Awardit AB (NGM:AWRD) Days Payable : 65.94 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Awardit AB Days Payable?

Awardit AB's average Accounts Payable for the three months ended in Jun. 2024 was kr145 Mil. Awardit AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr201 Mil. Hence, Awardit AB's Days Payable for the three months ended in Jun. 2024 was 65.94.

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

NGM:AWRD' s Days Payable Range Over the Past 10 Years
Min: 59.78 Med: 123.16 Max: 172.98
Current: 71.01

During the past 9 years, Awardit AB's highest Days Payable was 172.98. The lowest was 59.78. And the median was 123.16.

NGM:AWRD's Days Payable is ranked better than
64.56% of 917 companies
in the Business Services industry
Industry Median: 46.44 vs NGM:AWRD: 71.01

Awardit AB's Days Payable declined from Jun. 2023 (80.48) to Jun. 2024 (65.94). It may suggest that Awardit AB accelerated paying its suppliers.

Awardit AB Days Payable Historical Data

The historical data trend for Awardit 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.

Awardit AB Days Payable Chart

Awardit AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

123.68

111.99

123.16

145.08

128.22

Awardit AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															80.48	74.73	62.13	94.27	65.94

Competitive Comparison of Awardit AB's Days Payable

For the Specialty Business Services subindustry, Awardit 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.

Awardit AB's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Awardit AB's Days Payable distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Awardit 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.

Awardit 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
=	( (289.535	+	240.778)	/	2 )	/	754.827	*	365
=	265.1565					/	754.827	*	365
=	128.22

Awardit AB's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (149.295	+	141.074)	/	2 )	/	200.913	*	365 / 4
=	145.1845					/	200.913	*	365 / 4
=	65.94

Awardit AB Days Payable Related Terms

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

Awardit AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Awardit AB (NGM:AWRD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Snickarbacken 2, Stockholm, SWE, 111 39

Website

http://www.awardit.se

Awardit AB provides marketing services. The company offers its services to loyalty and sales motivation programs, customer clubs, and digital scoring services. It is an operator of customer clubs in the Nordic countries, loyalty programs, sales motivation programs, digital score currencies and points jumpers.

Awardit AB Headlines

No Headlines