EQT AB (OSTO:EQT) Days Payable : 3.45 (As of Dec. 2023)

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What is EQT AB Days Payable?

EQT AB's average Accounts Payable for the six months ended in Dec. 2023 was kr144 Mil. EQT AB's Cost of Goods Sold for the six months ended in Dec. 2023 was kr7,615 Mil. Hence, EQT AB's Days Payable for the six months ended in Dec. 2023 was 3.45.

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

OSTO:EQT' s Days Payable Range Over the Past 10 Years
Min: 4.85 Med: 21.56 Max: 93.48
Current: 4.85

During the past 9 years, EQT AB's highest Days Payable was 93.48. The lowest was 4.85. And the median was 21.56.

OSTO:EQT's Days Payable is ranked worse than
93.63% of 471 companies
in the Asset Management industry
Industry Median: 67.07 vs OSTO:EQT: 4.85

EQT AB's Days Payable declined from Dec. 2022 (6.75) to Dec. 2023 (3.45). It may suggest that EQT AB accelerated paying its suppliers.

EQT AB Days Payable Historical Data

The historical data trend for EQT 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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EQT AB Days Payable Chart

EQT AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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26.99

16.13

6.55

7.04

4.95

EQT AB Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									7.45	8.60	6.75	7.46	3.45

Competitive Comparison of EQT AB's Days Payable

For the Asset Management subindustry, EQT 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.

EQT AB's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EQT AB's Days Payable distribution charts can be found below:

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

EQT 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.

EQT 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
=	( (173.7	+	136.47)	/	2 )	/	11429.897	*	365
=	155.085					/	11429.897	*	365
=	4.95

EQT 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (151.677	+	136.47)	/	2 )	/	7615.457	*	365 / 2
=	144.0735					/	7615.457	*	365 / 2
=	3.45

EQT AB Days Payable Related Terms

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EQT AB (OSTO:EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT AB (OSTO:EQT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EQBBF:USA EQTs:UK 0AAZ:UK 6EQ:Germany 6EQ:Germany 6EQ:Germany

Address

Regeringsgatan 25, Stockholm, SWE, SE-111 53

Website

https://www.eqtgroup.com

EQT AB is an investment management company. The company manages and advises investment funds and other investment units investing worldwide with the goal of creating attractive returns and future-proof companies. It has two business segments namely, Private Capital and Real Assets. It generates maximum revenue from Private Capital segment. Geographically, it has a presence in Germany; Norway; Denmark; Netherlands; Singapore, and other countries.