Aallon Group Oyj (OHEL:AALLON) Days Payable : 355.82 (As of Dec. 2023)

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What is Aallon Group Oyj Days Payable?

Aallon Group Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €3.66 Mil. Aallon Group Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.88 Mil. Hence, Aallon Group Oyj's Days Payable for the six months ended in Dec. 2023 was 355.82.

The historical rank and industry rank for Aallon Group Oyj's Days Payable or its related term are showing as below:

OHEL:AALLON' s Days Payable Range Over the Past 10 Years
Min: 87.73 Med: 232.38 Max: 3212
Current: 266.33

During the past 7 years, Aallon Group Oyj's highest Days Payable was 3212.00. The lowest was 87.73. And the median was 232.38.

OHEL:AALLON's Days Payable is ranked better than
91.34% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs OHEL:AALLON: 266.33

Aallon Group Oyj's Days Payable increased from Dec. 2022 (74.48) to Dec. 2023 (355.82). It may suggest that Aallon Group Oyj delayed paying its suppliers.

Aallon Group Oyj Days Payable Historical Data

The historical data trend for Aallon Group Oyj'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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Aallon Group Oyj Days Payable Chart

Aallon Group Oyj Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.26

93.17

440.36

356.50

87.73

Aallon Group Oyj Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							433.53	331.32	74.48	355.43	355.82

Competitive Comparison of Aallon Group Oyj's Days Payable

For the Specialty Business Services subindustry, Aallon Group Oyj'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.

Aallon Group Oyj's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aallon Group Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where Aallon Group Oyj's Days Payable falls into.

Aallon Group Oyj 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.

Aallon Group Oyj'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
=	( (0.897	+	0.909)	/	2 )	/	3.757	*	365
=	0.903					/	3.757	*	365
=	87.73

Aallon Group Oyj'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
=	( (6.418	+	0.909)	/	2 )	/	1.879	*	365 / 2
=	3.6635					/	1.879	*	365 / 2
=	355.82

Aallon Group Oyj Days Payable Related Terms

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Aallon Group Oyj (OHEL:AALLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aallon Group Oyj (OHEL:AALLON) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

I74:Germany

Address

Esterinportti 2, Helsinki, FIN, 00240

Website

https://www.aallongroup.fi

Aallon Group Oyj offer comprehensive accounting services in Finland. It offers daily financial services, advisory services, financial management services and others.

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