Olink Holding AB (Olink Holding AB) Days Payable : 62.75 (As of Dec. 2023)

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What is Olink Holding AB Days Payable?

Olink Holding AB's average Accounts Payable for the three months ended in Dec. 2023 was $13.7 Mil. Olink Holding AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $19.9 Mil. Hence, Olink Holding AB's Days Payable for the three months ended in Dec. 2023 was 62.75.

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

OLK' s Days Payable Range Over the Past 10 Years
Min: 57.65 Med: 76.08 Max: 91.1
Current: 63.78

During the past 5 years, Olink Holding AB's highest Days Payable was 91.10. The lowest was 57.65. And the median was 76.08.

OLK's Days Payable is ranked worse than
52.86% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.79 vs OLK: 63.78

Olink Holding AB's Days Payable increased from Dec. 2022 (53.50) to Dec. 2023 (62.75). It may suggest that Olink Holding AB delayed paying its suppliers.

Olink Holding AB Days Payable Historical Data

The historical data trend for Olink 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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Olink Holding AB Days Payable Chart

Olink Holding AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

57.65

91.10

76.08

62.59

84.88

Olink Holding AB Quarterly Data
	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												53.50	62.11	52.38	55.09	62.75

Competitive Comparison of Olink Holding AB's Days Payable

For the Diagnostics & Research subindustry, Olink 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.

Olink Holding AB's Days Payable Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Olink Holding AB's Days Payable distribution charts can be found below:

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

Olink 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.

Olink 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
=	( (6.885	+	18.758)	/	2 )	/	55.136	*	365
=	12.8215					/	55.136	*	365
=	84.88

Olink 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
=	( (8.59	+	18.758)	/	2 )	/	19.883	*	365 / 4
=	13.674					/	19.883	*	365 / 4
=	62.75

Olink Holding AB Days Payable Related Terms

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Olink Holding AB (Olink Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Olink Holding AB (NAS:OLK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6XA:Germany

Address

Uppsala Science Park, Uppsala, SWE, SE-75183

Website

https://www.olink.com

Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.