Nivika Fastigheter AB (FRA:Y5R) Days Payable : 56.61 (As of Feb. 2024)

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What is Nivika Fastigheter AB Days Payable?

Nivika Fastigheter AB's average Accounts Payable for the three months ended in Feb. 2024 was €3.14 Mil. Nivika Fastigheter AB's Cost of Goods Sold for the three months ended in Feb. 2024 was €5.07 Mil. Hence, Nivika Fastigheter AB's Days Payable for the three months ended in Feb. 2024 was 56.61.

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

FRA:Y5R' s Days Payable Range Over the Past 10 Years
Min: 113.07 Med: 207.3 Max: 329.9
Current: 113.07

During the past 5 years, Nivika Fastigheter AB's highest Days Payable was 329.90. The lowest was 113.07. And the median was 207.30.

FRA:Y5R's Days Payable is ranked better than
54.59% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs FRA:Y5R: 113.07

Nivika Fastigheter AB's Days Payable declined from Feb. 2023 (117.33) to Feb. 2024 (56.61). It may suggest that Nivika Fastigheter AB accelerated paying its suppliers.

Nivika Fastigheter AB Days Payable Historical Data

The historical data trend for Nivika Fastigheter 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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Nivika Fastigheter AB Days Payable Chart

Nivika Fastigheter AB Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

329.91

234.28

206.19

146.48

130.00

Nivika Fastigheter AB Quarterly Data
	Aug19	Aug20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial										117.33	164.84	173.53	92.96	56.61

Competitive Comparison of Nivika Fastigheter AB's Days Payable

For the Real Estate Services subindustry, Nivika Fastigheter 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.

Nivika Fastigheter AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nivika Fastigheter AB's Days Payable distribution charts can be found below:

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

Nivika Fastigheter 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.

Nivika Fastigheter AB's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (8.819	+	3.064)	/	2 )	/	16.682	*	365
=	5.9415					/	16.682	*	365
=	130.00

Nivika Fastigheter AB's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (4.387	+	1.902)	/	2 )	/	5.069	*	365 / 4
=	3.1445					/	5.069	*	365 / 4
=	56.61

Nivika Fastigheter AB Days Payable Related Terms

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Nivika Fastigheter AB (FRA:Y5R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nivika Fastigheter AB (FRA:Y5R) » Definitions » Days Payable

Traded in Other Exchanges

NIVI B:Sweden

Address

Ringvagen 38, Värnamo, SWE, 331 32

Website

https://www.nivika.se

Nivika Fastigheter AB is a real estate company. Its main objectives is owning, managing, and developing properties.

Nivika Fastigheter AB (FRA:Y5R) Headlines

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