ENADF (Enad Global 7 AB) Days Payable : 24.49 (As of Dec. 2024)

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What is Enad Global 7 AB Days Payable?

Enad Global 7 AB's average Accounts Payable for the three months ended in Dec. 2024 was $3.1 Mil. Enad Global 7 AB's Cost of Goods Sold for the three months ended in Dec. 2024 was $11.6 Mil. Hence, Enad Global 7 AB's Days Payable for the three months ended in Dec. 2024 was 24.49.

The historical rank and industry rank for Enad Global 7 AB's Days Payable or its related term are showing as below:

ENADF' s Days Payable Range Over the Past 10 Years
Min: 4.45 Med: 44.36 Max: 827.15
Current: 35.36

During the past 9 years, Enad Global 7 AB's highest Days Payable was 827.15. The lowest was 4.45. And the median was 44.36.

ENADF's Days Payable is ranked worse than
66.13% of 434 companies
in the Interactive Media industry
Industry Median: 64.56 vs ENADF: 35.36

Enad Global 7 AB's Days Payable declined from Dec. 2023 (33.01) to Dec. 2024 (24.49). It may suggest that Enad Global 7 AB accelerated paying its suppliers.

Enad Global 7 AB Days Payable Historical Data

The historical data trend for Enad Global 7 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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Enad Global 7 AB Days Payable Chart

Enad Global 7 AB Annual Data

Trend

Aug15

Aug16

Aug17

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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30.94

46.98

64.81

40.30

32.32

Enad Global 7 AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															33.01	46.45	53.99	33.11	24.49

Competitive Comparison of Enad Global 7 AB's Days Payable

For the Electronic Gaming & Multimedia subindustry, Enad Global 7 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.

Enad Global 7 AB's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Enad Global 7 AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Enad Global 7 AB's Days Payable falls into.

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Enad Global 7 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.

Enad Global 7 AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (3.305	+	2.622)	/	2 )	/	33.464	*	365
=	2.9635					/	33.464	*	365
=	32.32

Enad Global 7 AB's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3.588	+	2.622)	/	2 )	/	11.571	*	365 / 4
=	3.105					/	11.571	*	365 / 4
=	24.49

Enad Global 7 AB Days Payable Related Terms

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Enad Global 7 AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Enad Global 7 AB (OTCPK:ENADF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EG7:Sweden 0SG:Germany

Address

Sveavagen 17, 5th Floor, Stockholm, SWE, 111 57

Website

https://www.enadglobal7.com

Enad Global 7 AB operates within the gaming industry developing, marketing, publishing, and distributing PC, console, and mobile games to the gaming market. The company's game developers develop its original IPs, as well as act as consultants to other publishers around the world through its game development divisions Daybreak Games, Piranha Games, Toadman Studios, and Big Blue Bubble. In addition, the company's marketing department Petrol has contributed to the release of many titles, of which many are brands such as Call of Duty, Destiny, Dark Souls, and Rage. The company's reportable segments are; Daybreak which generates key revenue, Big Blue Bubble, Piranha, Toadman, Petrol, and Fireshine. Geographically, it derives key revenue from North America.