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Agrobacka a.d (XBEL:AGBC) Days Payable : 46.27 (As of Dec. 2023)


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What is Agrobacka a.d Days Payable?

Agrobacka a.d's average Accounts Payable for the six months ended in Dec. 2023 was RSD2.24 Mil. Agrobacka a.d's Cost of Goods Sold for the six months ended in Dec. 2023 was RSD8.84 Mil. Hence, Agrobacka a.d's Days Payable for the six months ended in Dec. 2023 was 46.27.

The historical rank and industry rank for Agrobacka a.d's Days Payable or its related term are showing as below:

XBEL:AGBC' s Days Payable Range Over the Past 10 Years
Min: 14.09   Med: 52.66   Max: 133.99
Current: 54.38

During the past 13 years, Agrobacka a.d's highest Days Payable was 133.99. The lowest was 14.09. And the median was 52.66.

XBEL:AGBC's Days Payable is ranked better than
59.56% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs XBEL:AGBC: 54.38

Agrobacka a.d's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (46.27). It may suggest that Agrobacka a.d delayed paying its suppliers.


Agrobacka a.d Days Payable Historical Data

The historical data trend for Agrobacka a.d'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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Agrobacka a.d Days Payable Chart

Agrobacka a.d Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.57 47.35 37.97 14.09 57.97

Agrobacka a.d Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7.06 - 61.39 46.27

Competitive Comparison of Agrobacka a.d's Days Payable

For the Farm Products subindustry, Agrobacka a.d'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.


Agrobacka a.d's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agrobacka a.d's Days Payable distribution charts can be found below:

* The bar in red indicates where Agrobacka a.d's Days Payable falls into.



Agrobacka a.d 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.

Agrobacka a.d'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
=( (2.297 + 2.522) / 2 ) / 15.17*365
=2.4095 / 15.17*365
=57.97

Agrobacka a.d'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.961 + 2.522) / 2 ) / 8.841*365 / 2
=2.2415 / 8.841*365 / 2
=46.27

* 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.


Agrobacka a.d Days Payable Related Terms

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Agrobacka a.d (XBEL:AGBC) Business Description

Traded in Other Exchanges
N/A
Address
MARSALA PROTECTION 8, Backa Topola, SRB
Agrobacka a.d. is engaged in growing and plantations of corn and other crops. It also carries out production, processing, sorting and packaging of seeds and grains. It also performs agricultural services, such as drying of seeds of cereals and other seeds sorting.

Agrobacka a.d (XBEL:AGBC) Headlines

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