Cheffelo AB (publ) (OSTO:CHEF) Days Payable : 40.25 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Cheffelo AB (publ) Days Payable?

Cheffelo AB (publ)'s average Accounts Payable for the three months ended in Mar. 2024 was kr72 Mil. Cheffelo AB (publ)'s Cost of Goods Sold for the three months ended in Mar. 2024 was kr163 Mil. Hence, Cheffelo AB (publ)'s Days Payable for the three months ended in Mar. 2024 was 40.25.

The historical rank and industry rank for Cheffelo AB (publ)'s Days Payable or its related term are showing as below:

OSTO:CHEF' s Days Payable Range Over the Past 10 Years
Min: 33.47 Med: 36.35 Max: 46.48
Current: 46.48

During the past 7 years, Cheffelo AB (publ)'s highest Days Payable was 46.48. The lowest was 33.47. And the median was 36.35.

OSTO:CHEF's Days Payable is ranked better than
52.94% of 306 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs OSTO:CHEF: 46.48

Cheffelo AB (publ)'s Days Payable increased from Mar. 2023 (35.64) to Mar. 2024 (40.25). It may suggest that Cheffelo AB (publ) delayed paying its suppliers.

Cheffelo AB (publ) Days Payable Historical Data

The historical data trend for Cheffelo AB (publ)'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.

Cheffelo AB (publ) Days Payable Chart

Cheffelo AB (publ) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

42.03

33.47

34.59

40.47

37.55

Cheffelo AB (publ) Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														35.64	44.65	52.92	46.00	40.25

Competitive Comparison of Cheffelo AB (publ)'s Days Payable

For the Food Distribution subindustry, Cheffelo AB (publ)'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.

Cheffelo AB (publ)'s Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Cheffelo AB (publ)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Cheffelo AB (publ)'s Days Payable falls into.

Cheffelo AB (publ) 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.

Cheffelo AB (publ)'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
=	( (53.969	+	62.613)	/	2 )	/	566.537	*	365
=	58.291					/	566.537	*	365
=	37.55

Cheffelo AB (publ)'s Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (62.613	+	81.461)	/	2 )	/	163.294	*	365 / 4
=	72.037					/	163.294	*	365 / 4
=	40.25

Cheffelo AB (publ) Days Payable Related Terms

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

Cheffelo AB (publ) (OSTO:CHEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Cheffelo AB (publ) (OSTO:CHEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lofstroms Alle 5, Sundbyberg, Stockholm, SWE, 172 66

Website

https://www.cheffelo.com

Cheffelo AB (publ) is simplifying everyday life by offering a large variety of inspiring meals delivered directly to the customer's front door. The Group is a supplier of meal kits in the Nordic region and considers itself a leader in Scandinavian food tech. The Group operates in Sweden, Norway and Denmark under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt.