Atlantic Grupa dd (ZAG:ATGR) Days Payable : 106.44 (As of Mar. 2024)

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What is Atlantic Grupa dd Days Payable?

Atlantic Grupa dd's average Accounts Payable for the three months ended in Mar. 2024 was €170.2 Mil. Atlantic Grupa dd's Cost of Goods Sold for the three months ended in Mar. 2024 was €145.9 Mil. Hence, Atlantic Grupa dd's Days Payable for the three months ended in Mar. 2024 was 106.44.

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

ZAG:ATGR' s Days Payable Range Over the Past 10 Years
Min: 70.92 Med: 80.75 Max: 108.36
Current: 108.36

During the past 13 years, Atlantic Grupa dd's highest Days Payable was 108.36. The lowest was 70.92. And the median was 80.75.

ZAG:ATGR's Days Payable is ranked better than
83.95% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs ZAG:ATGR: 108.36

Atlantic Grupa dd's Days Payable increased from Mar. 2023 (98.74) to Mar. 2024 (106.44). It may suggest that Atlantic Grupa dd delayed paying its suppliers.

Atlantic Grupa dd Days Payable Historical Data

The historical data trend for Atlantic Grupa dd'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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Atlantic Grupa dd Days Payable Chart

Atlantic Grupa dd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.45

82.75

80.44

73.68

70.92

Atlantic Grupa dd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															98.74	120.10	112.46	89.06	106.44

Competitive Comparison of Atlantic Grupa dd's Days Payable

For the Packaged Foods subindustry, Atlantic Grupa dd'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.

Atlantic Grupa dd's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Atlantic Grupa dd's Days Payable falls into.

Atlantic Grupa dd 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.

Atlantic Grupa dd'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
=	( (114.787	+	126.34)	/	2 )	/	620.46	*	365
=	120.5635					/	620.46	*	365
=	70.92

Atlantic Grupa dd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (126.34	+	214.075)	/	2 )	/	145.921	*	365 / 4
=	170.2075					/	145.921	*	365 / 4
=	106.44

Atlantic Grupa dd Days Payable Related Terms

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Atlantic Grupa dd (ZAG:ATGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Atlantic Grupa dd (ZAG:ATGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miramarska 23, Zagreb, HRV, 10000

Website

https://www.atlanticgrupa.com

Atlantic Grupa dd is a Croatia based company engaged in the production and distribution of fast moving consumer goods. The company's strategic business unit products include coffee, beverages, Savoury Spreads, Snacks, Pharmacy, and Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The company sells its products in Croatia, and internationally of which the majority of the revenue is generated from sales made in Croatia and Serbia.

Atlantic Grupa dd (ZAG:ATGR) Headlines

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