Bjorn Borg AB (STU:6BB0) Days Payable : 98.07 (As of Dec. 2023)

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What is Bjorn Borg AB Days Payable?

Bjorn Borg AB's average Accounts Payable for the three months ended in Dec. 2023 was €8.20 Mil. Bjorn Borg AB's Cost of Goods Sold for the three months ended in Dec. 2023 was €7.63 Mil. Hence, Bjorn Borg AB's Days Payable for the three months ended in Dec. 2023 was 98.07.

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

STU:6BB0' s Days Payable Range Over the Past 10 Years
Min: 19.52 Med: 42.91 Max: 110.02
Current: 83.53

During the past 13 years, Bjorn Borg AB's highest Days Payable was 110.02. The lowest was 19.52. And the median was 42.91.

STU:6BB0's Days Payable is ranked better than
69.85% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs STU:6BB0: 83.53

Bjorn Borg AB's Days Payable increased from Dec. 2022 (84.75) to Dec. 2023 (98.07). It may suggest that Bjorn Borg AB delayed paying its suppliers.

Bjorn Borg AB Days Payable Historical Data

The historical data trend for Bjorn Borg 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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Bjorn Borg AB Days Payable Chart

Bjorn Borg AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.05

71.57

90.83

93.28

110.86

Bjorn Borg AB 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															84.75	56.91	104.39	66.11	98.07

Competitive Comparison of Bjorn Borg AB's Days Payable

For the Apparel Manufacturing subindustry, Bjorn Borg 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.

Bjorn Borg AB's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Days Payable distribution charts can be found below:

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

Bjorn Borg 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.

Bjorn Borg 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
=	( (9.644	+	12.139)	/	2 )	/	35.86	*	365
=	10.8915					/	35.86	*	365
=	110.86

Bjorn Borg AB'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
=	( (4.262	+	12.139)	/	2 )	/	7.63	*	365 / 4
=	8.2005					/	7.63	*	365 / 4
=	98.07

Bjorn Borg AB Days Payable Related Terms

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Bjorn Borg AB (STU:6BB0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bjorn Borg AB (STU:6BB0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BORG:Sweden

Address

Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70

Website

https://www.bjornborg.com

Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

Bjorn Borg AB (STU:6BB0) Headlines

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