Spiffbet AB (FRA:2AK) Days Payable : 145.93 (As of Sep. 2024)

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What is Spiffbet AB Days Payable?

Spiffbet AB's average Accounts Payable for the three months ended in Sep. 2024 was €0.98 Mil. Spiffbet AB's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.62 Mil. Hence, Spiffbet AB's Days Payable for the three months ended in Sep. 2024 was 145.93.

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

FRA:2AK' s Days Payable Range Over the Past 10 Years
Min: 25.23 Med: 42.54 Max: 121.42
Current: 121.1

During the past 11 years, Spiffbet AB's highest Days Payable was 121.42. The lowest was 25.23. And the median was 42.54.

FRA:2AK's Days Payable is ranked better than
67.98% of 431 companies
in the Interactive Media industry
Industry Median: 60.95 vs FRA:2AK: 121.10

Spiffbet AB's Days Payable increased from Sep. 2023 (16.55) to Sep. 2024 (145.93). It may suggest that Spiffbet AB delayed paying its suppliers.

Spiffbet AB Days Payable Historical Data

The historical data trend for Spiffbet 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.

Spiffbet AB Days Payable Chart

Spiffbet AB Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.48

32.69

25.32

43.11

62.80

Spiffbet AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															16.55	-	63.89	125.54	145.93

Competitive Comparison of Spiffbet AB's Days Payable

For the Electronic Gaming & Multimedia subindustry, Spiffbet 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.

Spiffbet AB's Days Payable Distribution in the Interactive Media Industry

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

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

Spiffbet 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.

Spiffbet 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
=	( (0.338	+	0.44)	/	2 )	/	2.261	*	365
=	0.389					/	2.261	*	365
=	62.80

Spiffbet AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.908	+	1.059)	/	2 )	/	0.615	*	365 / 4
=	0.9835					/	0.615	*	365 / 4
=	145.93

Spiffbet AB Days Payable Related Terms

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Spiffbet AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spiffbet AB (FRA:2AK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SPIFF:Sweden

Address

Karlavagen 60 5 tr, Stockholm, SWE, 11449

Website

http://www.spiffbet.se

Spiffbet AB is engaged in the development and supply of mobile-based hybrid games. The company has two product areas including casino games marketed under the Spiffbet Casino brand, and Take5 hybrid games marketed under the Spiffbet Games brand.

Spiffbet AB Headlines

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