SunOpta (TSX:SOY) Days Payable : 44.99 (As of Dec. 2024)

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What is SunOpta Days Payable?

SunOpta's average Accounts Payable for the three months ended in Dec. 2024 was C$122.6 Mil. SunOpta's Cost of Goods Sold for the three months ended in Dec. 2024 was C$248.7 Mil. Hence, SunOpta's Days Payable for the three months ended in Dec. 2024 was 44.99.

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

TSX:SOY' s Days Payable Range Over the Past 10 Years
Min: 30.24 Med: 49.42 Max: 78.5
Current: 50.47

During the past 13 years, SunOpta's highest Days Payable was 78.50. The lowest was 30.24. And the median was 49.42.

TSX:SOY's Days Payable is ranked worse than
60.75% of 107 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.45 vs TSX:SOY: 50.47

SunOpta's Days Payable declined from Dec. 2023 (49.51) to Dec. 2024 (44.99). It may suggest that SunOpta accelerated paying its suppliers.

SunOpta Days Payable Historical Data

The historical data trend for SunOpta'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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SunOpta Days Payable Chart

SunOpta Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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37.23

78.50

64.87

52.13

48.38

SunOpta Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															49.51	52.14	55.45	50.93	44.99

Competitive Comparison of SunOpta's Days Payable

For the Beverages - Non-Alcoholic subindustry, SunOpta'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.

SunOpta's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, SunOpta's Days Payable distribution charts can be found below:

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

SunOpta 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.

SunOpta's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (103.93	+	133.013)	/	2 )	/	893.891	*	365
=	118.4715					/	893.891	*	365
=	48.38

SunOpta's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (112.208	+	133.013)	/	2 )	/	248.673	*	365 / 4
=	122.6105					/	248.673	*	365 / 4
=	44.99

SunOpta Days Payable Related Terms

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SunOpta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » SunOpta Inc (TSX:SOY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STKL:USA ZSK:Germany

Address

7078 Shady Oak Road, Eden Prairie, MN, USA, 55344

Website

https://www.sunopta.com

SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. The company is a manufacturer for natural and private label brands and also produces its own propriety brands, including SOWN, Dream and West Life. The core of its product portfolio is a range of plant-based beverages, including oat, almond, soy, coconut and rice milks and creamers, which have a favorable climate profile relative to traditional dairy milks in terms of lower carbon emissions and water usage. Their plant-based offerings include non-genetically modified, organic, and gluten-free products. The consumer products portfolio also includes protein shakes, teas, broths, and fruit snacks.

Executives

Rebecca Fisher	Director
Joseph Ennen	Senior Officer
Brian W. Kocher	Director, Senior Officer
Katrina Houde	Director
Mike Buick	Senior Officer
David Largey	Senior Officer
Llc Engaged Capital	10% Security Holder
Barend Reijn	Senior Officer
Jill Barnett	Senior Officer
Robert Duchscher	Senior Officer
Chris Whitehair	Senior Officer
Scott Huckins	Senior Officer
Geradus Joseph Maria Versteegh	Senior Officer
Dean Hollis	Director
Derek Briffett	Director

SunOpta Headlines

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