Smart Good Things Holding (XPAR:MLSGT) Days Payable : 27.45 (As of Jun. 2023)

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What is Smart Good Things Holding Days Payable?

Smart Good Things Holding's average Accounts Payable for the six months ended in Jun. 2023 was €2.73 Mil. Smart Good Things Holding's Cost of Goods Sold for the six months ended in Jun. 2023 was €18.12 Mil. Hence, Smart Good Things Holding's Days Payable for the six months ended in Jun. 2023 was 27.45.

The historical rank and industry rank for Smart Good Things Holding's Days Payable or its related term are showing as below:

XPAR:MLSGT' s Days Payable Range Over the Past 10 Years
Min: 25.29 Med: 35.48 Max: 35.48
Current: 25.29

During the past 2 years, Smart Good Things Holding's highest Days Payable was 35.48. The lowest was 25.29. And the median was 35.48.

XPAR:MLSGT's Days Payable is ranked worse than
78.64% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs XPAR:MLSGT: 25.29

Smart Good Things Holding's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (27.45). It may suggest that Smart Good Things Holding delayed paying its suppliers.

Smart Good Things Holding Days Payable Historical Data

The historical data trend for Smart Good Things Holding'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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Smart Good Things Holding Days Payable Chart

Smart Good Things Holding Annual Data

Trend

Dec21

Dec22

Days Payable

35.48

Smart Good Things Holding Semi-Annual Data
	Jun22	Dec22	Jun23
Days Payable	-	33.38	27.45

Competitive Comparison of Smart Good Things Holding's Days Payable

For the Packaged Foods subindustry, Smart Good Things Holding'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.

Smart Good Things Holding's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Smart Good Things Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Smart Good Things Holding's Days Payable falls into.

Smart Good Things Holding 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.

Smart Good Things Holding's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.34	+	3.881)	/	2 )	/	21.71	*	365
=	2.1105					/	21.71	*	365
=	35.48

Smart Good Things Holding's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (3.881	+	1.57)	/	2 )	/	18.123	*	365 / 2
=	2.7255					/	18.123	*	365 / 2
=	27.45

Smart Good Things Holding Days Payable Related Terms

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Smart Good Things Holding (XPAR:MLSGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Smart Good Things Holding SA (XPAR:MLSGT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Bernard Palissy, Puteaux-la-Defense, FRA, 92800

Website

https://smartgoodthings.com

Smart Good Things Holding SA is a holding company organized mainly around two business segments namely production of powdered preparations for nutritional instant drinks and development of a concierge service platform dedicated to the elderly: a platform offering services related to assistance in the small daily tasks, food shopping, support in the daily procedures.

Smart Good Things Holding (XPAR:MLSGT) Headlines

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