Holdflight AB (NGM:HOLDFL) Days Payable : 7.60 (As of Mar. 2025)

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What is Holdflight AB Days Payable?

Holdflight AB's average Accounts Payable for the three months ended in Mar. 2025 was kr0.02 Mil. Holdflight AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr0.28 Mil. Hence, Holdflight AB's Days Payable for the three months ended in Mar. 2025 was 7.60.

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

During the past 9 years, Holdflight AB's highest Days Payable was 415.25. The lowest was 13.49. And the median was 33.34.

NGM:HOLDFL's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 52.105
* Ranked among companies with meaningful Days Payable only.

Holdflight AB's Days Payable declined from Mar. 2024 (292.96) to Mar. 2025 (7.60). It may suggest that Holdflight AB accelerated paying its suppliers.

Holdflight AB Days Payable Historical Data

The historical data trend for Holdflight 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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Holdflight AB Days Payable Chart

Holdflight AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.84

21.27

21.84

415.25

146.29

Holdflight AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															292.96	13.50	16.09	-	7.60

Competitive Comparison of Holdflight AB's Days Payable

For the Information Technology Services subindustry, Holdflight 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.

Holdflight AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Holdflight AB's Days Payable distribution charts can be found below:

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

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Holdflight 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.

Holdflight AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.082	+	0.019)	/	2 )	/	0.126	*	365
=	0.0505					/	0.126	*	365
=	146.29

Holdflight AB's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (0.019	+	0.027)	/	2 )	/	0.276	*	365 / 4
=	0.023					/	0.276	*	365 / 4
=	7.60

Holdflight AB Days Payable Related Terms

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Holdflight AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Holdflight AB (NGM:HOLDFL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karlavagen 40, Stockholm, SWE, 114 49

Website

https://www.holdflight.se

Holdflight AB formerly, Fastout Int AB provides an IT platform connecting companies that want to highlight a geographic location with local dronarpiloter. The company's product creates FastOut effective marketing for their clients.

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