Adverty AB (NGM:ADVT) Days Payable : 96.34 (As of Dec. 2024)

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What is Adverty AB Days Payable?

Adverty AB's average Accounts Payable for the three months ended in Dec. 2024 was kr7.01 Mil. Adverty AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr6.64 Mil. Hence, Adverty AB's Days Payable for the three months ended in Dec. 2024 was 96.34.

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

NGM:ADVT' s Days Payable Range Over the Past 10 Years
Min: 53.9 Med: 80.49 Max: 3416.29
Current: 63.46

During the past 8 years, Adverty AB's highest Days Payable was 3416.29. The lowest was 53.90. And the median was 80.49.

NGM:ADVT's Days Payable is ranked worse than
58.88% of 946 companies
in the Media - Diversified industry
Industry Median: 83.3 vs NGM:ADVT: 63.46

Adverty AB's Days Payable increased from Dec. 2023 (52.14) to Dec. 2024 (96.34). It may suggest that Adverty AB delayed paying its suppliers.

Adverty AB Days Payable Historical Data

The historical data trend for Adverty 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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Adverty AB Days Payable Chart

Adverty AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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170.23

53.90

79.03

80.49

104.47

Adverty AB 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															52.14	42.43	36.74	113.79	96.34

Competitive Comparison of Adverty AB's Days Payable

For the Advertising Agencies subindustry, Adverty 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.

Adverty AB's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adverty AB's Days Payable distribution charts can be found below:

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

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Adverty 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.

Adverty AB'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
=	( (5.847	+	7.728)	/	2 )	/	23.714	*	365
=	6.7875					/	23.714	*	365
=	104.47

Adverty AB'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
=	( (6.287	+	7.728)	/	2 )	/	6.637	*	365 / 4
=	7.0075					/	6.637	*	365 / 4
=	96.34

Adverty AB Days Payable Related Terms

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Adverty AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adverty AB (NGM:ADVT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rosterigrand 16, Stockholm, SWE, SE-117 61

Website

https://www.adverty.com

Adverty AB is engaged in the development and operation of advertising solutions for Virtual Reality and Augmented Reality and related business.

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