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Saga Furs Oyj (OHEL:SAGCV) Days Payable : 295.25 (As of Oct. 2023)


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What is Saga Furs Oyj Days Payable?

Saga Furs Oyj's average Accounts Payable for the six months ended in Oct. 2023 was €12.32 Mil. Saga Furs Oyj's Cost of Goods Sold for the six months ended in Oct. 2023 was €7.62 Mil. Hence, Saga Furs Oyj's Days Payable for the six months ended in Oct. 2023 was 295.25.

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

OHEL:SAGCV' s Days Payable Range Over the Past 10 Years
Min: 45.22   Med: 59.04   Max: 375.78
Current: 375.78

During the past 13 years, Saga Furs Oyj's highest Days Payable was 375.78. The lowest was 45.22. And the median was 59.04.

OHEL:SAGCV's Days Payable is ranked better than
96.57% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs OHEL:SAGCV: 375.78

Saga Furs Oyj's Days Payable declined from Oct. 2022 (367.78) to Oct. 2023 (295.25). It may suggest that Saga Furs Oyj accelerated paying its suppliers.


Saga Furs Oyj Days Payable Historical Data

The historical data trend for Saga Furs Oyj'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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Saga Furs Oyj Days Payable Chart

Saga Furs Oyj Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.54 47.44 45.22 74.93 83.23

Saga Furs Oyj Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 179.80 10,222.80 367.78 2,361.42 295.25

Competitive Comparison of Saga Furs Oyj's Days Payable

For the Textile Manufacturing subindustry, Saga Furs Oyj'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.


Saga Furs Oyj's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saga Furs Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Saga Furs Oyj's Days Payable falls into.



Saga Furs Oyj 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.

Saga Furs Oyj's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (1.781 + 2.12) / 2 ) / 8.554*365
=1.9505 / 8.554*365
=83.23

Saga Furs Oyj's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (22.519 + 2.12) / 2 ) / 7.615*365 / 2
=12.3195 / 7.615*365 / 2
=295.25

* 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.


Saga Furs Oyj Days Payable Related Terms

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Saga Furs Oyj (OHEL:SAGCV) Business Description

Traded in Other Exchanges
N/A
Address
Martinkylantie 48, Vantaa, FIN, 01720
Saga Furs Oyj is a fur auction company.

Saga Furs Oyj (OHEL:SAGCV) Headlines

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