Merus Power Oyj (OHEL:MERUS) Days Payable : 150.66 (As of Jun. 2024)

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What is Merus Power Oyj Days Payable?

Merus Power Oyj's average Accounts Payable for the six months ended in Jun. 2024 was €2.39 Mil. Merus Power Oyj's Cost of Goods Sold for the six months ended in Jun. 2024 was €2.89 Mil. Hence, Merus Power Oyj's Days Payable for the six months ended in Jun. 2024 was 150.66.

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

OHEL:MERUS' s Days Payable Range Over the Past 10 Years
Min: 43.15 Med: 58.93 Max: 178.43
Current: 107.24

During the past 6 years, Merus Power Oyj's highest Days Payable was 178.43. The lowest was 43.15. And the median was 58.93.

OHEL:MERUS's Days Payable is ranked better than
65.76% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs OHEL:MERUS: 107.24

Merus Power Oyj's Days Payable increased from Jun. 2023 (91.65) to Jun. 2024 (150.66). It may suggest that Merus Power Oyj delayed paying its suppliers.

Merus Power Oyj Days Payable Historical Data

The historical data trend for Merus Power 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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Merus Power Oyj Days Payable Chart

Merus Power Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.84

63.01

43.15

178.43

103.71

Merus Power Oyj Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial						98.85	128.38	91.65	88.27	150.66

Competitive Comparison of Merus Power Oyj's Days Payable

For the Specialty Industrial Machinery subindustry, Merus Power 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.

Merus Power Oyj's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Days Payable distribution charts can be found below:

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

Merus Power 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.

Merus Power 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
=	( (5.317	+	2.73)	/	2 )	/	14.16	*	365
=	4.0235					/	14.16	*	365
=	103.71

Merus Power Oyj's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2.73	+	2.04)	/	2 )	/	2.889	*	365 / 2
=	2.385					/	2.889	*	365 / 2
=	150.66

Merus Power Oyj Days Payable Related Terms

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Merus Power Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Merus Power Oyj (OHEL:MERUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Pallotie 2, Ylojarvi, FIN, 33470

Website

https://www.meruspower.fi

Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

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