Rodna Zemya Holding AD (XBUL:HRZ) Days Payable : 123.13 (As of Sep. 2023)

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What is Rodna Zemya Holding AD Days Payable?

Rodna Zemya Holding AD's average Accounts Payable for the three months ended in Sep. 2023 was лв46.6 Mil. Rodna Zemya Holding AD's Cost of Goods Sold for the three months ended in Sep. 2023 was лв34.5 Mil. Hence, Rodna Zemya Holding AD's Days Payable for the three months ended in Sep. 2023 was 123.13.

The historical rank and industry rank for Rodna Zemya Holding AD's Days Payable or its related term are showing as below:

XBUL:HRZ' s Days Payable Range Over the Past 10 Years
Min: 102.75 Med: 171.48 Max: 230.94
Current: 124.44

During the past 6 years, Rodna Zemya Holding AD's highest Days Payable was 230.94. The lowest was 102.75. And the median was 171.48.

XBUL:HRZ's Days Payable is not ranked
in the Conglomerates industry.
Industry Median: 59.54 vs XBUL:HRZ: 124.44

Rodna Zemya Holding AD's Days Payable declined from Sep. 2022 (125.92) to Sep. 2023 (123.13). It may suggest that Rodna Zemya Holding AD accelerated paying its suppliers.

Rodna Zemya Holding AD Days Payable Historical Data

The historical data trend for Rodna Zemya Holding AD'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.

* Premium members only.

Rodna Zemya Holding AD Days Payable Chart

Rodna Zemya Holding AD Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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226.06

230.94

133.89

102.75

108.54

Rodna Zemya Holding AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															125.92	121.36	147.29	115.11	123.13

Competitive Comparison of Rodna Zemya Holding AD's Days Payable

For the Conglomerates subindustry, Rodna Zemya Holding AD'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.

Rodna Zemya Holding AD's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Rodna Zemya Holding AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Rodna Zemya Holding AD's Days Payable falls into.

Rodna Zemya Holding AD 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.

Rodna Zemya Holding AD'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
=	( (27.295	+	35.053)	/	2 )	/	104.836	*	365
=	31.174					/	104.836	*	365
=	108.54

Rodna Zemya Holding AD's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (48.36	+	44.865)	/	2 )	/	34.544	*	365 / 4
=	46.6125					/	34.544	*	365 / 4
=	123.13

Rodna Zemya Holding AD Days Payable Related Terms

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Rodna Zemya Holding AD (XBUL:HRZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Rodna Zemya Holding AD (XBUL:HRZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

San Stefano Street 3, Varna, BGR

Website

http://www.rodnazemya.bg

Rodna Zemya Holding AD is a holding company.

Rodna Zemya Holding AD (XBUL:HRZ) Headlines

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