Skopski Pazar AD (XMAE:SPAZ) Days Payable : 16.99 (As of Mar. 2024)

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What is Skopski Pazar AD Days Payable?

Skopski Pazar AD's average Accounts Payable for the three months ended in Mar. 2024 was MKD8.4 Mil. Skopski Pazar AD's Cost of Goods Sold for the three months ended in Mar. 2024 was MKD44.9 Mil. Hence, Skopski Pazar AD's Days Payable for the three months ended in Mar. 2024 was 16.99.

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

XMAE:SPAZ' s Days Payable Range Over the Past 10 Years
Min: 111.93 Med: 375.02 Max: 1178.24
Current: 111.93

During the past 13 years, Skopski Pazar AD's highest Days Payable was 1178.24. The lowest was 111.93. And the median was 375.02.

XMAE:SPAZ's Days Payable is ranked better than
79.19% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 54.48 vs XMAE:SPAZ: 111.93

Skopski Pazar AD's Days Payable increased from Dec. 2022 (0.00) to Mar. 2024 (16.99). It may suggest that Skopski Pazar AD delayed paying its suppliers.

Skopski Pazar AD Days Payable Historical Data

The historical data trend for Skopski Pazar 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.

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Skopski Pazar AD Days Payable Chart

Skopski Pazar AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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433.61

137.00

394.93

274.71

197.72

Skopski Pazar AD Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	76.77	68.45	-	16.99

Competitive Comparison of Skopski Pazar AD's Days Payable

For the Department Stores subindustry, Skopski Pazar 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.

Skopski Pazar AD's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Skopski Pazar AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Skopski Pazar AD's Days Payable falls into.

Skopski Pazar 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.

Skopski Pazar AD'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
=	( (39.382	+	8.359)	/	2 )	/	44.067	*	365
=	23.8705					/	44.067	*	365
=	197.72

Skopski Pazar AD'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
=	( (8.359	+	0)	/	1 )	/	44.891	*	365 / 4
=	8.359					/	44.891	*	365 / 4
=	16.99

Skopski Pazar AD Days Payable Related Terms

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

Skopski Pazar AD (XMAE:SPAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Skopski Pazar AD (XMAE:SPAZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

109b Jane Sandanski Boulevard, Skopje, MKD, 1000

Website

http://www.skopskipazar.com.mk

Skopski Pazar AD operates supermarkets. Its business activities are divided into three divisions including trade, real estate renting and catering. Trade division operates supermarkets under the name SP Market and discounts stores under the name Maksi D. Real estate renting division invests in modern buildings and renovates market structures. Catering divisions operates a restaurant in Taftalidze.

Skopski Pazar AD (XMAE:SPAZ) Headlines

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