Altri SGPS (XLIS:ALTR) Days Payable

: 74.74 (As of Dec. 2023)

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Altri SGPS's average Accounts Payable for the three months ended in Dec. 2023 was €80.1 Mil. Altri SGPS's Cost of Goods Sold for the three months ended in Dec. 2023 was €97.8 Mil. Hence, Altri SGPS's Days Payable for the three months ended in Dec. 2023 was 74.74.

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

XLIS:ALTR' s Days Payable Range Over the Past 10 Years
Min: 83.53 Med: 105.98 Max: 158.5
Current: 107.98

During the past 13 years, Altri SGPS's highest Days Payable was 158.50. The lowest was 83.53. And the median was 105.98.

XLIS:ALTR's Days Payable is ranked better than
83.57% of 280 companies
in the Forest Products industry
Industry Median: 56.375 vs XLIS:ALTR: 107.98

Altri SGPS's Days Payable declined from Sep. 2022 (122.80) to Dec. 2023 (74.74). It may suggest that Altri SGPS accelerated paying its suppliers.

Altri SGPS Days Payable Historical Data

The historical data trend for Altri SGPS'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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Altri SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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145.45

131.90

131.74

99.12

83.53

Altri SGPS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															122.80	96.13	86.24	77.03	74.74

Competitive Comparison

For the Paper & Paper Products subindustry, Altri SGPS'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.

Altri SGPS Days Payable Distribution

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

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

Altri SGPS 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.

Altri SGPS'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
=	( (108.742	+	84.437)	/	2 )	/	422.083	*	365
=	96.5895					/	422.083	*	365
=	83.53

Altri SGPS'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
=	( (75.769	+	84.437)	/	2 )	/	97.793	*	365 / 4
=	80.103					/	97.793	*	365 / 4
=	74.74

Altri SGPS Days Payable Related Terms

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Altri SGPS (XLIS:ALTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (XLIS:ALTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0DJV:UK ACJ:Germany

Address

Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320

Website

https://www.altri.pt

Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.