Garpco AB (NGM:GARPCO B) Days Payable : 29.56 (As of Mar. 2025)

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What is Garpco AB Days Payable?

Garpco AB's average Accounts Payable for the three months ended in Mar. 2025 was kr43.7 Mil. Garpco AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr135.0 Mil. Hence, Garpco AB's Days Payable for the three months ended in Mar. 2025 was 29.56.

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

NGM:GARPCO B' s Days Payable Range Over the Past 10 Years
Min: 30.33 Med: 32.5 Max: 33
Current: 30.95

During the past 4 years, Garpco AB's highest Days Payable was 33.00. The lowest was 30.33. And the median was 32.50.

NGM:GARPCO B's Days Payable is ranked worse than
76.79% of 461 companies
in the Asset Management industry
Industry Median: 68.32 vs NGM:GARPCO B: 30.95

Garpco AB's Days Payable increased from Mar. 2024 (28.15) to Mar. 2025 (29.56). It may suggest that Garpco AB delayed paying its suppliers.

Garpco AB Days Payable Historical Data

The historical data trend for Garpco 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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Garpco AB Days Payable Chart

Garpco AB Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Payable

32.75

32.24

33.00

30.33

Garpco AB Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial					28.15	29.54	38.02	28.24	29.56

Competitive Comparison of Garpco AB's Days Payable

For the Asset Management subindustry, Garpco 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.

Garpco AB's Days Payable Distribution in the Asset Management Industry

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

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

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Garpco 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.

Garpco 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
=	( (38.246	+	43.624)	/	2 )	/	492.644	*	365
=	40.935					/	492.644	*	365
=	30.33

Garpco AB's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (43.624	+	43.862)	/	2 )	/	135.045	*	365 / 4
=	43.743					/	135.045	*	365 / 4
=	29.56

Garpco AB Days Payable Related Terms

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Garpco AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Garpco AB (NGM:GARPCO B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huskvarnavagen 80, 3 tr, Jonkoping, SWE, 554 54

Website

Garpco AB is a company that operates through its subsidiaries whose business concept consists of acquiring and long-term development of small and medium-sized industrial and trading companies. Through a combination of company acquisitions and organic growth in the subsidiaries, they create a profitable company group of such a size that the individual subsidiaries' needs for both competent employees and growth capital are secured, while at the same time, it gives the shareholders a good return on invested capital.

Garpco AB Headlines

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