Saab AB (OSTO:SAAB B) Days Payable : 48.29 (As of Mar. 2024)

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What is Saab AB Days Payable?

Saab AB's average Accounts Payable for the three months ended in Mar. 2024 was kr5,874 Mil. Saab AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr11,100 Mil. Hence, Saab AB's Days Payable for the three months ended in Mar. 2024 was 48.29.

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

OSTO:SAAB B' s Days Payable Range Over the Past 10 Years
Min: 36.85 Med: 43.99 Max: 50.56
Current: 44.22

During the past 13 years, Saab AB's highest Days Payable was 50.56. The lowest was 36.85. And the median was 43.99.

OSTO:SAAB B's Days Payable is ranked worse than
70.47% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs OSTO:SAAB B: 44.22

Saab AB's Days Payable increased from Mar. 2023 (46.63) to Mar. 2024 (48.29). It may suggest that Saab AB delayed paying its suppliers.

Saab AB Days Payable Historical Data

The historical data trend for Saab 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.

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Saab AB Days Payable Chart

Saab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.61

40.01

40.31

46.31

49.53

Saab AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															46.63	40.97	48.76	41.03	48.29

Competitive Comparison of Saab AB's Days Payable

For the Aerospace & Defense subindustry, Saab 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.

Saab AB's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Days Payable distribution charts can be found below:

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

Saab 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.

Saab AB'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
=	( (4870	+	6080)	/	2 )	/	40349	*	365
=	5475					/	40349	*	365
=	49.53

Saab AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6080	+	5668)	/	2 )	/	11100	*	365 / 4
=	5874					/	11100	*	365 / 4
=	48.29

Saab AB Days Payable Related Terms

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Saab AB (OSTO:SAAB B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Saab AB (OSTO:SAAB B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SAABY:USA SAABF:USA SAABB:Mexico 0GWL:UK SDV:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (OSTO:SAAB B) Headlines

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