Dustin Group AB (LTS:0R5W) Days Payable : 72.03 (As of Feb. 2024)

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What is Dustin Group AB Days Payable?

Dustin Group AB's average Accounts Payable for the three months ended in Feb. 2024 was kr3,465 Mil. Dustin Group AB's Cost of Goods Sold for the three months ended in Feb. 2024 was kr4,390 Mil. Hence, Dustin Group AB's Days Payable for the three months ended in Feb. 2024 was 72.03.

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

LTS:0R5W' s Days Payable Range Over the Past 10 Years
Min: 40.35 Med: 53.24 Max: 68.24
Current: 67.32

During the past 12 years, Dustin Group AB's highest Days Payable was 68.24. The lowest was 40.35. And the median was 53.24.

LTS:0R5W's Days Payable is ranked better than
58.16% of 2531 companies
in the Software industry
Industry Median: 50.36 vs LTS:0R5W: 67.32

Dustin Group AB's Days Payable increased from Feb. 2023 (62.03) to Feb. 2024 (72.03). It may suggest that Dustin Group AB delayed paying its suppliers.

Dustin Group AB Days Payable Historical Data

The historical data trend for Dustin Group 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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Dustin Group AB Days Payable Chart

Dustin Group AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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57.32

53.28

68.24

62.86

62.10

Dustin Group AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															62.03	66.94	69.09	62.27	72.03

Competitive Comparison of Dustin Group AB's Days Payable

For the Information Technology Services subindustry, Dustin Group 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.

Dustin Group AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Dustin Group AB's Days Payable distribution charts can be found below:

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

Dustin Group 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.

Dustin Group 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
=	( (3790.5	+	3072.3)	/	2 )	/	20168.8	*	365
=	3431.4					/	20168.8	*	365
=	62.10

Dustin Group 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
=	( (3622.9	+	3307.7)	/	2 )	/	4390.2	*	365 / 4
=	3465.3					/	4390.2	*	365 / 4
=	72.03

Dustin Group AB Days Payable Related Terms

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Dustin Group AB (LTS:0R5W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dustin Group AB (LTS:0R5W) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DUST:Sweden 9DG:Germany

Address

Augustendalsvagen 7, Nacka Strand, SWE, SE-131 52

Website

https://www.dustingroup.com

Dustin Group AB operates as a IT resellers in the Nordic region. It offers a broad range of hardware, software and associated services and solutions. It operates through the following business segments: Small and Medium-sized Businesses; Large Corporate and Public Sector and Business to Consumer. The company generates maximum revenue from the Large Corporate and Public Sector (LCP) segment. Geographically, it derives a majority of revenue from Sweden. Its product offering comprises computers, tablets, accessories, phones, audio and video equipment, office equipment, and software.

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