SalMar ASA (OSL:SALM) Days Payable : 85.12 (As of Dec. 2023)

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What is SalMar ASA Days Payable?

SalMar ASA's average Accounts Payable for the three months ended in Dec. 2023 was kr4,106 Mil. SalMar ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr4,402 Mil. Hence, SalMar ASA's Days Payable for the three months ended in Dec. 2023 was 85.12.

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

OSL:SALM' s Days Payable Range Over the Past 10 Years
Min: 48.35 Med: 102.49 Max: 120.52
Current: 110.53

During the past 13 years, SalMar ASA's highest Days Payable was 120.52. The lowest was 48.35. And the median was 102.49.

OSL:SALM's Days Payable is ranked better than
84.83% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.76 vs OSL:SALM: 110.53

SalMar ASA's Days Payable increased from Dec. 2022 (71.36) to Dec. 2023 (85.12). It may suggest that SalMar ASA delayed paying its suppliers.

SalMar ASA Days Payable Historical Data

The historical data trend for SalMar ASA'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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SalMar ASA Days Payable Chart

SalMar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.51

101.28

120.52

112.56

115.92

SalMar ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															71.36	117.47	135.10	121.81	85.12

Competitive Comparison of SalMar ASA's Days Payable

For the Farm Products subindustry, SalMar ASA'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.

SalMar ASA's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Days Payable distribution charts can be found below:

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

SalMar ASA 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.

SalMar ASA'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
=	( (3337.649	+	3965.936)	/	2 )	/	11498.746	*	365
=	3651.7925					/	11498.746	*	365
=	115.92

SalMar ASA'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
=	( (4246	+	3965.936)	/	2 )	/	4401.746	*	365 / 4
=	4105.968					/	4401.746	*	365 / 4
=	85.12

SalMar ASA Days Payable Related Terms

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SalMar ASA (OSL:SALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OSL:SALM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SALRY:USA SALRF:USA SALMO:Sweden 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.