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Husqvarna AB (Husqvarna AB) Days Payable : 58.06 (As of Mar. 2024)


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What is Husqvarna AB Days Payable?

Husqvarna AB's average Accounts Payable for the three months ended in Mar. 2024 was $596 Mil. Husqvarna AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $937 Mil. Hence, Husqvarna AB's Days Payable for the three months ended in Mar. 2024 was 58.06.

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

HSQVY' s Days Payable Range Over the Past 10 Years
Min: 43.74   Med: 52.77   Max: 68.3
Current: 65.91

During the past 13 years, Husqvarna AB's highest Days Payable was 68.30. The lowest was 43.74. And the median was 52.77.

HSQVY's Days Payable is ranked worse than
57.86% of 2928 companies
in the Industrial Products industry
Industry Median: 76.275 vs HSQVY: 65.91

Husqvarna AB's Days Payable declined from Mar. 2023 (58.80) to Mar. 2024 (58.06). It may suggest that Husqvarna AB accelerated paying its suppliers.


Husqvarna AB Days Payable Historical Data

The historical data trend for Husqvarna 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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Husqvarna AB Days Payable Chart

Husqvarna AB 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 54.76 52.51 70.72 69.86 61.51

Husqvarna 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 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 58.80 59.25 75.53 67.60 58.06

Competitive Comparison of Husqvarna AB's Days Payable

For the Tools & Accessories subindustry, Husqvarna 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.


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

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

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



Husqvarna 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.

Husqvarna 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
=( (685.199 + 534.92) / 2 ) / 3620.243*365
=610.0595 / 3620.243*365
=61.51

Husqvarna 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
=( (534.92 + 657.075) / 2 ) / 936.77*365 / 4
=595.9975 / 936.77*365 / 4
=58.06

* 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.


Husqvarna AB Days Payable Related Terms

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Husqvarna AB (Husqvarna AB) Business Description

Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.

Husqvarna AB (Husqvarna AB) Headlines

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