Cadeler AS (OSL:CADLR) Days Payable : 44.44 (As of Dec. 2023)

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What is Cadeler AS Days Payable?

Cadeler AS's average Accounts Payable for the six months ended in Dec. 2023 was kr97 Mil. Cadeler AS's Cost of Goods Sold for the six months ended in Dec. 2023 was kr398 Mil. Hence, Cadeler AS's Days Payable for the six months ended in Dec. 2023 was 44.44.

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

OSL:CADLR' s Days Payable Range Over the Past 10 Years
Min: 11.36 Med: 23.49 Max: 41.35
Current: 41.35

During the past 7 years, Cadeler AS's highest Days Payable was 41.35. The lowest was 11.36. And the median was 23.49.

OSL:CADLR's Days Payable is ranked better than
53.26% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs OSL:CADLR: 41.35

Cadeler AS's Days Payable declined from Dec. 2022 (61.28) to Dec. 2023 (44.44). It may suggest that Cadeler AS accelerated paying its suppliers.

Cadeler AS Days Payable Historical Data

The historical data trend for Cadeler AS'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.

Cadeler AS Days Payable Chart

Cadeler AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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12.52

22.33

34.51

24.64

36.64

Cadeler AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						54.72	64.41	61.28	43.01	44.44

Competitive Comparison of Cadeler AS's Days Payable

For the Marine Shipping subindustry, Cadeler AS'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.

Cadeler AS's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cadeler AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Cadeler AS's Days Payable falls into.

Cadeler AS 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.

Cadeler AS'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
=	( (41.645	+	96.624)	/	2 )	/	688.622	*	365
=	69.1345					/	688.622	*	365
=	36.64

Cadeler AS'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (97.413	+	96.624)	/	2 )	/	398.461	*	365 / 2
=	97.0185					/	398.461	*	365 / 2
=	44.44

Cadeler AS Days Payable Related Terms

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Cadeler AS (OSL:CADLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cadeler AS (OSL:CADLR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CDLR:USA CADLF:USA CADLRo:Sweden CADLRo:UK CA2:Germany

Address

Arne Jacobsens Alle 7, Fairway House, Copenhagen S, DNK, DK-2300

Website

https://www.cadeler.com

Cadeler AS is a key supplier within the offshore wind industry for installation services and operation and maintenance work. The Company provides marine and engineering operations to the wind industry with a focus on safety and the environment. The Group owns and operates two offshore jack-up wind farm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

Cadeler AS (OSL:CADLR) Headlines

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