Vilniaus Baldai AB (OVSE:VBL1L) Days Payable : 47.47 (As of Feb. 2024)

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What is Vilniaus Baldai AB Days Payable?

Vilniaus Baldai AB's average Accounts Payable for the three months ended in Feb. 2024 was €9.7 Mil. Vilniaus Baldai AB's Cost of Goods Sold for the three months ended in Feb. 2024 was €18.6 Mil. Hence, Vilniaus Baldai AB's Days Payable for the three months ended in Feb. 2024 was 47.47.

The historical rank and industry rank for Vilniaus Baldai AB's Days Payable or its related term are showing as below:

OVSE:VBL1L' s Days Payable Range Over the Past 10 Years
Min: 26.88 Med: 42.26 Max: 54.56
Current: 42.42

During the past 13 years, Vilniaus Baldai AB's highest Days Payable was 54.56. The lowest was 26.88. And the median was 42.26.

OVSE:VBL1L's Days Payable is ranked worse than
72.41% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs OVSE:VBL1L: 42.42

Vilniaus Baldai AB's Days Payable declined from Feb. 2023 (60.90) to Feb. 2024 (47.47). It may suggest that Vilniaus Baldai AB accelerated paying its suppliers.

Vilniaus Baldai AB Days Payable Historical Data

The historical data trend for Vilniaus Baldai AB'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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Vilniaus Baldai AB Days Payable Chart

Vilniaus Baldai AB Annual Data

Trend

Dec13

Dec14

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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45.77

54.56

46.70

46.98

42.95

Vilniaus Baldai AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															60.90	46.88	38.31	39.46	47.47

Competitive Comparison of Vilniaus Baldai AB's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai AB'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.

Vilniaus Baldai AB's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Vilniaus Baldai AB's Days Payable falls into.

Vilniaus Baldai AB 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.

Vilniaus Baldai AB's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (12.417	+	8.795)	/	2 )	/	90.122	*	365
=	10.606					/	90.122	*	365
=	42.95

Vilniaus Baldai AB's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (11.845	+	7.549)	/	2 )	/	18.641	*	365 / 4
=	9.697					/	18.641	*	365 / 4
=	47.47

Vilniaus Baldai AB Days Payable Related Terms

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

Vilniaus Baldai AB (OVSE:VBL1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vilniaus Baldai AB (OVSE:VBL1L) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148

Website

https://www.vilniausbaldai.lt

Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

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