Avsalt Group AB (NGM:AVSALT) Days Payable : 471.44 (As of Dec. 2024)

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What is Avsalt Group AB Days Payable?

Avsalt Group AB's average Accounts Payable for the six months ended in Dec. 2024 was kr1.99 Mil. Avsalt Group AB's Cost of Goods Sold for the six months ended in Dec. 2024 was kr0.77 Mil. Hence, Avsalt Group AB's Days Payable for the six months ended in Dec. 2024 was 471.44.

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

NGM:AVSALT' s Days Payable Range Over the Past 10 Years
Min: 30.17 Med: 49.35 Max: 439.7
Current: 439.7

During the past 6 years, Avsalt Group AB's highest Days Payable was 439.70. The lowest was 30.17. And the median was 49.35.

NGM:AVSALT's Days Payable is ranked better than
97.52% of 2942 companies
in the Industrial Products industry
Industry Median: 76.615 vs NGM:AVSALT: 439.70

Avsalt Group AB's Days Payable declined from Dec. 2023 (796.63) to Dec. 2024 (471.44). It may suggest that Avsalt Group AB accelerated paying its suppliers.

Avsalt Group AB Days Payable Historical Data

The historical data trend for Avsalt Group 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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Avsalt Group AB Days Payable Chart

Avsalt Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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30.91

30.17

67.79

277.35

Avsalt Group AB Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial						41.70	88.51	796.63	564.09	471.44

Competitive Comparison of Avsalt Group AB's Days Payable

For the Specialty Industrial Machinery subindustry, Avsalt Group 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.

Avsalt Group AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avsalt Group AB's Days Payable distribution charts can be found below:

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

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Avsalt Group 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.

Avsalt Group 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
=	( (0	+	1.253)	/	1 )	/	1.649	*	365
=	1.253					/	1.649	*	365
=	277.35

Avsalt Group 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: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2.72	+	1.253)	/	2 )	/	0.769	*	365 / 2
=	1.9865					/	0.769	*	365 / 2
=	471.44

Avsalt Group AB Days Payable Related Terms

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Avsalt Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avsalt Group AB (NGM:AVSALT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Open lab, Forskaren 3rd floor, Per Albin Hanssons vag 35, Malmo, SWE, 214 32

Website

https://www.avsalt.com

Avsalt Group AB is a Swedish environmental technology company that manufactures desalination machines to purify water. The company's patented technology entails minimal maintenance and low energy consumption and enables a continuous flow of water purified from ions and charged small molecules. The technology is based on thin carbon-based electrodes which, with alternating voltage application, remove ions and charged small molecules from the water.

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