Sucro (TSXV:SUG) Days Payable : 37.75 (As of Mar. 2024)

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What is Sucro Days Payable?

Sucro's average Accounts Payable for the three months ended in Mar. 2024 was C$82.4 Mil. Sucro's Cost of Goods Sold for the three months ended in Mar. 2024 was C$199.3 Mil. Hence, Sucro's Days Payable for the three months ended in Mar. 2024 was 37.75.

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

TSXV:SUG' s Days Payable Range Over the Past 10 Years
Min: 35.42 Med: 41.94 Max: 96.91
Current: 96.91

During the past 3 years, Sucro's highest Days Payable was 96.91. The lowest was 35.42. And the median was 41.94.

TSXV:SUG's Days Payable is ranked better than
80.9% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs TSXV:SUG: 96.91

Sucro's Days Payable increased from Mar. 2023 (34.13) to Mar. 2024 (37.75). It may suggest that Sucro delayed paying its suppliers.

Sucro Days Payable Historical Data

The historical data trend for Sucro'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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Sucro Days Payable Chart

Sucro Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

56.80

35.42

41.94

Sucro Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			34.13	-	-	-	37.75

Competitive Comparison of Sucro's Days Payable

For the Confectioners subindustry, Sucro'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.

Sucro's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Sucro 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.

Sucro'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
=	( (50.98	+	80.539)	/	2 )	/	572.258	*	365
=	65.7595					/	572.258	*	365
=	41.94

Sucro'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
=	( (80.539	+	84.347)	/	2 )	/	199.274	*	365 / 4
=	82.443					/	199.274	*	365 / 4
=	37.75

Sucro Days Payable Related Terms

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Sucro (TSXV:SUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sucro Ltd (TSXV:SUG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Ponce de Leon Blvd, Suite 1204, Coral Gables, FL, USA, 33134

Website

https://www.sucro.us

Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services primarily to the Trade segment.

Sucro (TSXV:SUG) Headlines

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