Icelandiclmon AS (OSL:ISLAX) Days Payable : 25.39 (As of Dec. 2023)

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What is Icelandiclmon AS Days Payable?

Icelandiclmon AS's average Accounts Payable for the six months ended in Dec. 2023 was kr110 Mil. Icelandiclmon AS's Cost of Goods Sold for the six months ended in Dec. 2023 was kr790 Mil. Hence, Icelandiclmon AS's Days Payable for the six months ended in Dec. 2023 was 25.39.

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

OSL:ISLAX' s Days Payable Range Over the Past 10 Years
Min: 34.39 Med: 65.41 Max: 138.83
Current: 35.12

During the past 7 years, Icelandiclmon AS's highest Days Payable was 138.83. The lowest was 34.39. And the median was 65.41.

OSL:ISLAX's Days Payable is ranked worse than
63.98% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs OSL:ISLAX: 35.12

Icelandiclmon AS's Days Payable declined from Dec. 2022 (36.59) to Dec. 2023 (25.39). It may suggest that Icelandiclmon AS accelerated paying its suppliers.

Icelandiclmon AS Days Payable Historical Data

The historical data trend for Icelandiclmon AS'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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Icelandiclmon AS Days Payable Chart

Icelandiclmon AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.05

98.61

64.76

48.18

34.39

Icelandiclmon AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						37.05	70.37	36.59	55.92	25.39

Competitive Comparison of Icelandiclmon AS's Days Payable

For the Farm Products subindustry, Icelandiclmon AS'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.

Icelandiclmon AS's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Icelandiclmon AS 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.

Icelandiclmon AS'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
=	( (122.476	+	99.845)	/	2 )	/	1179.784	*	365
=	111.1605					/	1179.784	*	365
=	34.39

Icelandiclmon AS'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (120.117	+	99.845)	/	2 )	/	790.434	*	365 / 2
=	109.981					/	790.434	*	365 / 2
=	25.39

Icelandiclmon AS Days Payable Related Terms

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Icelandiclmon AS (OSL:ISLAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Icelandic Salmon AS (OSL:ISLAX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ISLAX:Iceland

Address

Industriveien 51, Kverva, NOR, 7266

Website

https://www.arnarlax.is

Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing, and sale of high-quality Icelandic salmon. Geographically, it derives a majority of revenue from Europe excluding Norway.

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