Ratos AB (LTS:0GWP) Days Payable : 60.11 (As of Mar. 2024)

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What is Ratos AB Days Payable?

Ratos AB's average Accounts Payable for the three months ended in Mar. 2024 was kr2,803 Mil. Ratos AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr4,255 Mil. Hence, Ratos AB's Days Payable for the three months ended in Mar. 2024 was 60.11.

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

LTS:0GWP' s Days Payable Range Over the Past 10 Years
Min: 46.78 Med: 66.75 Max: 78.5
Current: 55.03

During the past 13 years, Ratos AB's highest Days Payable was 78.50. The lowest was 46.78. And the median was 66.75.

LTS:0GWP's Days Payable is ranked worse than
65.69% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs LTS:0GWP: 55.03

Ratos AB's Days Payable declined from Mar. 2023 (60.57) to Mar. 2024 (60.11). It may suggest that Ratos AB accelerated paying its suppliers.

Ratos AB Days Payable Historical Data

The historical data trend for Ratos 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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Ratos AB Days Payable Chart

Ratos AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.33

67.31

58.00

53.65

54.64

Ratos 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															60.57	-	-	55.74	60.11

Competitive Comparison of Ratos AB's Days Payable

For the Engineering & Construction subindustry, Ratos 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.

Ratos AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Days Payable distribution charts can be found below:

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

Ratos 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.

Ratos 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
=	( (2916	+	2803)	/	2 )	/	19102	*	365
=	2859.5					/	19102	*	365
=	54.64

Ratos 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
=	( (2803	+	0)	/	1 )	/	4255	*	365 / 4
=	2803					/	4255	*	365 / 4
=	60.11

Ratos AB Days Payable Related Terms

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Ratos AB (LTS:0GWP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (LTS:0GWP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RTOBF:USA RATO B:Sweden RATO A:Sweden RATOBs:UK 0KBQ:UK RAZB:Germany

Address

Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11

Website

https://www.ratos.com

Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (LTS:0GWP) Headlines

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