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Alefarm Brewing A/S (OCSE:ALEFRM) Days Payable : 10.47 (As of Dec. 2023)


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What is Alefarm Brewing A/S Days Payable?

Alefarm Brewing A/S's average Accounts Payable for the six months ended in Dec. 2023 was kr0.20 Mil. Alefarm Brewing A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr3.44 Mil. Hence, Alefarm Brewing A/S's Days Payable for the six months ended in Dec. 2023 was 10.47.

The historical rank and industry rank for Alefarm Brewing A/S's Days Payable or its related term are showing as below:

OCSE:ALEFRM' s Days Payable Range Over the Past 10 Years
Min: 9.78   Med: 23.3   Max: 83.42
Current: 11.32

During the past 6 years, Alefarm Brewing A/S's highest Days Payable was 83.42. The lowest was 9.78. And the median was 23.30.

OCSE:ALEFRM's Days Payable is ranked worse than
97.55% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 79.59 vs OCSE:ALEFRM: 11.32

Alefarm Brewing A/S's Days Payable declined from Dec. 2022 (12.63) to Dec. 2023 (10.47). It may suggest that Alefarm Brewing A/S accelerated paying its suppliers.


Alefarm Brewing A/S Days Payable Historical Data

The historical data trend for Alefarm Brewing A/S'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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Alefarm Brewing A/S Days Payable Chart

Alefarm Brewing A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 32.81 26.83 19.77 9.78 9.89

Alefarm Brewing A/S Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.14 14.27 12.63 13.68 10.47

Competitive Comparison of Alefarm Brewing A/S's Days Payable

For the Beverages - Brewers subindustry, Alefarm Brewing A/S'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.


Alefarm Brewing A/S's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Alefarm Brewing A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Alefarm Brewing A/S's Days Payable falls into.



Alefarm Brewing A/S 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.

Alefarm Brewing A/S'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
=( (0.23 + 0.134) / 2 ) / 6.72*365
=0.182 / 6.72*365
=9.89

Alefarm Brewing A/S'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.261 + 0.134) / 2 ) / 3.443*365 / 2
=0.1975 / 3.443*365 / 2
=10.47

* 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.


Alefarm Brewing A/S Days Payable Related Terms

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Alefarm Brewing A/S (OCSE:ALEFRM) Business Description

Traded in Other Exchanges
Address
Lunikvej 2B, Greve Municipality, DNK, DK-2670
Alefarm Brewing A/S is a family-run craft brewery with a focus on modern hoppy offerings, a wide array of unique, flavorful farmhouse ales and full-bodied stouts, rich in flavor and character. The company's products include beers of various flavors.

Alefarm Brewing A/S (OCSE:ALEFRM) Headlines

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