Alfa Plam a.d (XBEL:ALFA) Days Payable: 98.98 (As of Jun. 2022)


XBEL:ALFA Alfa Plam a.d XBEL:ALFA
19 GF Score
Price RSD21,010.00
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What is Alfa Plam a.d Days Payable?

Alfa Plam a.d XBEL:ALFA 19 Days Payable is 98.98 as of Jun. 2022. GuruFocus rates XBEL:ALFA with a GF Score™ of 19/100.

Alfa Plam a.d's average Accounts Payable for the six months ended in Jun. 2022 was RSD1,156 Mil. Alfa Plam a.d's Cost of Goods Sold for the six months ended in Jun. 2022 was RSD2,131 Mil. Hence, Alfa Plam a.d's Days Payable for the six months ended in Jun. 2022 was 98.98.

The historical rank and industry rank for Alfa Plam a.d's Days Payable or its related term are showing as below:

XBEL:ALFA's Days Payable is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 64
* Ranked among companies with meaningful Days Payable only.

Alfa Plam a.d's Days Payable increased from Jun. 2021 (73.87) to Jun. 2022 (98.98). It may suggest that Alfa Plam a.d delayed paying its suppliers.


Alfa Plam a.d Days Payable Historical Data

* Premium members only.

The historical data trend for Alfa Plam a.d'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.

Alfa Plam a.d Days Payable Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.94 86.13 73.42 56.81 61.36

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 85.59 45.90 73.87 60.37 98.98

XBEL:ALFA vs WHR, FBHS, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Alfa Plam a.d'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.


Alfa Plam a.d Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Plam a.d's Days Payable distribution charts can be found below:

* The bar in red indicates where Alfa Plam a.d's Days Payable falls into.


XBEL:ALFA
19GF Score
Alfa Plam a.d XBEL:ALFA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfa Plam a.d 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.

Alfa Plam a.d's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (627.563 + 867.32) / 2 ) / 4446.308*365
=747.4415 / 4446.308*365
=61.36

Alfa Plam a.d's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (867.32 + 1444.038) / 2 ) / 2130.742*365 / 2
=1155.679 / 2130.742*365 / 2
=98.98

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 98.98 mean?
Alfa Plam a.d (XBEL:ALFA) has a Days Payable of 98.98 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alfa Plam a.d and its competitors.
Is Alfa Plam a.d's Days Payable too high?
Alfa Plam a.d's current Days Payable is 98.98. The Furnishings, Fixtures & Appliances industry median Days Payable is 64.00. Alfa Plam a.d's value of 98.98 is 54.7% above this industry median. Overall, Alfa Plam a.d has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Alfa Plam a.d's Days Payable compare to WHR and FBHS?
Alfa Plam a.d's Days Payable of 98.98 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Days Payable is 64.00. Alfa Plam a.d's value of 98.98 is 54.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 64.00, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alfa Plam a.d's current Days Payable of 98.98 is 54.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Alfa Plam a.d and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 64.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Plam a.d's current Days Payable is 98.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Plam a.d stock overvalued right now?
Alfa Plam a.d (XBEL:ALFA) has a current Days Payable of 98.98. The current Days Payable is 98.98 and 54.7% above the Furnishings, Fixtures & Appliances industry median of 64.00. Alfa Plam a.d's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Alfa Plam a.d (XBEL:ALFA), the current Days Payable is 98.98 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alfa Plam a.d Business Description

Address Radnicka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.
19GF Score

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RSD21,010.00
Price