Brim hf (OISE:BRIM) Days Payable : 32.43 (As of Dec. 2023)

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What is Brim hf Days Payable?

Brim hf's average Accounts Payable for the three months ended in Dec. 2023 was kr4,444 Mil. Brim hf's Cost of Goods Sold for the three months ended in Dec. 2023 was kr12,503 Mil. Hence, Brim hf's Days Payable for the three months ended in Dec. 2023 was 32.43.

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

OISE:BRIM' s Days Payable Range Over the Past 10 Years
Min: 19.61 Med: 25.31 Max: 69.14
Current: 69.14

During the past 13 years, Brim hf's highest Days Payable was 69.14. The lowest was 19.61. And the median was 25.31.

OISE:BRIM's Days Payable is ranked better than
70.37% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs OISE:BRIM: 69.14

Brim hf's Days Payable declined from Dec. 2022 (34.59) to Dec. 2023 (32.43). It may suggest that Brim hf accelerated paying its suppliers.

Brim hf Days Payable Historical Data

The historical data trend for Brim hf'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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Brim hf Days Payable Chart

Brim hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.86

23.30

20.90

21.14

19.61

Brim hf Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															34.59	108.97	119.51	60.61	32.43

Competitive Comparison of Brim hf's Days Payable

For the Farm Products subindustry, Brim hf'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.

Brim hf's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Brim hf 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.

Brim hf'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
=	( (2987.386	+	2477.379)	/	2 )	/	50850.851	*	365
=	2732.3825					/	50850.851	*	365
=	19.61

Brim hf's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6409.79	+	2477.379)	/	2 )	/	12503.03	*	365 / 4
=	4443.5845					/	12503.03	*	365 / 4
=	32.43

Brim hf Days Payable Related Terms

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Brim hf (OISE:BRIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Brim hf (OISE:BRIM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nordurgardur 1, Reykjavik, ISL, 101

Website

https://www.brim.is

Brim hf is engaged in production and processing of seafood products in Iceland. It is engaged in the fishing and processing of groundfish and pelagic fish. It produces both frozen and fresh products. The company focuses on sophisticated fishing and processing technology and continuous production development.

Brim hf (OISE:BRIM) Headlines

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