SkiStar AB (OSTO:SKIS B) Days Payable : 31.69 (As of Feb. 2024)

View and export this data going back to 1994. Start your Free Trial

What is SkiStar AB Days Payable?

SkiStar AB's average Accounts Payable for the three months ended in Feb. 2024 was kr324 Mil. SkiStar AB's Cost of Goods Sold for the three months ended in Feb. 2024 was kr934 Mil. Hence, SkiStar AB's Days Payable for the three months ended in Feb. 2024 was 31.69.

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

OSTO:SKIS B' s Days Payable Range Over the Past 10 Years
Min: 34.39 Med: 38.99 Max: 48.99
Current: 47.27

During the past 13 years, SkiStar AB's highest Days Payable was 48.99. The lowest was 34.39. And the median was 38.99.

OSTO:SKIS B's Days Payable is ranked worse than
57.14% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs OSTO:SKIS B: 47.27

SkiStar AB's Days Payable declined from Feb. 2023 (32.41) to Feb. 2024 (31.69). It may suggest that SkiStar AB accelerated paying its suppliers.

SkiStar AB Days Payable Historical Data

The historical data trend for SkiStar 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.

* Premium members only.

SkiStar AB Days Payable Chart

SkiStar AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

43.05

34.39

35.36

37.13

35.81

SkiStar AB 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															32.41	38.51	62.40	87.51	31.69

Competitive Comparison of SkiStar AB's Days Payable

For the Resorts & Casinos subindustry, SkiStar 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.

SkiStar AB's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Days Payable distribution charts can be found below:

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

SkiStar 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.

SkiStar AB's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (223.159	+	188.041)	/	2 )	/	2095.81	*	365
=	205.6					/	2095.81	*	365
=	35.81

SkiStar AB'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
=	( (333.859	+	315.002)	/	2 )	/	934.196	*	365 / 4
=	324.4305					/	934.196	*	365 / 4
=	31.69

SkiStar AB Days Payable Related Terms

Thank you for viewing the detailed overview of SkiStar AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

SkiStar AB (OSTO:SKIS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkiStar AB (OSTO:SKIS B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SKISBs:UK 3AJ:Germany

Address

Salfjallsgarden, Salen, SWE, 78067

Website

https://www.skistar.com

SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

No Headlines