Digital Workforce Services (OHEL:DWF) Days Payable : 36.08 (As of Dec. 2023)

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What is Digital Workforce Services Days Payable?

Digital Workforce Services's average Accounts Payable for the six months ended in Dec. 2023 was €1.20 Mil. Digital Workforce Services's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.09 Mil. Hence, Digital Workforce Services's Days Payable for the six months ended in Dec. 2023 was 36.08.

The historical rank and industry rank for Digital Workforce Services's Days Payable or its related term are showing as below:

OHEL:DWF' s Days Payable Range Over the Past 10 Years
Min: 24.26 Med: 40.83 Max: 51.94
Current: 44.66

During the past 6 years, Digital Workforce Services's highest Days Payable was 51.94. The lowest was 24.26. And the median was 40.83.

OHEL:DWF's Days Payable is ranked worse than
53.88% of 2524 companies
in the Software industry
Industry Median: 49.615 vs OHEL:DWF: 44.66

Digital Workforce Services's Days Payable declined from Dec. 2022 (46.35) to Dec. 2023 (36.08). It may suggest that Digital Workforce Services accelerated paying its suppliers.

Digital Workforce Services Days Payable Historical Data

The historical data trend for Digital Workforce Services'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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Digital Workforce Services Days Payable Chart

Digital Workforce Services Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.04

40.12

41.54

46.02

51.94

Digital Workforce Services Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				37.80	35.71	46.35	46.31	36.08

Competitive Comparison of Digital Workforce Services's Days Payable

For the Information Technology Services subindustry, Digital Workforce Services'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.

Digital Workforce Services's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Digital Workforce Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Digital Workforce Services's Days Payable falls into.

Digital Workforce Services 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.

Digital Workforce Services'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
=	( (1.914	+	1.438)	/	2 )	/	11.778	*	365
=	1.676					/	11.778	*	365
=	51.94

Digital Workforce Services'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
=	( (0.971	+	1.438)	/	2 )	/	6.093	*	365 / 2
=	1.2045					/	6.093	*	365 / 2
=	36.08

Digital Workforce Services Days Payable Related Terms

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Digital Workforce Services (OHEL:DWF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Workforce Services PLC (OHEL:DWF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mechelininkatu 1 a, Helsinki, FIN, 00180

Website

https://www.digitalworkforce.com

Digital Workforce Services PLC is a trusted advisor and a globally independent provider of services in Robotic Process Automation (RPA) and intelligent automation on an industrial scale, including cloud-based, pay-per-use services. The Geographic area of the company is Finland, Sweden, Norway, Denmark, Poland, and others, the majority of the revenue comes from Finland.

Digital Workforce Services (OHEL:DWF) Headlines

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