Securitas AB (Securitas AB) Days Payable

: 14.94 (As of Dec. 2023)

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Securitas AB's average Accounts Payable for the three months ended in Dec. 2023 was $500 Mil. Securitas AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,054 Mil. Hence, Securitas AB's Days Payable for the three months ended in Dec. 2023 was 14.94.

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

SCTBF' s Days Payable Range Over the Past 10 Years
Min: 6.03 Med: 7.68 Max: 14.51
Current: 14.51

During the past 13 years, Securitas AB's highest Days Payable was 14.51. The lowest was 6.03. And the median was 7.68.

SCTBF's Days Payable is ranked worse than
85.54% of 927 companies
in the Business Services industry
Industry Median: 47.71 vs SCTBF: 14.51

Securitas AB's Days Payable increased from Dec. 2022 (14.57) to Dec. 2023 (14.94). It may suggest that Securitas AB delayed paying its suppliers.

Securitas AB Days Payable Historical Data

The historical data trend for Securitas 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.

* Premium members only.

Securitas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

7.80

7.37

8.32

12.16

14.43

Securitas AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																14.57	14.72	-	-	14.94

Competitive Comparison

For the Security & Protection Services subindustry, Securitas 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.

Securitas AB Days Payable Distribution

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

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

Securitas 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.

Securitas 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
=	( (464.444	+	499.825)	/	2 )	/	12198.077	*	365
=	482.1345					/	12198.077	*	365
=	14.43

Securitas 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	499.825)	/	1 )	/	3053.541	*	365 / 4
=	499.825					/	3053.541	*	365 / 4
=	14.94

Securitas AB Days Payable Related Terms

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Securitas AB (Securitas AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SCTBY:USA SECU B:Sweden SECUBs:UK 0IAH:UK S7MB:Germany

Address

Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28

Website

https://www.securitas.com

Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.