Northern CapSek Ventures AB (NGM:CAPS) Days Payable : 50.15 (As of Mar. 2024)

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What is Northern CapSek Ventures AB Days Payable?

Northern CapSek Ventures AB's average Accounts Payable for the three months ended in Mar. 2024 was kr0.43 Mil. Northern CapSek Ventures AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.78 Mil. Hence, Northern CapSek Ventures AB's Days Payable for the three months ended in Mar. 2024 was 50.15.

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

NGM:CAPS' s Days Payable Range Over the Past 10 Years
Min: 11.37 Med: 34.5 Max: 56.95
Current: 41.64

During the past 5 years, Northern CapSek Ventures AB's highest Days Payable was 56.95. The lowest was 11.37. And the median was 34.50.

NGM:CAPS's Days Payable is ranked worse than
66.6% of 470 companies
in the Asset Management industry
Industry Median: 74.64 vs NGM:CAPS: 41.64

Northern CapSek Ventures AB's Days Payable increased from Mar. 2023 (39.22) to Mar. 2024 (50.15). It may suggest that Northern CapSek Ventures AB delayed paying its suppliers.

Northern CapSek Ventures AB Days Payable Historical Data

The historical data trend for Northern CapSek Ventures 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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Northern CapSek Ventures AB Days Payable Chart

Northern CapSek Ventures AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

21.33

11.37

38.07

56.95

34.50

Northern CapSek Ventures AB Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											39.22	37.75	28.55	40.18	50.15

Competitive Comparison of Northern CapSek Ventures AB's Days Payable

For the Asset Management subindustry, Northern CapSek Ventures 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.

Northern CapSek Ventures AB's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern CapSek Ventures AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Northern CapSek Ventures AB's Days Payable falls into.

Northern CapSek Ventures 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.

Northern CapSek Ventures 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
=	( (0.238	+	0.351)	/	2 )	/	3.116	*	365
=	0.2945					/	3.116	*	365
=	34.50

Northern CapSek Ventures 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
=	( (0.351	+	0.503)	/	2 )	/	0.777	*	365 / 4
=	0.427					/	0.777	*	365 / 4
=	50.15

Northern CapSek Ventures AB Days Payable Related Terms

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Northern CapSek Ventures AB (NGM:CAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Northern CapSek Ventures AB (NGM:CAPS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vallgatan 27, Gothenburg, SWE, 411 16

Website

https://www.capsek.se

Northern CapSek Ventures AB is an investment company. The firm invests in growth companies with scalable business models and which has the potential to establish internationally on a larger scale.