Elecster Oyj (OHEL:ELEAV) Days Payable : 38.38 (As of Mar. 2023)

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What is Elecster Oyj Days Payable?

Elecster Oyj's average Accounts Payable for the three months ended in Mar. 2023 was €1.75 Mil. Elecster Oyj's Cost of Goods Sold for the three months ended in Mar. 2023 was €4.17 Mil. Hence, Elecster Oyj's Days Payable for the three months ended in Mar. 2023 was 38.38.

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

OHEL:ELEAV' s Days Payable Range Over the Past 10 Years
Min: 22.84 Med: 33.02 Max: 94.54
Current: 52.55

During the past 13 years, Elecster Oyj's highest Days Payable was 94.54. The lowest was 22.84. And the median was 33.02.

OHEL:ELEAV's Days Payable is ranked worse than
67.55% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs OHEL:ELEAV: 52.55

Elecster Oyj's Days Payable increased from Dec. 2021 (24.99) to Mar. 2023 (38.38). It may suggest that Elecster Oyj delayed paying its suppliers.

Elecster Oyj Days Payable Historical Data

The historical data trend for Elecster Oyj'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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Elecster Oyj Days Payable Chart

Elecster Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.79

24.97

23.67

22.84

34.25

Elecster Oyj Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Dec23
Days Payable	Get a 7-Day Free Trial															24.45	-	-	38.38	-

Competitive Comparison of Elecster Oyj's Days Payable

For the Specialty Industrial Machinery subindustry, Elecster Oyj'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.

Elecster Oyj's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Elecster Oyj's Days Payable falls into.

Elecster Oyj 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.

Elecster Oyj'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
=	( (1.754	+	1.335)	/	2 )	/	16.458	*	365
=	1.5445					/	16.458	*	365
=	34.25

Elecster Oyj's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (1.754	+	0)	/	1 )	/	4.17	*	365 / 4
=	1.754					/	4.17	*	365 / 4
=	38.38

Elecster Oyj Days Payable Related Terms

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Elecster Oyj (OHEL:ELEAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elecster Oyj (OHEL:ELEAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sontulantie 382, PL 39, Akaa, FIN, 37801

Website

http://www.elecster.fi

Elecster Oyj operates as an engineering and manufacturer of dairy machinery and packaging material. It is involved in the supply of product such as ultra-high temperature lines, sterilizers, aseptic, extended shelf life, and pasteurized pouch filling machines, autopackers and related economical and ecological packaging materials. Geographically, the activities are operated through Finland and it also owns packaging material production lines in Finland.

Elecster Oyj (OHEL:ELEAV) Headlines

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