Eqva ASA (CHIX:EQVAO) Days Payable : 174.10 (As of Dec. 2023)

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What is Eqva ASA Days Payable?

Eqva ASA's average Accounts Payable for the six months ended in Dec. 2023 was kr77.4 Mil. Eqva ASA's Cost of Goods Sold for the six months ended in Dec. 2023 was kr81.2 Mil. Hence, Eqva ASA's Days Payable for the six months ended in Dec. 2023 was 174.10.

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

CHIX:EQVAo' s Days Payable Range Over the Past 10 Years
Min: 28.72 Med: 62.29 Max: 195.66
Current: 93.22

During the past 13 years, Eqva ASA's highest Days Payable was 195.66. The lowest was 28.72. And the median was 62.29.

CHIX:EQVAo's Days Payable is ranked better than
56.7% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.005 vs CHIX:EQVAo: 93.22

Eqva ASA's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (174.10). It may suggest that Eqva ASA delayed paying its suppliers.

Eqva ASA Days Payable Historical Data

The historical data trend for Eqva 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.

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Eqva ASA Days Payable Chart

Eqva ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.44

120.89

141.93

195.66

74.08

Eqva ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															61.86	121.86	-	72.98	174.10

Competitive Comparison of Eqva ASA's Days Payable

For the Utilities - Renewable subindustry, Eqva 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.

Eqva ASA's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eqva ASA's Days Payable distribution charts can be found below:

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

Eqva 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.

Eqva 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
=	( (56.147	+	55.666)	/	2 )	/	275.452	*	365
=	55.9065					/	275.452	*	365
=	74.08

Eqva 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (99.226	+	55.666)	/	2 )	/	81.184	*	365 / 2
=	77.446					/	81.184	*	365 / 2
=	174.10

Eqva ASA Days Payable Related Terms

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Eqva ASA (CHIX:EQVAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Eqva ASA (CHIX:EQVAo) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EQVAo:Sweden EQVA:Norway 1H2:Germany

Address

Mjolstadnesvegen, Fosnavag, NOR, 6092

Website

https://www.eqva.no

Eqva ASA is a knowledge-based active owner of engineering, construction, and service companies that contribute to the green transition in maritime, power-intensive, and renewable industries. It aims to become a fully integrated service and maintenance supplier for the Norwegian land-based and maritime industry. The business is organized into two business segments: Maritime Services and Products, solutions & renewables. The company's majority of its revenue comes from the Maritime Services segment.

Eqva ASA (CHIX:EQVAO) Headlines

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