Axactor ASA (OSL:ACR) Days Payable : 27.03 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Axactor ASA Days Payable?

Axactor ASA's average Accounts Payable for the three months ended in Dec. 2023 was kr62 Mil. Axactor ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr210 Mil. Hence, Axactor ASA's Days Payable for the three months ended in Dec. 2023 was 27.03.

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

OSL:ACR' s Days Payable Range Over the Past 10 Years
Min: 11.89 Med: 26.6 Max: 1254.21
Current: 14.9

During the past 13 years, Axactor ASA's highest Days Payable was 1254.21. The lowest was 11.89. And the median was 26.60.

OSL:ACR's Days Payable is ranked worse than
76.6% of 282 companies
in the Credit Services industry
Industry Median: 48.745 vs OSL:ACR: 14.90

Axactor ASA's Days Payable declined from Dec. 2022 (72.12) to Dec. 2023 (27.03). It may suggest that Axactor ASA accelerated paying its suppliers.

Axactor ASA Days Payable Historical Data

The historical data trend for Axactor ASA'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.

Axactor ASA Days Payable Chart

Axactor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

11.89

13.95

27.44

25.76

15.04

Axactor ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															72.12	12.88	10.87	14.63	27.03

Competitive Comparison of Axactor ASA's Days Payable

For the Credit Services subindustry, Axactor ASA'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.

Axactor ASA's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Axactor ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Axactor ASA's Days Payable falls into.

Axactor ASA 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.

Axactor ASA'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
=	( (74.739	+	46.673)	/	2 )	/	1472.763	*	365
=	60.706					/	1472.763	*	365
=	15.04

Axactor ASA's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (77.877	+	46.673)	/	2 )	/	210.24	*	365 / 4
=	62.275					/	210.24	*	365 / 4
=	27.03

Axactor ASA Days Payable Related Terms

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

Axactor ASA (OSL:ACR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Axactor ASA (OSL:ACR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AXAo:Sweden 0QIG:UK 2LJ:Germany

Address

Drammensveien 167, Oslo, NOR, NO-0277

Website

https://www.axactor.com

Axactor ASA is a next-generation debt management company. It specializes in both purchasing and collection of its debt portfolios and provides collection services for third-party-owned portfolios. It operates in two segments: Non-performing loans (NPL), Third-party collection (3PC). The company's geographical segments include Finland, Germany, Italy, Norway, Spain, and Sweden. It generates majority of its revenue from Interest revenue from purchased loan portfolios.