Rottneros AB (Rottneros AB) Days Payable : 54.46 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Rottneros AB Days Payable?

Rottneros AB's average Accounts Payable for the three months ended in Mar. 2024 was $27.7 Mil. Rottneros AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $46.4 Mil. Hence, Rottneros AB's Days Payable for the three months ended in Mar. 2024 was 54.46.

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

RTERF' s Days Payable Range Over the Past 10 Years
Min: 47.18 Med: 58.1 Max: 69.26
Current: 59.17

During the past 13 years, Rottneros AB's highest Days Payable was 69.26. The lowest was 47.18. And the median was 58.10.

RTERF's Days Payable is ranked better than
50.54% of 279 companies
in the Forest Products industry
Industry Median: 58.53 vs RTERF: 59.17

Rottneros AB's Days Payable declined from Mar. 2023 (68.30) to Mar. 2024 (54.46). It may suggest that Rottneros AB accelerated paying its suppliers.

Rottneros AB Days Payable Historical Data

The historical data trend for Rottneros 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.

* Premium members only.

Rottneros AB Days Payable Chart

Rottneros AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

56.89

56.80

69.86

73.55

62.39

Rottneros AB Quarterly Data
	Jun19	Sep19	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															68.30	-	-	60.27	54.46

Competitive Comparison of Rottneros AB's Days Payable

For the Paper & Paper Products subindustry, Rottneros 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.

Rottneros AB's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Rottneros AB's Days Payable distribution charts can be found below:

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

Rottneros 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.

Rottneros AB'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
=	( (27.366	+	27.687)	/	2 )	/	161.051	*	365
=	27.5265					/	161.051	*	365
=	62.39

Rottneros AB'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
=	( (27.687	+	0)	/	1 )	/	46.392	*	365 / 4
=	27.687					/	46.392	*	365 / 4
=	54.46

Rottneros AB Days Payable Related Terms

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

Rottneros AB (Rottneros AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Rottneros AB (OTCPK:RTERF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RROS:Sweden

Address

Rottneros Bruk, Box 144, Soderhamn, SWE, 826 23

Website

https://www.rottneros.com

Rottneros AB, together with its subsidiaries, produces and sells bleached and unbleached chemical pulp as well as mechanical pulp in Europe and internationally. The pulp is used for the production of board & packaging, filters, electrotechnical applications, tissue paper, printing & printing paper and other special applications. Geographically, it derives the majority of its revenue from Europe. Rottneros also develops and sells molded fiber trays and technology for this production.

Rottneros AB (Rottneros AB) Headlines

From GuruFocus

Q4 2021 Rottneros AB Earnings Call Transcript

By GuruFocus Research • 03-07-2024

Rottneros AB Q2 2022 Presentation Transcript

By GuruFocus Research • 03-07-2024

Rottneros AB Q1 2022 Presentation Transcript

By GuruFocus Research • 03-07-2024

Q3 2022 Rottneros AB Earnings Presentation Transcript

By GuruFocus Research • 03-07-2024