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REC Silicon ASA (OSTO:RECO) Days Payable : 457.02 (As of Dec. 2023)


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What is REC Silicon ASA Days Payable?

REC Silicon ASA's average Accounts Payable for the three months ended in Dec. 2023 was kr460 Mil. REC Silicon ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr92 Mil. Hence, REC Silicon ASA's Days Payable for the three months ended in Dec. 2023 was 457.02.

The historical rank and industry rank for REC Silicon ASA's Days Payable or its related term are showing as below:

OSTO:RECo' s Days Payable Range Over the Past 10 Years
Min: 69.69   Med: 126.14   Max: 769.07
Current: 769.07

During the past 13 years, REC Silicon ASA's highest Days Payable was 769.07. The lowest was 69.69. And the median was 126.14.

OSTO:RECo's Days Payable is ranked better than
97.71% of 961 companies
in the Semiconductors industry
Industry Median: 51.74 vs OSTO:RECo: 769.07

REC Silicon ASA's Days Payable declined from Dec. 2022 (661.66) to Dec. 2023 (457.02). It may suggest that REC Silicon ASA accelerated paying its suppliers.


REC Silicon ASA Days Payable Historical Data

The historical data trend for REC Silicon ASA'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.

* Premium members only.

REC Silicon ASA Days Payable Chart

REC Silicon ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.04 153.51 127.51 243.36 742.33

REC Silicon ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 661.66 1,134.59 1,390.04 881.14 457.02

Competitive Comparison of REC Silicon ASA's Days Payable

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.


REC Silicon ASA's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where REC Silicon ASA's Days Payable falls into.



REC Silicon ASA 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.

REC Silicon ASA'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
=( (314.187 + 436.745) / 2 ) / 184.614*365
=375.466 / 184.614*365
=742.33

REC Silicon ASA'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
=( (482.612 + 436.745) / 2 ) / 91.78*365 / 4
=459.6785 / 91.78*365 / 4
=457.02

* 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.


REC Silicon ASA Days Payable Related Terms

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REC Silicon ASA (OSTO:RECO) Business Description

Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (OSTO:RECO) Headlines

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