Netum Group Oyj (OHEL:NETUM) Days Payable : 0.00 (As of Dec. 2023)

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What is Netum Group Oyj Days Payable?

Netum Group Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €0.83 Mil. Netum Group Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €-13.00 Mil.

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

OHEL:NETUM' s Days Payable Range Over the Past 10 Years
Min: 83.94 Med: 240.24 Max: 983.08
Current: 379.73

During the past 6 years, Netum Group Oyj's highest Days Payable was 983.08. The lowest was 83.94. And the median was 240.24.

OHEL:NETUM's Days Payable is ranked better than
91.52% of 2523 companies
in the Software industry
Industry Median: 49.74 vs OHEL:NETUM: 379.73

Netum Group Oyj's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Netum Group Oyj Days Payable Historical Data

The historical data trend for Netum 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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Netum Group Oyj Days Payable Chart

Netum Group Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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122.31

83.94

983.08

495.46

358.16

Netum Group Oyj Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					-	10.83	-	11.71	-

Competitive Comparison of Netum Group Oyj's Days Payable

For the Information Technology Services subindustry, Netum 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.

Netum Group Oyj's Days Payable Distribution in the Software Industry

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

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

Netum 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.

Netum 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
=	( (0.843	+	0.729)	/	2 )	/	0.801	*	365
=	0.786					/	0.801	*	365
=	358.16

Netum 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
=	( (0.928	+	0.729)	/	2 )	/	-12.997	*	365 / 2
=	0.8285					/	-12.997	*	365 / 2
=	N/A

Netum Group Oyj Days Payable Related Terms

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Netum Group Oyj (OHEL:NETUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Netum Group Oyj (OHEL:NETUM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yliopistonkatu 58 B, Tampere, FIN, 33100

Website

https://www.netum.fi

Netum Group Oyj is a fast-growing information technology service house. The company serves public administration and corporate customers with the legacy to digi concept, which combines existing traditional information technology solutions with the latest digital applications. Netum's services include digital services development, system continuity services, data and analysis services, integration services, cyber security services and management consulting services. Geographically, the majority is from Finland.

Netum Group Oyj (OHEL:NETUM) Headlines

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