Happy Helper A/S (OCSE:HAPPY) Days Payable : 33.72 (As of Feb. 2023)

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What is Happy Helper A/S Days Payable?

Happy Helper A/S's average Accounts Payable for the six months ended in Feb. 2023 was kr0.58 Mil. Happy Helper A/S's Cost of Goods Sold for the six months ended in Feb. 2023 was kr3.15 Mil. Hence, Happy Helper A/S's Days Payable for the six months ended in Feb. 2023 was 33.72.

The historical rank and industry rank for Happy Helper A/S's Days Payable or its related term are showing as below:

OCSE:HAPPY's Days Payable is not ranked ^*
in the Personal Services industry.
Industry Median: 29.96
* Ranked among companies with meaningful Days Payable only.

Happy Helper A/S's Days Payable declined from Feb. 2022 (102.37) to Feb. 2023 (33.72). It may suggest that Happy Helper A/S accelerated paying its suppliers.

Happy Helper A/S Days Payable Historical Data

The historical data trend for Happy Helper 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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Happy Helper A/S Days Payable Chart

Happy Helper A/S Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Days Payable

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44.69

53.66

27.32

31.21

61.86

Happy Helper A/S Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23
Days Payable	Get a 7-Day Free Trial								27.96	40.91	102.37	31.52	33.72

Competitive Comparison of Happy Helper A/S's Days Payable

For the Personal Services subindustry, Happy Helper 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.

Happy Helper A/S's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Happy Helper A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Happy Helper A/S's Days Payable falls into.

Happy Helper 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.

Happy Helper A/S's Days Payable for the fiscal year that ended in Aug. 2022 is calculated as

	Days Payable (A: Aug. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2021 )	+	Accounts Payable (A: Aug. 2022 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2022 )	*	Days in Period
=	( (0.668	+	0.602)	/	2 )	/	3.747	*	365
=	0.635					/	3.747	*	365
=	61.86

Happy Helper A/S's Days Payable for the quarter that ended in Feb. 2023 is calculated as:

	Days Payable (Q: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2022 )	+	Accounts Payable (Q: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2023 )	*	Days in Period
=	( (0.602	+	0.562)	/	2 )	/	3.15	*	365 / 2
=	0.582					/	3.15	*	365 / 2
=	33.72

Happy Helper A/S Days Payable Related Terms

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Happy Helper A/S (OCSE:HAPPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Happy Helper A/S (OCSE:HAPPY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Langelinie alle 47, Copenhagen, DNK, 2100

Website

https://www.happyhelper.dk

Happy Helper A/S provides on-demand home cleaning services. It has developed a Airbnb-like" online marketplace, and it matches customers with cleaners to provide its services.

Happy Helper A/S (OCSE:HAPPY) Headlines

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