Viking Holdings (Viking Holdings) Days Payable : 31.62 (As of Dec. 2023)

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What is Viking Holdings Days Payable?

Viking Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $242 Mil. Viking Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $700 Mil. Hence, Viking Holdings's Days Payable for the three months ended in Dec. 2023 was 31.62.

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

VIK' s Days Payable Range Over the Past 10 Years
Min: 25.7 Med: 28.12 Max: 118.22
Current: 118.22

During the past 3 years, Viking Holdings's highest Days Payable was 118.22. The lowest was 25.70. And the median was 28.12.

VIK's Days Payable is ranked better than
70.88% of 759 companies
in the Travel & Leisure industry
Industry Median: 58.02 vs VIK: 118.22

Viking Holdings's Days Payable increased from Dec. 2021 (0.00) to Dec. 2023 (31.62). It may suggest that Viking Holdings delayed paying its suppliers.

Viking Holdings Days Payable Historical Data

The historical data trend for Viking Holdings'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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Viking Holdings Days Payable Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

55.42

25.70

28.12

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Sep23	Dec23
Days Payable	-	-	30.11	-	31.62

Competitive Comparison of Viking Holdings's Days Payable

For the Travel Services subindustry, Viking Holdings'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.

Viking Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Viking Holdings's Days Payable falls into.

Viking Holdings 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.

Viking Holdings'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
=	( (194.893	+	244.581)	/	2 )	/	2851.784	*	365
=	219.737					/	2851.784	*	365
=	28.12

Viking Holdings'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
=	( (240.218	+	244.581)	/	2 )	/	699.52	*	365 / 4
=	242.3995					/	699.52	*	365 / 4
=	31.62

Viking Holdings Days Payable Related Terms

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Viking Holdings (Viking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines

From GuruFocus

Viking Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

By PRNewswire • 05-03-2024