ANTCO Investment Group (NGM:ANTCO B) Days Payable : 129.19 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is ANTCO Investment Group Days Payable?

ANTCO Investment Group's average Accounts Payable for the three months ended in Mar. 2024 was kr0.53 Mil. ANTCO Investment Group's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.37 Mil. Hence, ANTCO Investment Group's Days Payable for the three months ended in Mar. 2024 was 129.19.

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

NGM:ANTCO B' s Days Payable Range Over the Past 10 Years
Min: 131.63 Med: 9571.81 Max: 9571.81
Current: 131.63

During the past 3 years, ANTCO Investment Group's highest Days Payable was 9571.81. The lowest was 131.63. And the median was 9571.81.

NGM:ANTCO B's Days Payable is ranked better than
63.68% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs NGM:ANTCO B: 131.63

ANTCO Investment Group's Days Payable declined from Dec. 2022 (1,466.19) to Mar. 2024 (129.19). It may suggest that ANTCO Investment Group accelerated paying its suppliers.

ANTCO Investment Group Days Payable Historical Data

The historical data trend for ANTCO Investment Group'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.

* Premium members only.

ANTCO Investment Group Days Payable Chart

ANTCO Investment Group Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

9,571.81

ANTCO Investment Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial						1,466.19	2,305.33	64.89	69.27	129.19

Competitive Comparison of ANTCO Investment Group's Days Payable

For the Asset Management subindustry, ANTCO Investment Group'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.

ANTCO Investment Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ANTCO Investment Group's Days Payable distribution charts can be found below:

* The bar in red indicates where ANTCO Investment Group's Days Payable falls into.

ANTCO Investment Group 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.

ANTCO Investment Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	1.521)	/	1 )	/	0.058	*	365
=	1.521					/	0.058	*	365
=	9,571.81

ANTCO Investment Group'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.52	+	0.539)	/	2 )	/	0.374	*	365 / 4
=	0.5295					/	0.374	*	365 / 4
=	129.19

ANTCO Investment Group Days Payable Related Terms

Thank you for viewing the detailed overview of ANTCO Investment Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

ANTCO Investment Group (NGM:ANTCO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ANTCO Investment Group (NGM:ANTCO B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Birger Jarlsgatan 21, Stockholm, SWE, 111 45

Website

https://www.antcoinvestmentgroup.com

ANTCO Investment Group is an investment company with a long-term partnership strategy to fuel growth. The company's well-balanced asset portfolio within high-growth sectors offers a diversified and attractive investment opportunity to every type of investor.

ANTCO Investment Group (NGM:ANTCO B) Headlines

No Headlines