Vimab Group AB (FRA:NM4) Days Payable : 46.52 (As of Sep. 2023)

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What is Vimab Group AB Days Payable?

Vimab Group AB's average Accounts Payable for the three months ended in Sep. 2023 was €2.47 Mil. Vimab Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was €4.85 Mil. Hence, Vimab Group AB's Days Payable for the three months ended in Sep. 2023 was 46.52.

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

FRA:NM4' s Days Payable Range Over the Past 10 Years
Min: 20.08 Med: 23.05 Max: 129.23
Current: 129.23

During the past 12 years, Vimab Group AB's highest Days Payable was 129.23. The lowest was 20.08. And the median was 23.05.

FRA:NM4's Days Payable is ranked better than
81.12% of 927 companies
in the Business Services industry
Industry Median: 47.14 vs FRA:NM4: 129.23

Vimab Group AB's Days Payable increased from Sep. 2022 (28.08) to Sep. 2023 (46.52). It may suggest that Vimab Group AB delayed paying its suppliers.

Vimab Group AB Days Payable Historical Data

The historical data trend for Vimab 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.

* Premium members only.

Vimab Group AB Days Payable Chart

Vimab Group AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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22.18

37.75

55.95

84.12

82.27

Vimab Group AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															28.08	-	-	43.56	46.52

Competitive Comparison of Vimab Group AB's Days Payable

For the Consulting Services subindustry, Vimab 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.

Vimab Group AB's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vimab Group AB's Days Payable distribution charts can be found below:

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

Vimab 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.

Vimab Group AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.861	+	1.493)	/	2 )	/	5.222	*	365
=	1.177					/	5.222	*	365
=	82.27

Vimab Group AB's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.531	+	2.41)	/	2 )	/	4.846	*	365 / 4
=	2.4705					/	4.846	*	365 / 4
=	46.52

Vimab Group AB Days Payable Related Terms

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Vimab Group AB (FRA:NM4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vimab Group AB (FRA:NM4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VIMAB:Sweden

Address

Malmskillnadsgatan 40A, Stockholm, SWE, 111 57

Website

https://www.vimabgroup.com

Vimab Group AB is a Nordic company helping companies with transformation and improvement initiatives. It offers services including Interim management, Executive search.

Vimab Group AB (FRA:NM4) Headlines

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