Brodrene A & O Johansen A/S (OCSE:AOJ B) Days Payable : 94.68 (As of Mar. 2024)

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What is Brodrene A & O Johansen A/S Days Payable?

Brodrene A & O Johansen A/S's average Accounts Payable for the three months ended in Mar. 2024 was kr995 Mil. Brodrene A & O Johansen A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr959 Mil. Hence, Brodrene A & O Johansen A/S's Days Payable for the three months ended in Mar. 2024 was 94.68.

The historical rank and industry rank for Brodrene A & O Johansen A/S's Days Payable or its related term are showing as below:

OCSE:AOJ B' s Days Payable Range Over the Past 10 Years
Min: 71.86 Med: 82.57 Max: 99.11
Current: 89.91

During the past 13 years, Brodrene A & O Johansen A/S's highest Days Payable was 99.11. The lowest was 71.86. And the median was 82.57.

OCSE:AOJ B's Days Payable is ranked better than
81.82% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.76 vs OCSE:AOJ B: 89.91

Brodrene A & O Johansen A/S's Days Payable declined from Mar. 2023 (95.50) to Mar. 2024 (94.68). It may suggest that Brodrene A & O Johansen A/S accelerated paying its suppliers.

Brodrene A & O Johansen A/S Days Payable Historical Data

The historical data trend for Brodrene A & O Johansen A/S'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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Brodrene A & O Johansen A/S Days Payable Chart

Brodrene A & O Johansen A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.79

88.62

91.11

98.42

99.11

Brodrene A & O Johansen A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															95.50	91.09	85.47	83.47	94.68

Competitive Comparison of Brodrene A & O Johansen A/S's Days Payable

For the Industrial Distribution subindustry, Brodrene A & O Johansen A/S'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.

Brodrene A & O Johansen A/S's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Brodrene A & O Johansen A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Brodrene A & O Johansen A/S's Days Payable falls into.

Brodrene A & O Johansen A/S 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.

Brodrene A & O Johansen A/S's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1181.319	+	1006.632)	/	2 )	/	4028.78	*	365
=	1093.9755					/	4028.78	*	365
=	99.11

Brodrene A & O Johansen A/S's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1006.632	+	982.525)	/	2 )	/	958.534	*	365 / 4
=	994.5785					/	958.534	*	365 / 4
=	94.68

Brodrene A & O Johansen A/S Days Payable Related Terms

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Brodrene A & O Johansen A/S (OCSE:AOJ B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Brodrene A & O Johansen A/S (OCSE:AOJ B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

XH0:Germany

Address

Rorvang 3, Albertslund, DNK, 2620

Website

http://www.ao.dk

Brodrene A & O Johansen A/S is a distributor of industrial products in Denmark. It provides technical installation materials and supplies to the construction industry in Denmark. Its products include heating plumbing and sanitary ware products, electrical equipment and components, water supply and drainage products. Its clients comprise of plumbers, electricians, building contractors, sewer contractors, construction companies, municipalities, utilities and public institutions. The company follows three sales channels, which are AO Stores, which cater to the local market; Online trading, which offers products through its website and mobile application and competency centers where customers may place orders and get advice and direction as well as offers over the phone.

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