Midsona AB (OSTO:MSON A) Days Payable : 48.60 (As of Mar. 2024)

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What is Midsona AB Days Payable?

Midsona AB's average Accounts Payable for the three months ended in Mar. 2024 was kr352 Mil. Midsona AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr660 Mil. Hence, Midsona AB's Days Payable for the three months ended in Mar. 2024 was 48.60.

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

OSTO:MSON A' s Days Payable Range Over the Past 10 Years
Min: 42.29 Med: 53.62 Max: 65.1
Current: 46.94

During the past 13 years, Midsona AB's highest Days Payable was 65.10. The lowest was 42.29. And the median was 53.62.

OSTO:MSON A's Days Payable is ranked better than
51.43% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs OSTO:MSON A: 46.94

Midsona AB's Days Payable increased from Mar. 2023 (47.21) to Mar. 2024 (48.60). It may suggest that Midsona AB delayed paying its suppliers.

Midsona AB Days Payable Historical Data

The historical data trend for Midsona AB'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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Midsona AB Days Payable Chart

Midsona AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.05

47.33

49.43

42.29

43.15

Midsona AB 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															47.21	50.18	46.09	39.64	48.60

Competitive Comparison of Midsona AB's Days Payable

For the Packaged Foods subindustry, Midsona AB'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.

Midsona AB's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Midsona AB 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.

Midsona AB'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
=	( (358	+	312)	/	2 )	/	2834	*	365
=	335					/	2834	*	365
=	43.15

Midsona AB'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
=	( (312	+	391)	/	2 )	/	660	*	365 / 4
=	351.5					/	660	*	365 / 4
=	48.60

Midsona AB Days Payable Related Terms

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Midsona AB (OSTO:MSON A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Midsona AB (OSTO:MSON A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MSON B:Sweden

Address

Dockplatsen 16, Box 21009, Malmo, SWE, 200 21

Website

http://www.midsona.com

Midsona AB is a consumer goods company. It markets and sells health foods, sports nutrition, superfood, dietary supplements,and cold remedies. Its products are within three categories: organic products, healthfoods and self care products. The firm markets and sells its products under Urtekram, Friggs, Dalblads, Naturdiet, Tri tolonen, Kung markatta, Helios and Miwana brand names. It operates in Sweden, Norway, and Finland.

Midsona AB (OSTO:MSON A) Headlines

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