Sappi (JSE:SAP) Days Payable : 77.20 (As of Dec. 2023)

View and export this data going back to 1937. Start your Free Trial

What is Sappi Days Payable?

Sappi's average Accounts Payable for the three months ended in Dec. 2023 was R17,088 Mil. Sappi's Cost of Goods Sold for the three months ended in Dec. 2023 was R20,198 Mil. Hence, Sappi's Days Payable for the three months ended in Dec. 2023 was 77.20.

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

JSE:SAP' s Days Payable Range Over the Past 10 Years
Min: 61.06 Med: 70.42 Max: 79.14
Current: 63.67

During the past 13 years, Sappi's highest Days Payable was 79.14. The lowest was 61.06. And the median was 70.42.

JSE:SAP's Days Payable is ranked better than
56.07% of 280 companies
in the Forest Products industry
Industry Median: 56.375 vs JSE:SAP: 63.67

Sappi's Days Payable increased from Dec. 2022 (63.72) to Dec. 2023 (77.20). It may suggest that Sappi delayed paying its suppliers.

Sappi Days Payable Historical Data

The historical data trend for Sappi'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.

Sappi Days Payable Chart

Sappi Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

72.46

71.77

79.14

61.06

69.90

Sappi Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															63.72	57.47	56.28	64.28	77.20

Competitive Comparison of Sappi's Days Payable

For the Paper & Paper Products subindustry, Sappi'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.

Sappi's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sappi's Days Payable distribution charts can be found below:

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

Sappi 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.

Sappi's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (18390.223	+	17220.856)	/	2 )	/	92969.861	*	365
=	17805.5395					/	92969.861	*	365
=	69.90

Sappi's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17220.856	+	16955.848)	/	2 )	/	20197.956	*	365 / 4
=	17088.352					/	20197.956	*	365 / 4
=	77.20

Sappi Days Payable Related Terms

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

Sappi (JSE:SAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sappi Ltd (JSE:SAP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SPPJY:USA SPI:Germany

Address

108 Oxford Road, Rosebank, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.sappi.com

Sappi Ltd produces and sells a variety of paper and paper-related products. The products and services include Dissolving pulp, Graphic papers, Packaging and speciality papers, Casting and release papers, Biomaterials and Bio-energy. The company organizes itself into three primary segments based on geography: North America, Europe, and Southern Africa. More of the revenue comes from Europe than any other geography.