Cambi ASA (OSL:CAMBI) Days Payable : 51.14 (As of Mar. 2024)

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What is Cambi ASA Days Payable?

Cambi ASA's average Accounts Payable for the three months ended in Mar. 2024 was kr56.6 Mil. Cambi ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr101.0 Mil. Hence, Cambi ASA's Days Payable for the three months ended in Mar. 2024 was 51.14.

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

OSL:CAMBI' s Days Payable Range Over the Past 10 Years
Min: 34.15 Med: 41.54 Max: 58.36
Current: 34.15

During the past 7 years, Cambi ASA's highest Days Payable was 58.36. The lowest was 34.15. And the median was 41.54.

OSL:CAMBI's Days Payable is ranked worse than
73.66% of 224 companies
in the Waste Management industry
Industry Median: 72.98 vs OSL:CAMBI: 34.15

Cambi ASA's Days Payable increased from Mar. 2023 (34.08) to Mar. 2024 (51.14). It may suggest that Cambi ASA delayed paying its suppliers.

Cambi ASA Days Payable Historical Data

The historical data trend for Cambi ASA'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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Cambi ASA Days Payable Chart

Cambi ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.36

41.54

39.51

49.30

35.65

Cambi ASA Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															34.08	-	-	36.94	51.14

Competitive Comparison of Cambi ASA's Days Payable

For the Waste Management subindustry, Cambi ASA'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.

Cambi ASA's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cambi ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Cambi ASA's Days Payable falls into.

Cambi ASA 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.

Cambi ASA'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
=	( (30.4	+	56.6)	/	2 )	/	445.4	*	365
=	43.5					/	445.4	*	365
=	35.65

Cambi ASA's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (56.6	+	0)	/	1 )	/	101	*	365 / 4
=	56.6					/	101	*	365 / 4
=	51.14

Cambi ASA Days Payable Related Terms

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Cambi ASA (OSL:CAMBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cambi ASA (OSL:CAMBI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3W7:Germany

Address

Skysstasjon 11A, Asker, NOR, 1383

Website

https://www.cambi.com

Cambi ASA is a provider of thermal hydrolysis, anaerobic digestion, and biogas solutions for sewage sludge and organic waste management. The services of the company include Engineering Design, Installation, Sample Testing, Commissioning, and Digester Ramp-Up among others. It operates through the business segments: Cambi Group, which is focused on developing and marketing the THP technology; and Cambi Invest, the company's expansion arm tackling acquisitions and investment opportunities.

Cambi ASA (OSL:CAMBI) Headlines

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