ArcticZymes Technologies ASA (LTS:0DRV) Days Payable : 290.81 (As of Dec. 2024)

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What is ArcticZymes Technologies ASA Days Payable?

ArcticZymes Technologies ASA's average Accounts Payable for the three months ended in Dec. 2024 was kr5.0 Mil. ArcticZymes Technologies ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was kr1.6 Mil. Hence, ArcticZymes Technologies ASA's Days Payable for the three months ended in Dec. 2024 was 290.81.

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

LTS:0DRV' s Days Payable Range Over the Past 10 Years
Min: 93.36 Med: 303.32 Max: 1527.43
Current: 311.66

During the past 13 years, ArcticZymes Technologies ASA's highest Days Payable was 1527.43. The lowest was 93.36. And the median was 303.32.

LTS:0DRV's Days Payable is ranked better than
71.09% of 709 companies
in the Biotechnology industry
Industry Median: 124.08 vs LTS:0DRV: 311.66

ArcticZymes Technologies ASA's Days Payable increased from Dec. 2023 (207.89) to Dec. 2024 (290.81). It may suggest that ArcticZymes Technologies ASA delayed paying its suppliers.

ArcticZymes Technologies ASA Days Payable Historical Data

The historical data trend for ArcticZymes Technologies 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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ArcticZymes Technologies ASA Days Payable Chart

ArcticZymes Technologies ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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1,196.66

434.57

401.18

312.00

294.63

ArcticZymes Technologies 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															207.89	392.77	240.17	410.76	290.81

Competitive Comparison of ArcticZymes Technologies ASA's Days Payable

For the Biotechnology subindustry, ArcticZymes Technologies 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.

ArcticZymes Technologies ASA's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ArcticZymes Technologies ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where ArcticZymes Technologies ASA's Days Payable falls into.

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ArcticZymes Technologies 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.

ArcticZymes Technologies 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
=	( (4.539	+	5.12)	/	2 )	/	5.983	*	365
=	4.8295					/	5.983	*	365
=	294.63

ArcticZymes Technologies 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
=	( (4.957	+	5.12)	/	2 )	/	1.581	*	365 / 4
=	5.0385					/	1.581	*	365 / 4
=	290.81

ArcticZymes Technologies ASA Days Payable Related Terms

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ArcticZymes Technologies ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ArcticZymes Technologies ASA (LTS:0DRV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BIOTECO:Sweden AZT:Norway B4V:Germany

Address

Sykehusveien 23, Tromso, NOR, 9294

Website

https://www.arcticzymes.com

ArcticZymes Technologies ASA is a biotechnology company. The company is engaged in developing, producing, and marketing immune-modulating beta-glucans and novel recombinant enzymes. The company's products include Woulgan wound gel, Feed Ingredient (M-Glucan), Nutraceuticals (M-Gard), Recombinant enzymes, and others. The company reports in two operating segments, Enzymes and Corporate. Geographically, it derives a majority of revenue from the USA followed by Lithuania, Germany, Italy, France, and other countries.

ArcticZymes Technologies ASA Headlines

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