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LeadDesk Oyj (OHEL:LEADD) Days Payable : 83.73 (As of Dec. 2023)


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What is LeadDesk Oyj Days Payable?

LeadDesk Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €1.88 Mil. LeadDesk Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.10 Mil. Hence, LeadDesk Oyj's Days Payable for the six months ended in Dec. 2023 was 83.73.

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

OHEL:LEADD' s Days Payable Range Over the Past 10 Years
Min: 48.97   Med: 76.95   Max: 96.55
Current: 74.28

During the past 8 years, LeadDesk Oyj's highest Days Payable was 96.55. The lowest was 48.97. And the median was 76.95.

OHEL:LEADD's Days Payable is ranked better than
61.16% of 2523 companies
in the Software industry
Industry Median: 49.5 vs OHEL:LEADD: 74.28

LeadDesk Oyj's Days Payable increased from Dec. 2022 (45.27) to Dec. 2023 (83.73). It may suggest that LeadDesk Oyj delayed paying its suppliers.


LeadDesk Oyj Days Payable Historical Data

The historical data trend for LeadDesk 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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LeadDesk Oyj Days Payable Chart

LeadDesk Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 77.94 75.96 64.50 56.77 48.97

LeadDesk Oyj Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.00 60.02 45.27 90.61 83.73

Competitive Comparison of LeadDesk Oyj's Days Payable

For the Software - Application subindustry, LeadDesk 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.


LeadDesk Oyj's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, LeadDesk Oyj's Days Payable distribution charts can be found below:

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



LeadDesk 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.

LeadDesk 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
=( (0.931 + 1.131) / 2 ) / 7.685*365
=1.031 / 7.685*365
=48.97

LeadDesk 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
=( (2.63 + 1.131) / 2 ) / 4.099*365 / 2
=1.8805 / 4.099*365 / 2
=83.73

* 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.


LeadDesk Oyj Days Payable Related Terms

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LeadDesk Oyj (OHEL:LEADD) Business Description

Traded in Other Exchanges
N/A
Address
Hameentie 19, Helsinki, FIN, 00500
LeadDesk Oyj offers cloud service for sales and customer-service needs, such as contact centers. The company's major customer industries includes media, security services, energy, telecommunications, financial services, and market research.

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