EAM Solar ASA (OSL:EAM) Days Payable : 1,073.77 (As of Dec. 2023)

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What is EAM Solar ASA Days Payable?

EAM Solar ASA's average Accounts Payable for the three months ended in Dec. 2023 was kr11.91 Mil. EAM Solar ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1.01 Mil. Hence, EAM Solar ASA's Days Payable for the three months ended in Dec. 2023 was 1,073.77.

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

OSL:EAM' s Days Payable Range Over the Past 10 Years
Min: 374.73 Med: 1164.13 Max: 2318.95
Current: 1531.86

During the past 13 years, EAM Solar ASA's highest Days Payable was 2318.95. The lowest was 374.73. And the median was 1164.13.

OSL:EAM's Days Payable is ranked better than
94.36% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 78.315 vs OSL:EAM: 1531.86

EAM Solar ASA's Days Payable increased from Dec. 2022 (137.56) to Dec. 2023 (1,073.77). It may suggest that EAM Solar ASA delayed paying its suppliers.

EAM Solar ASA Days Payable Historical Data

The historical data trend for EAM Solar 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.

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EAM Solar ASA Days Payable Chart

EAM Solar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,750.58

2,318.95

1,654.94

374.73

1,315.36

EAM Solar 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															137.56	1,966.68	2,254.79	1,456.48	1,073.77

Competitive Comparison of EAM Solar ASA's Days Payable

For the Utilities - Renewable subindustry, EAM Solar 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.

EAM Solar ASA's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar ASA's Days Payable distribution charts can be found below:

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

EAM Solar 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.

EAM Solar 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
=	( (6.562	+	13.172)	/	2 )	/	2.738	*	365
=	9.867					/	2.738	*	365
=	1,315.36

EAM Solar 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
=	( (10.645	+	13.172)	/	2 )	/	1.012	*	365 / 4
=	11.9085					/	1.012	*	365 / 4
=	1,073.77

EAM Solar ASA Days Payable Related Terms

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EAM Solar ASA (OSL:EAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » EAM Solar ASA (OSL:EAM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EA2:Germany

Address

Bryggetorget 7, Oslo, NOR, 0250

Website

https://www.eamsolar.no

EAM Solar ASA is an Investment company that acquires and operates solar power plants for long-term ownership. The company is mainly active in Italy and operates four solar power plants which generate electricity. The solar power plants operated by the company are Lorusso, Brundesini, Scardino, and ENFO 25.

EAM Solar ASA (OSL:EAM) Headlines

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