Sensys Gatso Group AB (OSTO:SGG) Days Payable : 59.39 (As of Mar. 2024)

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What is Sensys Gatso Group AB Days Payable?

Sensys Gatso Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr50.9 Mil. Sensys Gatso Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr78.2 Mil. Hence, Sensys Gatso Group AB's Days Payable for the three months ended in Mar. 2024 was 59.39.

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

OSTO:SGG' s Days Payable Range Over the Past 10 Years
Min: 36.91 Med: 61.55 Max: 68.28
Current: 39.1

During the past 13 years, Sensys Gatso Group AB's highest Days Payable was 68.28. The lowest was 36.91. And the median was 61.55.

OSTO:SGG's Days Payable is ranked worse than
79.22% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs OSTO:SGG: 39.10

Sensys Gatso Group AB's Days Payable increased from Mar. 2023 (29.80) to Mar. 2024 (59.39). It may suggest that Sensys Gatso Group AB delayed paying its suppliers.

Sensys Gatso Group AB Days Payable Historical Data

The historical data trend for Sensys Gatso 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.

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Sensys Gatso Group AB Days Payable Chart

Sensys Gatso Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.78

68.28

60.38

38.92

36.91

Sensys Gatso Group 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															29.80	34.02	36.86	35.27	59.39

Competitive Comparison of Sensys Gatso Group AB's Days Payable

For the Scientific & Technical Instruments subindustry, Sensys Gatso 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.

Sensys Gatso Group AB's Days Payable Distribution in the Hardware Industry

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

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

Sensys Gatso 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.

Sensys Gatso Group 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
=	( (20.392	+	54.653)	/	2 )	/	371.023	*	365
=	37.5225					/	371.023	*	365
=	36.91

Sensys Gatso Group 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
=	( (54.653	+	47.118)	/	2 )	/	78.187	*	365 / 4
=	50.8855					/	78.187	*	365 / 4
=	59.39

Sensys Gatso Group AB Days Payable Related Terms

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Sensys Gatso Group AB (OSTO:SGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sensys Gatso Group AB (OSTO:SGG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0H0U:UK

Address

Vasavagen 3c, Jonkoping, SWE, SE-554 54

Website

https://www.sensysgatso.com

Sensys Gatso Group AB is a Sweden-based company. It develops, produces, markets, and sells sensors and systems that are used for speed enforcement and red-light enforcement. The company also provides servicing and maintenance alongside sales of systems. Its products are used by police, road authorities, and private operators. The company operates in business segments of System Sales and Managed Service. The System Sales segment generates maximum revenue for the company. Its geographical segments are Europe, America, and Middle East and APAC.