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Frontwalker AB (NGM:FRWA B) Days Payable : 21.04 (As of Mar. 2025)


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What is Frontwalker AB Days Payable?

Frontwalker AB's average Accounts Payable for the three months ended in Mar. 2025 was kr2.85 Mil. Frontwalker AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr12.35 Mil. Hence, Frontwalker AB's Days Payable for the three months ended in Mar. 2025 was 21.04.

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

NGM:FRWA B' s Days Payable Range Over the Past 10 Years
Min: 13.81   Med: 30.76   Max: 195.66
Current: 21.91

During the past 10 years, Frontwalker AB's highest Days Payable was 195.66. The lowest was 13.81. And the median was 30.76.

NGM:FRWA B's Days Payable is ranked worse than
78.35% of 2541 companies
in the Software industry
Industry Median: 54.42 vs NGM:FRWA B: 21.91

Frontwalker AB's Days Payable increased from Mar. 2024 (20.22) to Mar. 2025 (21.04). It may suggest that Frontwalker AB delayed paying its suppliers.


Frontwalker AB Days Payable Historical Data

The historical data trend for Frontwalker 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.

* Premium members only.

Frontwalker AB Days Payable Chart

Frontwalker AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 195.66 30.33 31.19 24.52 27.03

Frontwalker AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.22 23.10 26.52 19.69 21.04

Competitive Comparison of Frontwalker AB's Days Payable

For the Information Technology Services subindustry, Frontwalker 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.


Frontwalker AB's Days Payable Distribution in the Software Industry

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

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


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Frontwalker 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.

Frontwalker 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
=( (4.468 + 3.648) / 2 ) / 54.798*365
=4.058 / 54.798*365
=27.03

Frontwalker 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
=( (3.648 + 2.046) / 2 ) / 12.346*365 / 4
=2.847 / 12.346*365 / 4
=21.04

* 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.


Frontwalker AB Days Payable Related Terms

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Frontwalker AB Business Description

Traded in Other Exchanges
N/A
Address
Industrigatan 17, Harnosand, SWE, 856 53
Frontwalker AB offers commitments regarding developing and managing large customer-specific IT systems and enhancing resources and competence throughout all phases of the system development process.

Frontwalker AB Headlines

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