Indutrade AB (FRA:I1M) Days Payable : 36.37 (As of Mar. 2024)

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What is Indutrade AB Days Payable?

Indutrade AB's average Accounts Payable for the three months ended in Mar. 2024 was €177 Mil. Indutrade AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €444 Mil. Hence, Indutrade AB's Days Payable for the three months ended in Mar. 2024 was 36.37.

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

FRA:I1M' s Days Payable Range Over the Past 10 Years
Min: 31.92 Med: 36.59 Max: 38.54
Current: 36.99

During the past 13 years, Indutrade AB's highest Days Payable was 38.54. The lowest was 31.92. And the median was 36.59.

FRA:I1M's Days Payable is ranked worse than
75% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.645 vs FRA:I1M: 36.99

Indutrade AB's Days Payable increased from Mar. 2023 (35.69) to Mar. 2024 (36.37). It may suggest that Indutrade AB delayed paying its suppliers.

Indutrade AB Days Payable Historical Data

The historical data trend for Indutrade 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.

Indutrade AB Days Payable Chart

Indutrade AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.55

33.63

35.50

37.00

32.21

Indutrade 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															35.69	38.67	37.78	32.88	36.37

Competitive Comparison of Indutrade AB's Days Payable

For the Industrial Distribution subindustry, Indutrade 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.

Indutrade AB's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's Days Payable distribution charts can be found below:

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

Indutrade 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.

Indutrade 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
=	( (170.098	+	157.875)	/	2 )	/	1858.477	*	365
=	163.9865					/	1858.477	*	365
=	32.21

Indutrade 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
=	( (157.875	+	196.437)	/	2 )	/	444.479	*	365 / 4
=	177.156					/	444.479	*	365 / 4
=	36.37

Indutrade AB Days Payable Related Terms

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Indutrade AB (FRA:I1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (FRA:I1M) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

INDT:Sweden 0H30:UK I1M:Germany

Address

Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06

Website

https://www.indutrade.com

Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.

Indutrade AB (FRA:I1M) Headlines

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