HPURF (Hexagon Purus ASA) Days Payable : 91.80 (As of Sep. 2024)

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What is Hexagon Purus ASA Days Payable?

Hexagon Purus ASA's average Accounts Payable for the three months ended in Sep. 2024 was $28.6 Mil. Hexagon Purus ASA's Cost of Goods Sold for the three months ended in Sep. 2024 was $28.5 Mil. Hence, Hexagon Purus ASA's Days Payable for the three months ended in Sep. 2024 was 91.80.

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

HPURF' s Days Payable Range Over the Past 10 Years
Min: 86 Med: 154.85 Max: 469.72
Current: 86

During the past 6 years, Hexagon Purus ASA's highest Days Payable was 469.72. The lowest was 86.00. And the median was 154.85.

HPURF's Days Payable is ranked better than
77.78% of 153 companies
in the Industrial Distribution industry
Industry Median: 52.5 vs HPURF: 86.00

Hexagon Purus ASA's Days Payable increased from Sep. 2023 (78.83) to Sep. 2024 (91.80). It may suggest that Hexagon Purus ASA delayed paying its suppliers.

Hexagon Purus ASA Days Payable Historical Data

The historical data trend for Hexagon Purus 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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Hexagon Purus ASA Days Payable Chart

Hexagon Purus ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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262.11

459.45

156.34

144.59

115.94

Hexagon Purus ASA 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															78.83	86.50	96.15	68.73	91.80

Competitive Comparison of Hexagon Purus ASA's Days Payable

For the Industrial Distribution subindustry, Hexagon Purus 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.

Hexagon Purus ASA's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's Days Payable distribution charts can be found below:

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

Hexagon Purus 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.

Hexagon Purus 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
=	( (25.882	+	20.898)	/	2 )	/	73.638	*	365
=	23.39					/	73.638	*	365
=	115.94

Hexagon Purus ASA'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
=	( (23.587	+	33.687)	/	2 )	/	28.466	*	365 / 4
=	28.637					/	28.466	*	365 / 4
=	91.80

Hexagon Purus ASA Days Payable Related Terms

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Hexagon Purus ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hexagon Purus ASA (OTCPK:HPURF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HPURo:Sweden HPUR:Norway 0AC1:UK 0QJ:Germany

Address

Korsegata 4B, Alesund, NOR, NO-6002

Website

https://www.hexagongroup.com

Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. The company has a geographic presence in Norway, Europe, North America, and Others.