Spark Technology A/S (OCSE:SPARK) Days Payable : 2,514.56 (As of Dec. 2023)

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What is Spark Technology A/S Days Payable?

Spark Technology A/S's average Accounts Payable for the six months ended in Dec. 2023 was kr33.83 Mil. Spark Technology A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr2.46 Mil. Hence, Spark Technology A/S's Days Payable for the six months ended in Dec. 2023 was 2,514.56.

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

OCSE:SPARK' s Days Payable Range Over the Past 10 Years
Min: 1419.51 Med: 4319.56 Max: 7530.53
Current: 1419.51

During the past 10 years, Spark Technology A/S's highest Days Payable was 7530.53. The lowest was 1419.51. And the median was 4319.56.

OCSE:SPARK's Days Payable is ranked better than
83.3% of 527 companies
in the Capital Markets industry
Industry Median: 105.06 vs OCSE:SPARK: 1419.51

Spark Technology A/S's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (2,514.56). It may suggest that Spark Technology A/S delayed paying its suppliers.

Spark Technology A/S Days Payable Historical Data

The historical data trend for Spark Technology 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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Spark Technology A/S Days Payable Chart

Spark Technology A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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7,530.53

6,092.63

2,546.48

1,617.89

Spark Technology A/S Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										3,901.21	80.43	-	954.67	2,514.56

Competitive Comparison of Spark Technology A/S's Days Payable

For the Capital Markets subindustry, Spark Technology 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.

Spark Technology A/S's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spark Technology A/S's Days Payable distribution charts can be found below:

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

Spark Technology 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.

Spark Technology 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
=	( (54.539	+	38.306)	/	2 )	/	10.473	*	365
=	46.4225					/	10.473	*	365
=	1,617.89

Spark Technology A/S's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (29.346	+	38.306)	/	2 )	/	2.455	*	365 / 2
=	33.826					/	2.455	*	365 / 2
=	2,514.56

Spark Technology A/S Days Payable Related Terms

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Spark Technology A/S (OCSE:SPARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Spark Technology A/S (OCSE:SPARK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Njalsgade 76, 4, Copenhagen S, DNK, 2300

Website

https://www.spenn.com

Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated most of its revenue from a solution as a part of the SPENN platform Kazang Zambia.

Spark Technology A/S (OCSE:SPARK) Headlines

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