Caverion Oyj (OHEL:CAV1V) Days Payable : 108.45 (As of Dec. 2023)

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What is Caverion Oyj Days Payable?

Caverion Oyj's average Accounts Payable for the three months ended in Dec. 2023 was €195 Mil. Caverion Oyj's Cost of Goods Sold for the three months ended in Dec. 2023 was €164 Mil. Hence, Caverion Oyj's Days Payable for the three months ended in Dec. 2023 was 108.45.

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

OHEL:CAV1V' s Days Payable Range Over the Past 10 Years
Min: 108.51 Med: 115.84 Max: 127.81
Current: 110.82

During the past 13 years, Caverion Oyj's highest Days Payable was 127.81. The lowest was 108.51. And the median was 115.84.

OHEL:CAV1V's Days Payable is ranked better than
77.78% of 927 companies
in the Business Services industry
Industry Median: 47.14 vs OHEL:CAV1V: 110.82

Caverion Oyj's Days Payable increased from Dec. 2022 (92.34) to Dec. 2023 (108.45). It may suggest that Caverion Oyj delayed paying its suppliers.

Caverion Oyj Days Payable Historical Data

The historical data trend for Caverion Oyj'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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Caverion Oyj Days Payable Chart

Caverion Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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124.57

116.37

115.30

108.51

114.27

Caverion Oyj 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															92.34	107.04	105.82	119.34	108.45

Competitive Comparison of Caverion Oyj's Days Payable

For the Specialty Business Services subindustry, Caverion Oyj'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.

Caverion Oyj's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Caverion Oyj's Days Payable falls into.

Caverion Oyj 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.

Caverion Oyj'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
=	( (198.5	+	201.9)	/	2 )	/	639.5	*	365
=	200.2					/	639.5	*	365
=	114.27

Caverion Oyj'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
=	( (188.4	+	201.9)	/	2 )	/	164.2	*	365 / 4
=	195.15					/	164.2	*	365 / 4
=	108.45

Caverion Oyj Days Payable Related Terms

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Caverion Oyj (OHEL:CAV1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Caverion Oyj (OHEL:CAV1V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0QFC:UK C7O:Germany

Address

Torpantie 2, Vantaa, FIN, 01650

Website

https://www.caverion.com

Caverion Oyj is a Finland-based service company. It designs, builds, operates, and maintains user-friendly and energy-efficient technical solutions for buildings and industries throughout the life cycle of the property. Caverion's services are used in offices and retail properties, public premises, industrial plants, and infrastructure, among other places. It operates in two business units: Services and Projects. It generates the majority of its revenue from the Services segment. Some of its Products and Services include Consulting, Technical Maintenance, Lifecycle Management, Smart Solutions & Analytics services, Industrial Services centers, and Facility management. Its geographical segments include Sweden, Finland, Germany, Norway, Industry, Austria, Denmark, and Other countries.

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