Rolling Optics Holding AB (Rolling Optics Holding AB) Days Payable : 75.19 (As of Dec. 2023)

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What is Rolling Optics Holding AB Days Payable?

Rolling Optics Holding AB's average Accounts Payable for the three months ended in Dec. 2023 was $0.34 Mil. Rolling Optics Holding AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.41 Mil. Hence, Rolling Optics Holding AB's Days Payable for the three months ended in Dec. 2023 was 75.19.

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

ICTAF' s Days Payable Range Over the Past 10 Years
Min: 88.52 Med: 155.53 Max: 618.21
Current: 205.23

During the past 13 years, Rolling Optics Holding AB's highest Days Payable was 618.21. The lowest was 88.52. And the median was 155.53.

ICTAF's Days Payable is ranked better than
90.53% of 2419 companies
in the Hardware industry
Industry Median: 67.96 vs ICTAF: 205.23

Rolling Optics Holding AB's Days Payable declined from Dec. 2022 (85.75) to Dec. 2023 (75.19). It may suggest that Rolling Optics Holding AB accelerated paying its suppliers.

Rolling Optics Holding AB Days Payable Historical Data

The historical data trend for Rolling Optics Holding 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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Rolling Optics Holding AB Days Payable Chart

Rolling Optics Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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639.59

115.69

101.87

156.30

182.80

Rolling Optics Holding AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															85.75	447.80	-	-	75.19

Competitive Comparison of Rolling Optics Holding AB's Days Payable

For the Scientific & Technical Instruments subindustry, Rolling Optics Holding 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.

Rolling Optics Holding AB's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rolling Optics Holding AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Rolling Optics Holding AB's Days Payable falls into.

Rolling Optics Holding 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.

Rolling Optics Holding 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
=	( (0.265	+	0.337)	/	2 )	/	0.601	*	365
=	0.301					/	0.601	*	365
=	182.80

Rolling Optics Holding 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	+	0.337)	/	1 )	/	0.409	*	365 / 4
=	0.337					/	0.409	*	365 / 4
=	75.19

Rolling Optics Holding AB Days Payable Related Terms

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Rolling Optics Holding AB (Rolling Optics Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rolling Optics Holding AB (OTCPK:ICTAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RO:Sweden

Address

Strandvag 3, Solna, Stockholm, SWE, 171 54

Website

https://www.rollingoptics.com

Rolling Optics Holding AB is engaged in the business of supplying micro optical security materials and anti-counterfeit solutions for brand protection. The company operates in two areas - Brand Security, which protects companies and brands from counterfeits and High Security, which includes bank notes, ID cards and passports.

Rolling Optics Holding AB (Rolling Optics Holding AB) Headlines

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