RISMA Systems AS (OCSE:RISMA) Days Payable : 50.52 (As of Dec. 2024)

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What is RISMA Systems AS Days Payable?

RISMA Systems AS's average Accounts Payable for the six months ended in Dec. 2024 was kr1.78 Mil. RISMA Systems AS's Cost of Goods Sold for the six months ended in Dec. 2024 was kr6.45 Mil. Hence, RISMA Systems AS's Days Payable for the six months ended in Dec. 2024 was 50.52.

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

OCSE:RISMA' s Days Payable Range Over the Past 10 Years
Min: 52.97 Med: 63.62 Max: 86.71
Current: 63.71

During the past 6 years, RISMA Systems AS's highest Days Payable was 86.71. The lowest was 52.97. And the median was 63.62.

OCSE:RISMA's Days Payable is ranked better than
56.71% of 2557 companies
in the Software industry
Industry Median: 51.31 vs OCSE:RISMA: 63.71

RISMA Systems AS's Days Payable increased from Dec. 2023 (44.65) to Dec. 2024 (50.52). It may suggest that RISMA Systems AS delayed paying its suppliers.

RISMA Systems AS Days Payable Historical Data

The historical data trend for RISMA Systems AS'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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RISMA Systems AS Days Payable Chart

RISMA Systems AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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71.83

52.97

55.03

70.84

86.71

RISMA Systems AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial					30.73	47.02	44.65	54.01	50.52

Competitive Comparison of RISMA Systems AS's Days Payable

For the Software - Application subindustry, RISMA Systems AS'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.

RISMA Systems AS's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where RISMA Systems AS's Days Payable falls into.

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RISMA Systems AS 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.

RISMA Systems AS'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
=	( (3.003	+	2.96)	/	2 )	/	12.55	*	365
=	2.9815					/	12.55	*	365
=	86.71

RISMA Systems AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.609	+	2.96)	/	2 )	/	6.447	*	365 / 2
=	1.7845					/	6.447	*	365 / 2
=	50.52

RISMA Systems AS Days Payable Related Terms

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RISMA Systems AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RISMA Systems AS (OCSE:RISMA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8WX:Germany

Address

Ejby Industrivej 34-38, Glostrup, DNK, 2600

Website

https://www.rismasystems.com

RISMA Systems AS is a Software-as-a-Service company. It offers an all-in-one software suite for all Governance, Risk, and Compliance (GRC) initiatives, such as GDPR, ISMS, risk management, financial controls, ISO standards - or any other GRC area that needs streamlined system support.

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