MT Hojgaard Holding A/S (OCSE:MTHH) Days Payable : 63.98 (As of Mar. 2024)

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What is MT Hojgaard Holding A/S Days Payable?

MT Hojgaard Holding A/S's average Accounts Payable for the three months ended in Mar. 2024 was kr1,494 Mil. MT Hojgaard Holding A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2,131 Mil. Hence, MT Hojgaard Holding A/S's Days Payable for the three months ended in Mar. 2024 was 63.98.

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

OCSE:MTHH' s Days Payable Range Over the Past 10 Years
Min: 47.78 Med: 53.66 Max: 8077.43
Current: 55.84

During the past 13 years, MT Hojgaard Holding A/S's highest Days Payable was 8077.43. The lowest was 47.78. And the median was 53.66.

OCSE:MTHH's Days Payable is ranked worse than
65.82% of 1606 companies
in the Construction industry
Industry Median: 76.53 vs OCSE:MTHH: 55.84

MT Hojgaard Holding A/S's Days Payable increased from Mar. 2023 (54.66) to Mar. 2024 (63.98). It may suggest that MT Hojgaard Holding A/S delayed paying its suppliers.

MT Hojgaard Holding A/S Days Payable Historical Data

The historical data trend for MT Hojgaard Holding 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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MT Hojgaard Holding A/S Days Payable Chart

MT Hojgaard Holding A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.91

53.55

48.10

58.30

58.04

MT Hojgaard Holding 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															54.66	43.61	53.24	71.27	63.98

Competitive Comparison of MT Hojgaard Holding A/S's Days Payable

For the Engineering & Construction subindustry, MT Hojgaard Holding 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.

MT Hojgaard Holding A/S's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, MT Hojgaard Holding A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where MT Hojgaard Holding A/S's Days Payable falls into.

MT Hojgaard Holding 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.

MT Hojgaard Holding 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
=	( (1384.2	+	1499.9)	/	2 )	/	9068.1	*	365
=	1442.05					/	9068.1	*	365
=	58.04

MT Hojgaard Holding 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
=	( (1499.9	+	1488.6)	/	2 )	/	2131.2	*	365 / 4
=	1494.25					/	2131.2	*	365 / 4
=	63.98

MT Hojgaard Holding A/S Days Payable Related Terms

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MT Hojgaard Holding A/S (OCSE:MTHH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MT Hojgaard Holding A/S (OCSE:MTHH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0JD8:UK

Address

Knud Hojgaards Vej 7, Soborg, DNK, 2860

Website

https://www.mth.com

MT Hojgaard Holding A/S together with its subsidiaries, operates in the construction and civil engineering industries in the Nordic countries. It develops, constructs, and refurbishes private and public sector buildings; constructs residential, head office, hospital, station, refurbishment, and PPP projects; and builds residential, office, school, and research and laboratory facilities, as well as engages in electrical installation activities. The company's geographical segments include Denmark and the Rest of the world.

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