NCC AB (NCC AB) Days Payable : 38.44 (As of Dec. 2023)

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What is NCC AB Days Payable?

NCC AB's average Accounts Payable for the three months ended in Dec. 2023 was $588 Mil. NCC AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,395 Mil. Hence, NCC AB's Days Payable for the three months ended in Dec. 2023 was 38.44.

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

NCCBF' s Days Payable Range Over the Past 10 Years
Min: 28.73 Med: 33.99 Max: 39.37
Current: 39.21

During the past 13 years, NCC AB's highest Days Payable was 39.37. The lowest was 28.73. And the median was 33.99.

NCCBF's Days Payable is ranked worse than
80.45% of 1601 companies
in the Construction industry
Industry Median: 74.1 vs NCCBF: 39.21

NCC AB's Days Payable increased from Dec. 2022 (31.13) to Dec. 2023 (38.44). It may suggest that NCC AB delayed paying its suppliers.

NCC AB Days Payable Historical Data

The historical data trend for NCC 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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NCC AB Days Payable Chart

NCC AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.60

30.46

35.25

37.73

39.16

NCC 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															31.13	39.31	35.30	43.50	38.44

Competitive Comparison of NCC AB's Days Payable

For the Engineering & Construction subindustry, NCC 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.

NCC AB's Days Payable Distribution in the Construction Industry

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

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

NCC 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.

NCC 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
=	( (497.687	+	595.168)	/	2 )	/	5093.297	*	365
=	546.4275					/	5093.297	*	365
=	39.16

NCC 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
=	( (580.254	+	595.168)	/	2 )	/	1395.16	*	365 / 4
=	587.711					/	1395.16	*	365 / 4
=	38.44

NCC AB Days Payable Related Terms

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NCC AB (NCC AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NCC AB (OTCPK:NCCBF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NCC B:Sweden NCC A:Sweden NCCBs:UK 0OFP:UK NCGB:Germany

Address

Herrjarva Torg 4, Solna, SWE, SE-170 80

Website

https://www.ncc.com

NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.