Seamless Distribution Systems AB (NGM:SDS) Days Payable : 629.67 (As of Jun. 2024)

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What is Seamless Distribution Systems AB Days Payable?

Seamless Distribution Systems AB's average Accounts Payable for the three months ended in Jun. 2024 was kr43.3 Mil. Seamless Distribution Systems AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr6.3 Mil. Hence, Seamless Distribution Systems AB's Days Payable for the three months ended in Jun. 2024 was 629.67.

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

NGM:SDS' s Days Payable Range Over the Past 10 Years
Min: 50.79 Med: 107.04 Max: 466.41
Current: 466.41

During the past 8 years, Seamless Distribution Systems AB's highest Days Payable was 466.41. The lowest was 50.79. And the median was 107.04.

NGM:SDS's Days Payable is ranked better than
92.59% of 2523 companies
in the Software industry
Industry Median: 48.75 vs NGM:SDS: 466.41

Seamless Distribution Systems AB's Days Payable increased from Mar. 2023 (172.13) to Jun. 2024 (629.67). It may suggest that Seamless Distribution Systems AB delayed paying its suppliers.

Seamless Distribution Systems AB Days Payable Historical Data

The historical data trend for Seamless Distribution Systems 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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Seamless Distribution Systems AB Days Payable Chart

Seamless Distribution Systems AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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129.47

50.79

64.48

75.35

118.63

Seamless Distribution Systems AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															172.13	164.10	161.32	718.96	629.67

Competitive Comparison of Seamless Distribution Systems AB's Days Payable

For the Software - Infrastructure subindustry, Seamless Distribution Systems 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.

Seamless Distribution Systems AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Seamless Distribution Systems AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Seamless Distribution Systems AB's Days Payable falls into.

Seamless Distribution Systems 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.

Seamless Distribution Systems AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (22.704	+	40.247)	/	2 )	/	96.846	*	365
=	31.4755					/	96.846	*	365
=	118.63

Seamless Distribution Systems 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
=	( (40.035	+	46.649)	/	2 )	/	6.281	*	365 / 4
=	43.342					/	6.281	*	365 / 4
=	629.67

Seamless Distribution Systems AB Days Payable Related Terms

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Seamless Distribution Systems AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seamless Distribution Systems AB (NGM:SDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vasagatan 7, Stockholm, SWE, 111 20

Website

https://www.sds.seamless.se

Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.