DSV AS (DSV AS) Days Payable : 42.51 (As of Mar. 2024)

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What is DSV AS Days Payable?

DSV AS's average Accounts Payable for the three months ended in Mar. 2024 was $2,001 Mil. DSV AS's Cost of Goods Sold for the three months ended in Mar. 2024 was $4,295 Mil. Hence, DSV AS's Days Payable for the three months ended in Mar. 2024 was 42.51.

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

DSDVF' s Days Payable Range Over the Past 10 Years
Min: 31.85 Med: 40.87 Max: 47.95
Current: 46.1

During the past 13 years, DSV AS's highest Days Payable was 47.95. The lowest was 31.85. And the median was 40.87.

DSDVF's Days Payable is ranked better than
58.26% of 932 companies
in the Transportation industry
Industry Median: 39.565 vs DSDVF: 46.10

DSV AS's Days Payable increased from Mar. 2023 (41.96) to Mar. 2024 (42.51). It may suggest that DSV AS delayed paying its suppliers.

DSV AS Days Payable Historical Data

The historical data trend for DSV AS'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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DSV AS Days Payable Chart

DSV AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.12

37.57

34.97

32.99

47.26

DSV AS 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															41.96	43.63	45.46	52.74	42.51

Competitive Comparison of DSV AS's Days Payable

For the Integrated Freight & Logistics subindustry, DSV AS'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.

DSV AS's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Days Payable distribution charts can be found below:

* The bar in red indicates where DSV AS's Days Payable falls into.

DSV AS 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.

DSV AS'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
=	( (2134.731	+	1918.271)	/	2 )	/	15650.348	*	365
=	2026.501					/	15650.348	*	365
=	47.26

DSV AS'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
=	( (1918.271	+	2084.172)	/	2 )	/	4295.46	*	365 / 4
=	2001.2215					/	4295.46	*	365 / 4
=	42.51

DSV AS Days Payable Related Terms

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DSV AS (DSV AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DSV AS (OTCPK:DSDVF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DSDVY:USA 0JN9:Mexico DSVc:UK 0JN9:UK DSV:Denmark DS81:Germany

Address

Hovedgaden 630, Hedehusene, DNK, 2640

Website

https://www.dsv.com

DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.

DSV AS (DSV AS) Headlines

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