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eBlitz Group AB (NGM:EBLITZ) Days Payable : 8.17 (As of Oct. 2023)


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What is eBlitz Group AB Days Payable?

eBlitz Group AB's average Accounts Payable for the six months ended in Oct. 2023 was kr0.09 Mil. eBlitz Group AB's Cost of Goods Sold for the six months ended in Oct. 2023 was kr1.97 Mil. Hence, eBlitz Group AB's Days Payable for the six months ended in Oct. 2023 was 8.17.

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

NGM:EBLITZ' s Days Payable Range Over the Past 10 Years
Min: 4.41   Med: 32.53   Max: 814.73
Current: 12.6

During the past 6 years, eBlitz Group AB's highest Days Payable was 814.73. The lowest was 4.41. And the median was 32.53.

NGM:EBLITZ's Days Payable is ranked worse than
86.2% of 471 companies
in the Asset Management industry
Industry Median: 74.53 vs NGM:EBLITZ: 12.60

eBlitz Group AB's Days Payable increased from Oct. 2022 (6.49) to Oct. 2023 (8.17). It may suggest that eBlitz Group AB delayed paying its suppliers.


eBlitz Group AB Days Payable Historical Data

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

eBlitz Group AB Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial 814.73 54.85 29.25 4.41 15.50

eBlitz Group AB Semi-Annual Data
Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 5.73 6.49 54.21 8.17

Competitive Comparison of eBlitz Group AB's Days Payable

For the Asset Management subindustry, eBlitz 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.


eBlitz Group AB's Days Payable Distribution in the Asset Management Industry

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

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



eBlitz 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.

eBlitz Group AB's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (0.127 + 0.121) / 2 ) / 2.92*365
=0.124 / 2.92*365
=15.50

eBlitz Group AB's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (0.121 + 0.055) / 2 ) / 1.966*365 / 2
=0.088 / 1.966*365 / 2
=8.17

* 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.


eBlitz Group AB Days Payable Related Terms

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eBlitz Group AB (NGM:EBLITZ) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 8, Floor 2, KG10 Office Hotel, Stockholm, SWE, SE- 114 35
eBlitz Group AB is an investment and advisory company active in Digital Entertainment. Its business concept is to provide independent business advice and financing solutions to Swedish growth companies and to actively manage the company's equity in the interests of shareholders.

eBlitz Group AB (NGM:EBLITZ) Headlines

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