Stran (SWAG) Days Payable : 21.82 (As of Dec. 2023)

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What is Stran Days Payable?

Stran's average Accounts Payable for the three months ended in Dec. 2023 was $3.49 Mil. Stran's Cost of Goods Sold for the three months ended in Dec. 2023 was $14.61 Mil. Hence, Stran's Days Payable for the three months ended in Dec. 2023 was 21.82.

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

SWAG' s Days Payable Range Over the Past 10 Years
Min: 21.41 Med: 24.76 Max: 71.81
Current: 21.41

During the past 5 years, Stran's highest Days Payable was 71.81. The lowest was 21.41. And the median was 24.76.

SWAG's Days Payable is ranked worse than
86.56% of 930 companies
in the Media - Diversified industry
Industry Median: 83.56 vs SWAG: 21.41

Stran's Days Payable increased from Dec. 2022 (20.84) to Dec. 2023 (21.82). It may suggest that Stran delayed paying its suppliers.

Stran Days Payable Historical Data

The historical data trend for Stran'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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Stran Days Payable Chart

Stran Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

71.81

40.81

24.76

24.46

23.23

Stran Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											20.84	22.90	16.20	22.84	21.82

Competitive Comparison of Stran's Days Payable

For the Advertising Agencies subindustry, Stran'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.

Stran's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stran's Days Payable distribution charts can be found below:

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

Stran 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.

Stran'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
=	( (3.572	+	2.922)	/	2 )	/	51.012	*	365
=	3.247					/	51.012	*	365
=	23.23

Stran's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.064	+	2.922)	/	2 )	/	14.605	*	365 / 4
=	3.493					/	14.605	*	365 / 4
=	21.82

Stran Days Payable Related Terms

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

Stran Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stran & Co Inc (NAS:SWAG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171

Website

https://www.stran.com

Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. In addition to selling branded products, It offer its clients with custom sourcing capabilities which is a flexible and customizable e-commerce solution for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral, and event assets, order and inventory management, and designing and hosting online retail popup shops. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.

Executives

David M. Leuci	officer: Chief Information Officer	2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Ashley Marshall	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Stranberg	director, 10 percent owner, officer: Exec. Chm., Treas. and Sec.	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
John Audibert	officer: VP of Growth and SI	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alan Chippindale	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Andrew Shape	director, 10 percent owner, officer: President and CEO	C/O LONG BLOCKCHAIN CORP., 12-1 DUBON COURT, FARMINGDALE NY 11735
David Browner	officer: Interim CFO	C/O STRAN AND COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Sheila Johnshoy	officer: Chief Operating Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Stephen Paradiso	officer: Chief of Staff	C/O STRAN & COMPANY, INC.,, 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Jason Nolley	officer: Chief Technology Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Alejandro Tani	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Christopher Rollins	officer: Chief Financial Officer	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Randolph Birney	officer: Executive Vice President	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171
Travis Mccourt	director	C/O STRAN & COMPANY, INC., 2 HERITAGE DRIVE, SUITE 600, QUINCY MA 02171