Peab AB (LTS:0MHT) Days Payable : 40.59 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Peab AB Days Payable?

Peab AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4,897 Mil. Peab AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr11,008 Mil. Hence, Peab AB's Days Payable for the three months ended in Mar. 2024 was 40.59.

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

LTS:0MHT' s Days Payable Range Over the Past 10 Years
Min: 30.52 Med: 34.52 Max: 39.02
Current: 33.39

During the past 13 years, Peab AB's highest Days Payable was 39.02. The lowest was 30.52. And the median was 34.52.

LTS:0MHT's Days Payable is ranked worse than
85.67% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs LTS:0MHT: 33.39

Peab AB's Days Payable increased from Mar. 2023 (38.57) to Mar. 2024 (40.59). It may suggest that Peab AB delayed paying its suppliers.

Peab AB Days Payable Historical Data

The historical data trend for Peab 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.

Peab AB Days Payable Chart

Peab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.36

30.52

33.31

32.79

32.72

Peab 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															38.57	-	-	28.12	40.59

Competitive Comparison of Peab AB's Days Payable

For the Engineering & Construction subindustry, Peab 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.

Peab AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Peab AB's Days Payable distribution charts can be found below:

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

Peab 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.

Peab 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
=	( (5131	+	4897)	/	2 )	/	55933	*	365
=	5014					/	55933	*	365
=	32.72

Peab 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
=	( (4897	+	0)	/	1 )	/	11008	*	365 / 4
=	4897					/	11008	*	365 / 4
=	40.59

Peab AB Days Payable Related Terms

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

Peab AB (LTS:0MHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Peab AB (LTS:0MHT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PEAB B:Sweden PEKB:Germany

Address

Margretetorpsvagen 84, Forslov, SWE, SE-269 73

Website

https://www.peab.com

Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

Peab AB (LTS:0MHT) Headlines

No Headlines