HAKIfety AB (CHIX:HAKIBS) Days Payable : 43.27 (As of Mar. 2024)

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What is HAKIfety AB Days Payable?

HAKIfety AB's average Accounts Payable for the three months ended in Mar. 2024 was kr74 Mil. HAKIfety AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr155 Mil. Hence, HAKIfety AB's Days Payable for the three months ended in Mar. 2024 was 43.27.

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

CHIX:HAKIBs' s Days Payable Range Over the Past 10 Years
Min: 28.75 Med: 44.27 Max: 56.8
Current: 38.16

During the past 13 years, HAKIfety AB's highest Days Payable was 56.80. The lowest was 28.75. And the median was 44.27.

CHIX:HAKIBs's Days Payable is ranked worse than
81.94% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs CHIX:HAKIBs: 38.16

HAKIfety AB's Days Payable increased from Mar. 2023 (38.68) to Mar. 2024 (43.27). It may suggest that HAKIfety AB delayed paying its suppliers.

HAKIfety AB Days Payable Historical Data

The historical data trend for HAKIfety 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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HAKIfety AB Days Payable Chart

HAKIfety AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.43

45.95

46.74

46.20

37.61

HAKIfety 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															38.68	-	-	30.25	43.27

Competitive Comparison of HAKIfety AB's Days Payable

For the Metal Fabrication subindustry, HAKIfety 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.

HAKIfety AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HAKIfety AB's Days Payable distribution charts can be found below:

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

HAKIfety 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.

HAKIfety 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
=	( (103	+	60)	/	2 )	/	791	*	365
=	81.5					/	791	*	365
=	37.61

HAKIfety 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
=	( (60	+	87)	/	2 )	/	155	*	365 / 4
=	73.5					/	155	*	365 / 4
=	43.27

HAKIfety AB Days Payable Related Terms

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HAKIfety AB (CHIX:HAKIBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HAKI Safety AB (CHIX:HAKIBs) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HAKI B:Sweden HAKI A:Sweden

Address

Gustav Adolfs Torg 47, Malmo, SWE, 211 39

Website

https://www.hakisafety.se

Midway Holding AB is an industrial group that acquires and develops small and middle-sized companies. The largest business area is Safe Access Solutions which offers products and services for safe access in complex environments for projects in industry, energy, infrastructure and construction. As part of the Industrial Services business area, the company develops, manufactures, and provides products and services to a wide range of industrial users.

HAKIfety AB (CHIX:HAKIBS) Headlines

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