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Billerud AB (OSTO:BILL) Days Payable : 91.77 (As of Mar. 2024)


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What is Billerud AB Days Payable?

Billerud AB's average Accounts Payable for the three months ended in Mar. 2024 was kr5,472 Mil. Billerud AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr5,441 Mil. Hence, Billerud AB's Days Payable for the three months ended in Mar. 2024 was 91.77.

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

OSTO:BILL' s Days Payable Range Over the Past 10 Years
Min: 74.28   Med: 98.52   Max: 109.58
Current: 89.28

During the past 13 years, Billerud AB's highest Days Payable was 109.58. The lowest was 74.28. And the median was 98.52.

OSTO:BILL's Days Payable is ranked better than
76.79% of 280 companies
in the Forest Products industry
Industry Median: 56.605 vs OSTO:BILL: 89.28

Billerud AB's Days Payable declined from Mar. 2023 (92.24) to Mar. 2024 (91.77). It may suggest that Billerud AB accelerated paying its suppliers.


Billerud AB Days Payable Historical Data

The historical data trend for Billerud AB'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.

Billerud AB Days Payable Chart

Billerud AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.88 88.20 98.58 98.46 98.75

Billerud AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 92.24 84.42 82.91 92.95 91.77

Competitive Comparison of Billerud AB's Days Payable

For the Paper & Paper Products subindustry, Billerud AB'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.


Billerud AB's Days Payable Distribution in the Forest Products Industry

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

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



Billerud AB 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.

Billerud AB'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
=( (6702 + 5352) / 2 ) / 22278*365
=6027 / 22278*365
=98.75

Billerud AB'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
=( (5352 + 5592) / 2 ) / 5441*365 / 4
=5472 / 5441*365 / 4
=91.77

* 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.


Billerud AB Days Payable Related Terms

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Billerud AB (OSTO:BILL) Business Description

Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Billerud organizes itself into three segments: Board product area, Paper product area and Solutions and Other.