GreenMerc AB (NGM:GMERC B) Days Payable : 45.74 (As of Mar. 2025)

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What is GreenMerc AB Days Payable?

GreenMerc AB's average Accounts Payable for the three months ended in Mar. 2025 was kr0.8 Mil. GreenMerc AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr1.6 Mil. Hence, GreenMerc AB's Days Payable for the three months ended in Mar. 2025 was 45.74.

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

NGM:GMERC B' s Days Payable Range Over the Past 10 Years
Min: 0.36 Med: 0.67 Max: 0.97
Current: 0.45

During the past 3 years, GreenMerc AB's highest Days Payable was 0.97. The lowest was 0.36. And the median was 0.67.

NGM:GMERC B's Days Payable is ranked worse than
97.32% of 523 companies
in the Capital Markets industry
Industry Median: 96.6 vs NGM:GMERC B: 0.45

GreenMerc AB's Days Payable increased from Mar. 2024 (0.00) to Mar. 2025 (45.74). It may suggest that GreenMerc AB delayed paying its suppliers.

GreenMerc AB Days Payable Historical Data

The historical data trend for GreenMerc 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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GreenMerc AB Days Payable Chart

GreenMerc AB Annual Data

Trend

Dec22

Dec23

Dec24

Days Payable

0.97

0.36

GreenMerc AB Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial				-	-	-	0.19	45.74

Competitive Comparison of GreenMerc AB's Days Payable

For the Capital Markets subindustry, GreenMerc 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.

GreenMerc AB's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GreenMerc AB's Days Payable distribution charts can be found below:

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

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GreenMerc 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.

GreenMerc 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
=	( (0.556	+	0.777)	/	2 )	/	668.233	*	365
=	0.6665					/	668.233	*	365
=	0.36

GreenMerc 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
=	( (0.777	+	0)	/	1 )	/	1.55	*	365 / 4
=	0.777					/	1.55	*	365 / 4
=	45.74

GreenMerc AB Days Payable Related Terms

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GreenMerc AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GreenMerc AB (NGM:GMERC B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

L5L:Germany

Address

Box no. 5074, Stockholm, SWE, 102 42

Website

https://www.greenmerc.com

GreenMerc AB is a fintech company with a state-of-the-art proprietary software platform that supports both digital assets and traditional fintech services. Its platform is designed to shape the future of traditional banking while enabling easy and secure cryptocurrency trading.

GreenMerc AB Headlines

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