Northbaze Group AB (OSTO:NBZ) Days Payable : 60.62 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Northbaze Group AB Days Payable?

Northbaze Group AB's average Accounts Payable for the three months ended in Sep. 2023 was kr6.5 Mil. Northbaze Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr9.8 Mil. Hence, Northbaze Group AB's Days Payable for the three months ended in Sep. 2023 was 60.62.

The historical rank and industry rank for Northbaze Group AB's Days Payable or its related term are showing as below:

OSTO:NBZ' s Days Payable Range Over the Past 10 Years
Min: 44.7 Med: 94.56 Max: 199.08
Current: 44.7

During the past 13 years, Northbaze Group AB's highest Days Payable was 199.08. The lowest was 44.70. And the median was 94.56.

OSTO:NBZ's Days Payable is ranked worse than
73.42% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs OSTO:NBZ: 44.70

Northbaze Group AB's Days Payable declined from Sep. 2022 (67.33) to Sep. 2023 (60.62). It may suggest that Northbaze Group AB accelerated paying its suppliers.

Northbaze Group AB Days Payable Historical Data

The historical data trend for Northbaze Group AB'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.

Northbaze Group AB Days Payable Chart

Northbaze Group AB Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

68.99

67.24

61.95

64.77

55.59

Northbaze Group AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															67.33	28.74	62.84	63.25	60.62

Competitive Comparison of Northbaze Group AB's Days Payable

For the Consumer Electronics subindustry, Northbaze Group AB'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.

Northbaze Group AB's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Northbaze Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Northbaze Group AB's Days Payable falls into.

Northbaze Group AB 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.

Northbaze Group AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (13.725	+	13.714)	/	2 )	/	90.087	*	365
=	13.7195					/	90.087	*	365
=	55.59

Northbaze Group AB's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5.897	+	7.146)	/	2 )	/	9.817	*	365 / 4
=	6.5215					/	9.817	*	365 / 4
=	60.62

Northbaze Group AB Days Payable Related Terms

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

Northbaze Group AB (OSTO:NBZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Northbaze Group AB (OSTO:NBZ) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Asogatan 121, 4F, Stockholm, SWE, 116 24

Website

https://www.jaysheadphones.com

Northbaze Group AB, formerly Jays Group AB is a Sweden based company engaged in designing, engineering, and marketing of earphones, headphones and other musical related products. The company markets its products in the international market under its own brand name. Its products include a-JAYS and q-JAYS series earphones, u-JAYS On-ear headphones, and others. The products of the company are used together with mobile phones, tablets, and media players.

Northbaze Group AB (OSTO:NBZ) Headlines

No Headlines