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Sylvamo (Sylvamo) Days Payable : 48.59 (As of Dec. 2023)


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What is Sylvamo Days Payable?

Sylvamo's average Accounts Payable for the three months ended in Dec. 2023 was $402 Mil. Sylvamo's Cost of Goods Sold for the three months ended in Dec. 2023 was $754 Mil. Hence, Sylvamo's Days Payable for the three months ended in Dec. 2023 was 48.59.

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

SLVM' s Days Payable Range Over the Past 10 Years
Min: 43.03   Med: 56.78   Max: 58.53
Current: 53.07

During the past 6 years, Sylvamo's highest Days Payable was 58.53. The lowest was 43.03. And the median was 56.78.

SLVM's Days Payable is ranked worse than
52.14% of 280 companies
in the Forest Products industry
Industry Median: 56.375 vs SLVM: 53.07

Sylvamo's Days Payable declined from Dec. 2022 (59.23) to Dec. 2023 (48.59). It may suggest that Sylvamo accelerated paying its suppliers.


Sylvamo Days Payable Historical Data

The historical data trend for Sylvamo'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.

Sylvamo Days Payable Chart

Sylvamo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 43.03 56.29 57.14 58.53 56.78

Sylvamo Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 59.23 57.16 50.62 53.03 48.59

Competitive Comparison of Sylvamo's Days Payable

For the Paper & Paper Products subindustry, Sylvamo'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.


Sylvamo's Days Payable Distribution in the Forest Products Industry

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

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



Sylvamo 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.

Sylvamo'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
=( (453 + 421) / 2 ) / 2809*365
=437 / 2809*365
=56.78

Sylvamo'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
=( (382 + 421) / 2 ) / 754*365 / 4
=401.5 / 754*365 / 4
=48.59

* 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.


Sylvamo Days Payable Related Terms

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


Sylvamo (Sylvamo) Business Description

Traded in Other Exchanges
Address
6077 Primacy Parkway, Memphis, TN, USA, 38119
Sylvamo Corp is an uncoated papers company with a broad portfolio of top-tier brands and low-cost, large-scale paper mills, it produces uncoated freesheet (UFS) for paper products such as cut size and offset paper, as well as market pulp. The company offers Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers. It operates in three geographical segments: Europe, Latin America, and North America.
Executives
Hirschfeld Tatiana Kalman officer: SVP & GM, Latin America C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
John V Sims director, officer: SVP & Chief Financial Officer C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Karl L Meyers director C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
Kevin W Ferguson officer: VP, Controller,Chief Acct.Off. C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Thomas A Cleves officer: SVP, Corporate Affairs C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Mark Wilde director C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
International Paper Co /new/ 10 percent owner 6400 POPLAR AVENUE, MEMPHIS TN 38197
Matthew Barron officer: SVP, Gen Counsel & Secretary C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Atlas Capital Resources Gp Iv Llc 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Gp Iv Lp 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Acr Group Paper Holdings Lp 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky 10 percent owner
Timothy J Fazio 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Acr Group Paper Holdings Jr Gp Llc 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830

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