Stolt-Nielsen (CHIX:SNIO) Days Payable : 18.68 (As of Feb. 2024)

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What is Stolt-Nielsen Days Payable?

Stolt-Nielsen's average Accounts Payable for the three months ended in Feb. 2024 was kr1,135 Mil. Stolt-Nielsen's Cost of Goods Sold for the three months ended in Feb. 2024 was kr5,546 Mil. Hence, Stolt-Nielsen's Days Payable for the three months ended in Feb. 2024 was 18.68.

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

CHIX:SNIo' s Days Payable Range Over the Past 10 Years
Min: 15.25 Med: 16.17 Max: 19.01
Current: 16.68

During the past 13 years, Stolt-Nielsen's highest Days Payable was 19.01. The lowest was 15.25. And the median was 16.17.

CHIX:SNIo's Days Payable is ranked worse than
85.35% of 935 companies
in the Transportation industry
Industry Median: 38.78 vs CHIX:SNIo: 16.68

Stolt-Nielsen's Days Payable increased from Feb. 2023 (18.06) to Feb. 2024 (18.68). It may suggest that Stolt-Nielsen delayed paying its suppliers.

Stolt-Nielsen Days Payable Historical Data

The historical data trend for Stolt-Nielsen'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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Stolt-Nielsen Days Payable Chart

Stolt-Nielsen Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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16.51

18.68

19.01

15.61

16.40

Stolt-Nielsen Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															18.06	13.24	17.25	18.34	18.68

Competitive Comparison of Stolt-Nielsen's Days Payable

For the Marine Shipping subindustry, Stolt-Nielsen'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.

Stolt-Nielsen's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stolt-Nielsen's Days Payable distribution charts can be found below:

* The bar in red indicates where Stolt-Nielsen's Days Payable falls into.

Stolt-Nielsen 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.

Stolt-Nielsen's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (984.15	+	1164.523)	/	2 )	/	23916.127	*	365
=	1074.3365					/	23916.127	*	365
=	16.40

Stolt-Nielsen's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1164.523	+	1105.994)	/	2 )	/	5546.396	*	365 / 4
=	1135.2585					/	5546.396	*	365 / 4
=	18.68

Stolt-Nielsen Days Payable Related Terms

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Stolt-Nielsen (CHIX:SNIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stolt-Nielsen Ltd (CHIX:SNIo) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SOIEF:USA SNIO:Sweden SNI:Norway SN6:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

https://www.stolt-nielsen.com

Stolt-Nielsen Ltd is a transportation and logistics company domiciled in Bermuda. The company organizes itself into five business segments: tankers, tank containers, terminals, Stolt-Nielsen Gas, and Stolt Sea Farm. The Group generates the majority of its operating revenue through its tanker segment from the transportation of liquids by sea and inland waterways under contracts of affreightment or through contracts on the spot market.

Stolt-Nielsen (CHIX:SNIO) Headlines

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