Turvatiimi Oyj (OHEL:TUT1V) Days Payable : 768.65 (As of Dec. 2014)

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What is Turvatiimi Oyj Days Payable?

Turvatiimi Oyj's average Accounts Payable for the six months ended in Dec. 2014 was €9.60 Mil. Turvatiimi Oyj's Cost of Goods Sold for the six months ended in Dec. 2014 was €4.72 Mil. Hence, Turvatiimi Oyj's Days Payable for the six months ended in Dec. 2014 was 370.87.

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

OHEL:TUT1V' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 599.04
Current: 599.04

During the past 10 years, Turvatiimi Oyj's highest Days Payable was 599.04. The lowest was 0.00. And the median was 0.00.

OHEL:TUT1V's Days Payable is not ranked
in the Business Services industry.
Industry Median: 47.75 vs OHEL:TUT1V: 599.04

Turvatiimi Oyj's Days Payable declined from Dec. 2012 (850.05) to Dec. 2014 (768.65). It may suggest that Turvatiimi Oyj accelerated paying its suppliers.

Turvatiimi Oyj Days Payable Historical Data

The historical data trend for Turvatiimi 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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Turvatiimi Oyj Days Payable Chart

Turvatiimi Oyj Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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918.05

751.76

822.89

884.29

741.75

Turvatiimi Oyj Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Days Payable	Get a 7-Day Free Trial					918.05	709.74	850.05	891.82	768.65

Competitive Comparison of Turvatiimi Oyj's Days Payable

For the Security & Protection Services subindustry, Turvatiimi 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.

Turvatiimi Oyj's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Turvatiimi Oyj's Days Payable distribution charts can be found below:

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

Turvatiimi 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.

Turvatiimi Oyj's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (9.248	+	9.944)	/	2 )	/	4.722	*	365
=	9.596					/	4.722	*	365
=	741.75

Turvatiimi Oyj's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

	Days Payable (Q: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2013 )	+	Accounts Payable (Q: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
=	( (9.248	+	9.944)	/	2 )	/	4.722	*	365 / 2
=	9.596					/	4.722	*	365 / 2
=	370.87

Turvatiimi Oyj Days Payable Related Terms

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Turvatiimi Oyj (OHEL:TUT1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Turvatiimi Oyj (OHEL:TUT1V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.turvatiimi.fi

Turvatiimi Oyj is engaged in providing security services to businesses & private users, it offers balancec security solutions as per client requirements which includes video surveillance, mail sorting, security alert systems & training on safety matters.

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