Bulten AB (OSTO:BULTEN) Days Payable : 68.94 (As of Mar. 2024)

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What is Bulten AB Days Payable?

Bulten AB's average Accounts Payable for the three months ended in Mar. 2024 was kr918 Mil. Bulten AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,215 Mil. Hence, Bulten AB's Days Payable for the three months ended in Mar. 2024 was 68.94.

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

OSTO:BULTEN' s Days Payable Range Over the Past 10 Years
Min: 53.72 Med: 63.74 Max: 75.7
Current: 66.5

During the past 13 years, Bulten AB's highest Days Payable was 75.70. The lowest was 53.72. And the median was 63.74.

OSTO:BULTEN's Days Payable is ranked better than
50.36% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs OSTO:BULTEN: 66.50

Bulten AB's Days Payable increased from Mar. 2023 (68.35) to Mar. 2024 (68.94). It may suggest that Bulten AB delayed paying its suppliers.

Bulten AB Days Payable Historical Data

The historical data trend for Bulten 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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Bulten AB Days Payable Chart

Bulten AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.47

67.22

69.86

69.54

66.50

Bulten AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															68.35	-	-	63.56	68.94

Competitive Comparison of Bulten AB's Days Payable

For the Auto Parts subindustry, Bulten 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.

Bulten AB's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bulten AB's Days Payable distribution charts can be found below:

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

Bulten 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.

Bulten 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
=	( (827	+	918)	/	2 )	/	4789	*	365
=	872.5					/	4789	*	365
=	66.50

Bulten AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (918	+	0)	/	1 )	/	1215	*	365 / 4
=	918					/	1215	*	365 / 4
=	68.94

Bulten AB Days Payable Related Terms

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Bulten AB (OSTO:BULTEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bulten AB (OSTO:BULTEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3FB:Germany

Address

August Barks gata 6A, Box 9148, Gothenburg, SWE, SE-40093

Website

https://www.bulten.com

Bulten AB develops, produces, and markets fasteners in the European automotive industry. Its product range includes customer-specific products to customized fasteners. It also provides technical development, line-feeding, logistics, material, and production services. Its products are screws, nuts, clips, and rivets. Bulten has its manufacturing unit in Germany, Sweden, Poland, the United Kingdom, China, the USA, and other countries and receives its revenue from northern Europe.

Bulten AB (OSTO:BULTEN) Headlines

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