Algreen (XPAR:ALGRE) Days Payable : 34.56 (As of Sep. 2023)

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What is Algreen Days Payable?

Algreen's average Accounts Payable for the six months ended in Sep. 2023 was €0.55 Mil. Algreen's Cost of Goods Sold for the six months ended in Sep. 2023 was €2.91 Mil. Hence, Algreen's Days Payable for the six months ended in Sep. 2023 was 34.56.

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

XPAR:ALGRE' s Days Payable Range Over the Past 10 Years
Min: 66.77 Med: 82.72 Max: 254.58
Current: 254.58

During the past 5 years, Algreen's highest Days Payable was 254.58. The lowest was 66.77. And the median was 82.72.

XPAR:ALGRE's Days Payable is ranked better than
98.37% of 307 companies
in the Retail - Defensive industry
Industry Median: 43.48 vs XPAR:ALGRE: 254.58

Algreen's Days Payable increased from Sep. 2022 (21.55) to Sep. 2023 (34.56). It may suggest that Algreen delayed paying its suppliers.

Algreen Days Payable Historical Data

The historical data trend for Algreen'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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Algreen Days Payable Chart

Algreen Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

138.98

71.18

66.77

82.72

90.64

Algreen Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial				-	90.33	21.55	-	34.56

Competitive Comparison of Algreen's Days Payable

For the Food Distribution subindustry, Algreen'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.

Algreen's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Algreen's Days Payable distribution charts can be found below:

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

Algreen 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.

Algreen's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0.598	+	0.669)	/	2 )	/	2.551	*	365
=	0.6335					/	2.551	*	365
=	90.64

Algreen's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.142	+	0.96)	/	2 )	/	2.91	*	365 / 2
=	0.551					/	2.91	*	365 / 2
=	34.56

Algreen Days Payable Related Terms

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Algreen (XPAR:ALGRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Algreen (XPAR:ALGRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dieu 9 Rue des cuirassiers, Wellio Lyon Part, Lyon, FRA, 69003

Website

http://www.lestoquesblanchesdumonde.com

Algreen engages in the distribution of food products. It specializes in multi-activity agrifood with a strategy of integrating companies, industries, and brands within the same group while favoring traditional and innovative SMEs.

Algreen (XPAR:ALGRE) Headlines

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