.43	43.72	47.12	47.07	46.75

Competitive Comparison of Humble Group AB's Days Payable

For the Packaged Foods subindustry, Humble Group 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.

Humble Group AB's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Humble Group AB's Days Payable falls into.

Humble Group 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.

Humble Group 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
=	( (50.029	+	58.287)	/	2 )	/	432.504	*	365
=	54.158					/	432.504	*	365
=	45.71

Humble Group AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (58.644	+	64.829)	/	2 )	/	120.497	*	365 / 4
=	61.7365					/	120.497	*	365 / 4
=	46.75

Humble Group AB Days Payable Related Terms

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Humble Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Humble Group AB (STU:B39) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HMBAF:USA HUMBLE:Sweden

Address

Nytorgsgatan 17A, Stockholm, SWE, 116 22

Website

https://www.humblegroup.se

Humble Group AB is a Swedish foodtech and FMCG group. Humble targets the foodtech, eco, sustainability and vegan segments to drive organic growth and acquisitions in the various business units: brands, distribution, manufacturing and ingredients, and R&D. Its technical solutions facilitate new formulations and recipes that improve the taste and consistency of the next generation of sugar-reduced, sustainable, and vegan products.

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