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SAV-Rahoitus Oyj (OHEL:SAV1V) Days Payable : 9.12 (As of Jun. 2014)


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What is SAV-Rahoitus Oyj Days Payable?

SAV-Rahoitus Oyj's average Accounts Payable for the six months ended in Jun. 2014 was €0.06 Mil. SAV-Rahoitus Oyj's Cost of Goods Sold for the six months ended in Jun. 2014 was €2.48 Mil. Hence, SAV-Rahoitus Oyj's Days Payable for the six months ended in Jun. 2014 was 4.56.

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

OHEL:SAV1V's Days Payable is not ranked *
in the Banks industry.
Industry Median: 54.77
* Ranked among companies with meaningful Days Payable only.

SAV-Rahoitus Oyj's Days Payable declined from Jun. 2012 (15.35) to Jun. 2014 (9.12). It may suggest that SAV-Rahoitus Oyj accelerated paying its suppliers.


SAV-Rahoitus Oyj Days Payable Historical Data

The historical data trend for SAV-Rahoitus 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.

* Premium members only.

SAV-Rahoitus Oyj Days Payable Chart

SAV-Rahoitus Oyj Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Days Payable
Get a 7-Day Free Trial 7.87 21.67 15.35 109.73 9.12

SAV-Rahoitus Oyj Semi-Annual Data
Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Days Payable Get a 7-Day Free Trial 7.87 21.67 15.35 109.73 9.12

Competitive Comparison of SAV-Rahoitus Oyj's Days Payable

For the Mortgage Finance subindustry, SAV-Rahoitus 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.


SAV-Rahoitus Oyj's Days Payable Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SAV-Rahoitus Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where SAV-Rahoitus Oyj's Days Payable falls into.



SAV-Rahoitus 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.

SAV-Rahoitus Oyj's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Payable (A: Jun. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2013 ) + Accounts Payable (A: Jun. 2014 )) / count ) / Cost of Goods Sold (A: Jun. 2014 )*Days in Period
=( (0.096 + 0.028) / 2 ) / 2.481*365
=0.062 / 2.481*365
=9.12

SAV-Rahoitus Oyj's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable (Q: Jun. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2013 ) + Accounts Payable (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (0.096 + 0.028) / 2 ) / 2.481*365 / 2
=0.062 / 2.481*365 / 2
=4.56

* 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.


SAV-Rahoitus Oyj Days Payable Related Terms

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SAV-Rahoitus Oyj (OHEL:SAV1V) Business Description

Traded in Other Exchanges
N/A
Address
Savoy-Pankki Oyj is engaged in providing a loan against the vehicle for private individuals. It offers financing solution for consumers directly or indirectly through vehicle resellers.

SAV-Rahoitus Oyj (OHEL:SAV1V) Headlines

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