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Aroma Ad (XBUL:AROM) Days Payable : 60.64 (As of Mar. 2024)


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What is Aroma Ad Days Payable?

Aroma Ad's average Accounts Payable for the three months ended in Mar. 2024 was лв3.66 Mil. Aroma Ad's Cost of Goods Sold for the three months ended in Mar. 2024 was лв5.51 Mil. Hence, Aroma Ad's Days Payable for the three months ended in Mar. 2024 was 60.64.

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

XBUL:AROM' s Days Payable Range Over the Past 10 Years
Min: 52.84   Med: 58.9   Max: 72.56
Current: 64.59

During the past 13 years, Aroma Ad's highest Days Payable was 72.56. The lowest was 52.84. And the median was 58.90.

XBUL:AROM's Days Payable is ranked better than
68.01% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XBUL:AROM: 64.59

Aroma Ad's Days Payable declined from Mar. 2023 (62.04) to Mar. 2024 (60.64). It may suggest that Aroma Ad accelerated paying its suppliers.


Aroma Ad Days Payable Historical Data

The historical data trend for Aroma Ad'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.

Aroma Ad Days Payable Chart

Aroma Ad Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.73 55.29 72.56 59.56 63.85

Aroma Ad 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.04 65.48 58.61 67.87 60.64

Competitive Comparison of Aroma Ad's Days Payable

For the Household & Personal Products subindustry, Aroma Ad'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.


Aroma Ad's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Aroma Ad's Days Payable falls into.



Aroma Ad 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.

Aroma Ad'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
=( (4.26 + 3.382) / 2 ) / 21.843*365
=3.821 / 21.843*365
=63.85

Aroma Ad'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
=( (3.382 + 3.935) / 2 ) / 5.505*365 / 4
=3.6585 / 5.505*365 / 4
=60.64

* 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.


Aroma Ad Days Payable Related Terms

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Aroma Ad (XBUL:AROM) Business Description

Traded in Other Exchanges
N/A
Address
12 Kiril Blagoev Street, Sofia, BGR, 1271
Aroma Ad manufactures range of perfumery and cosmetic products with natural ingredients. Its products range consists of product groups such as hair care, face care, and oral care, perfumery, toilette water and perfumes, cosmetics for men and kids.

Aroma Ad (XBUL:AROM) Headlines

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