HMS Networks AB (HMS Networks AB) Days Payable : 85.53 (As of Mar. 2024)

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What is HMS Networks AB Days Payable?

HMS Networks AB's average Accounts Payable for the three months ended in Mar. 2024 was $20.8 Mil. HMS Networks AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $22.2 Mil. Hence, HMS Networks AB's Days Payable for the three months ended in Mar. 2024 was 85.53.

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

HMNKF' s Days Payable Range Over the Past 10 Years
Min: 53.61 Med: 60.12 Max: 86.35
Current: 86.35

During the past 13 years, HMS Networks AB's highest Days Payable was 86.35. The lowest was 53.61. And the median was 60.12.

HMNKF's Days Payable is ranked better than
63.21% of 2422 companies
in the Hardware industry
Industry Median: 67.85 vs HMNKF: 86.35

HMS Networks AB's Days Payable increased from Mar. 2023 (82.74) to Mar. 2024 (85.53). It may suggest that HMS Networks AB delayed paying its suppliers.

HMS Networks AB Days Payable Historical Data

The historical data trend for HMS Networks 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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HMS Networks AB Days Payable Chart

HMS Networks AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.18

51.76

64.87

84.61

84.64

HMS Networks AB 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															82.74	96.02	89.05	84.37	85.53

Competitive Comparison of HMS Networks AB's Days Payable

For the Communication Equipment subindustry, HMS Networks 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.

HMS Networks AB's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, HMS Networks AB's Days Payable distribution charts can be found below:

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

HMS Networks 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.

HMS Networks 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
=	( (23.413	+	24.4)	/	2 )	/	103.088	*	365
=	23.9065					/	103.088	*	365
=	84.64

HMS Networks AB'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
=	( (24.4	+	17.193)	/	2 )	/	22.187	*	365 / 4
=	20.7965					/	22.187	*	365 / 4
=	85.53

HMS Networks AB Days Payable Related Terms

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HMS Networks AB (HMS Networks AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HMS Networks AB (OTCPK:HMNKF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HMS:Sweden 4H3A:Germany

Address

Stationsgatan 37, Box 4126, Halmstad, SWE, SE-300 04

Website

https://www.hms-networks.com

HMS Networks AB is a supplier of proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries including Germany. It generates majority of its revenue from USA, Japan, France, China, Sweden, Italy, and other countries. The brands of the company are Anybus, Ewon, Intesis and Ixxat.

HMS Networks AB (HMS Networks AB) Headlines

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