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Savencia (XPAR:SAVE) Days Payable : 92.52 (As of Jun. 2023)


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What is Savencia Days Payable?

Savencia's average Accounts Payable for the six months ended in Jun. 2023 was €1,155 Mil. Savencia's Cost of Goods Sold for the six months ended in Jun. 2023 was €2,279 Mil. Hence, Savencia's Days Payable for the six months ended in Jun. 2023 was 92.52.

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

XPAR:SAVE' s Days Payable Range Over the Past 10 Years
Min: 71.34   Med: 80.08   Max: 190.92
Current: 190.92

During the past 13 years, Savencia's highest Days Payable was 190.92. The lowest was 71.34. And the median was 80.08.

XPAR:SAVE's Days Payable is ranked better than
92.61% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs XPAR:SAVE: 190.92

Savencia's Days Payable declined from Jun. 2022 (117.10) to Jun. 2023 (92.52). It may suggest that Savencia accelerated paying its suppliers.


Savencia Days Payable Historical Data

The historical data trend for Savencia'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.

Savencia Days Payable Chart

Savencia 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 71.34 75.09 101.18 114.30 -

Savencia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 118.05 117.10 104.25 92.52 -

Competitive Comparison of Savencia's Days Payable

For the Packaged Foods subindustry, Savencia'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.


Savencia's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Savencia 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.

Savencia'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
=( (1272.443 + 1461.032) / 2 ) / 4364.581*365
=1366.7375 / 4364.581*365
=114.30

Savencia'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
=( (1461.032 + 849.852) / 2 ) / 2279.268*365 / 2
=1155.442 / 2279.268*365 / 2
=92.52

* 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.


Savencia Days Payable Related Terms

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


Savencia (XPAR:SAVE) Business Description

Traded in Other Exchanges
Address
42 rue Rieussec, Viroflay, FRA, 78220
Savencia SA is a producer of high value-added dairy products. The company produces consumers products such as cheese, butter and cream, for the retail market and foodservice professionals, as well as technical butters and specific dairy proteins for the food, dietetic and health industries under the brands Aperivrais de Saint Moret, Boursault, Elle & Vire, Bakony, Chavrie and Saladena, among many others. The company has operations in Europe, North and South America, Middle East and Asia.