GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Arendals Fossekompani ASA (LTS:0DHA) » Definitions » Days Payable

Arendals Fossekompani ASA (LTS:0DHA) Days Payable : 61.83 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Arendals Fossekompani ASA Days Payable?

Arendals Fossekompani ASA's average Accounts Payable for the three months ended in Dec. 2024 was kr309 Mil. Arendals Fossekompani ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was kr456 Mil. Hence, Arendals Fossekompani ASA's Days Payable for the three months ended in Dec. 2024 was 61.83.

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

LTS:0DHA' s Days Payable Range Over the Past 10 Years
Min: 64.97   Med: 128.53   Max: 183.12
Current: 64.97

During the past 13 years, Arendals Fossekompani ASA's highest Days Payable was 183.12. The lowest was 64.97. And the median was 128.53.

LTS:0DHA's Days Payable is ranked better than
57.14% of 525 companies
in the Conglomerates industry
Industry Median: 58 vs LTS:0DHA: 64.97

Arendals Fossekompani ASA's Days Payable declined from Dec. 2023 (136.48) to Dec. 2024 (61.83). It may suggest that Arendals Fossekompani ASA accelerated paying its suppliers.


Arendals Fossekompani ASA Days Payable Historical Data

The historical data trend for Arendals Fossekompani 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.

* Premium members only.

Arendals Fossekompani ASA Days Payable Chart

Arendals Fossekompani ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.12 140.04 168.54 144.34 79.51

Arendals Fossekompani ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.48 94.96 40.43 85.08 61.83

Competitive Comparison of Arendals Fossekompani ASA's Days Payable

For the Conglomerates subindustry, Arendals Fossekompani 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.


Arendals Fossekompani ASA's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Days Payable distribution charts can be found below:

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


;
;

Arendals Fossekompani 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.

Arendals Fossekompani ASA'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
=( (485.561 + 327) / 2 ) / 1865*365
=406.2805 / 1865*365
=79.51

Arendals Fossekompani ASA'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
=( (291 + 327) / 2 ) / 456*365 / 4
=309 / 456*365 / 4
=61.83

* 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.


Arendals Fossekompani ASA Days Payable Related Terms

Thank you for viewing the detailed overview of Arendals Fossekompani ASA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Arendals Fossekompani ASA Business Description

Traded in Other Exchanges
Address
Langbryggen 9, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.

Arendals Fossekompani ASA Headlines

No Headlines