Windon Energy Group AB (XSAT:WEG) Days Payable : 18.18 (As of Dec. 2023)

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What is Windon Energy Group AB Days Payable?

Windon Energy Group AB's average Accounts Payable for the three months ended in Dec. 2023 was kr1.42 Mil. Windon Energy Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr7.13 Mil. Hence, Windon Energy Group AB's Days Payable for the three months ended in Dec. 2023 was 18.18.

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

XSAT:WEG' s Days Payable Range Over the Past 10 Years
Min: 8.9 Med: 17.61 Max: 17.61
Current: 8.9

During the past 3 years, Windon Energy Group AB's highest Days Payable was 17.61. The lowest was 8.90. And the median was 17.61.

XSAT:WEG's Days Payable is ranked worse than
98.24% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs XSAT:WEG: 8.90

Windon Energy Group AB's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (18.18). It may suggest that Windon Energy Group AB delayed paying its suppliers.

Windon Energy Group AB Days Payable Historical Data

The historical data trend for Windon Energy 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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Windon Energy Group AB Days Payable Chart

Windon Energy Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

17.61

Windon Energy Group AB Quarterly Data
	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial				-	-	0.18	-	18.18

Competitive Comparison of Windon Energy Group AB's Days Payable

For the Solar subindustry, Windon Energy 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.

Windon Energy Group AB's Days Payable Distribution in the Semiconductors Industry

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

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

Windon Energy 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.

Windon Energy 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
=	( (0	+	1.421)	/	1 )	/	29.454	*	365
=	1.421					/	29.454	*	365
=	17.61

Windon Energy Group AB'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
=	( (0	+	1.421)	/	1 )	/	7.134	*	365 / 4
=	1.421					/	7.134	*	365 / 4
=	18.18

Windon Energy Group AB Days Payable Related Terms

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Windon Energy Group AB (XSAT:WEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Windon Energy Group AB (XSAT:WEG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NW1:Germany

Address

Humlegardsgatan 4, Stockholm, SWE, 114 46

Website

https://www.windonenergygroup.se

Windon Energy Group AB operates in the energy sector. The company is a supplier of solar cell systems and offers complete system installation consisting of solar panels. Its product offering comprises solar panels, inverters, and montagesystem.

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