Polyplank AB (XSAT:POLY) Days Payable : 196.17 (As of Mar. 2024)

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What is Polyplank AB Days Payable?

Polyplank AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4.08 Mil. Polyplank AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1.90 Mil. Hence, Polyplank AB's Days Payable for the three months ended in Mar. 2024 was 196.17.

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

XSAT:POLY' s Days Payable Range Over the Past 10 Years
Min: 88.45 Med: 148.08 Max: 275.07
Current: 186.71

During the past 13 years, Polyplank AB's highest Days Payable was 275.07. The lowest was 88.45. And the median was 148.08.

XSAT:POLY's Days Payable is ranked better than
81.48% of 1604 companies
in the Construction industry
Industry Median: 74.12 vs XSAT:POLY: 186.71

Polyplank AB's Days Payable increased from Mar. 2023 (150.65) to Mar. 2024 (196.17). It may suggest that Polyplank AB delayed paying its suppliers.

Polyplank AB Days Payable Historical Data

The historical data trend for Polyplank 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.

Polyplank AB Days Payable Chart

Polyplank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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101.26

88.45

90.73

145.70

150.46

Polyplank 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															150.65	234.79	198.04	131.12	196.17

Competitive Comparison of Polyplank AB's Days Payable

For the Building Products & Equipment subindustry, Polyplank 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.

Polyplank AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Polyplank AB's Days Payable distribution charts can be found below:

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

Polyplank 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.

Polyplank 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
=	( (7.848	+	3.971)	/	2 )	/	14.336	*	365
=	5.9095					/	14.336	*	365
=	150.46

Polyplank 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
=	( (3.971	+	4.194)	/	2 )	/	1.899	*	365 / 4
=	4.0825					/	1.899	*	365 / 4
=	196.17

Polyplank AB Days Payable Related Terms

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Polyplank AB (XSAT:POLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Polyplank AB (XSAT:POLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

POLY:Sweden PP7:Germany

Address

Storgatan 123, Farjestaden, SWE, 386 35

Website

http://www.polyplank.se

Polyplank AB manufacture unique composite profiles without additives. The company's offers noise barriers, separators and fences, environmental buildings, balconies, decking profile, beach plank and composite profiles for other applications.