Hynion AS (OSL:HYN) Days Payable: 715.43 (As of Jun. 2024)


What is Hynion AS Days Payable?

Hynion AS OSL:HYN Days Payable is 715.43 as of Jun. 2024.

Hynion AS's average Accounts Payable for the six months ended in Jun. 2024 was kr8.54 Mil. Hynion AS's Cost of Goods Sold for the six months ended in Jun. 2024 was kr2.18 Mil. Hence, Hynion AS's Days Payable for the six months ended in Jun. 2024 was 715.43.

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

OSL:HYN's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.625
* Ranked among companies with meaningful Days Payable only.

Hynion AS's Days Payable increased from Jun. 2023 (87.63) to Jun. 2024 (715.43). It may suggest that Hynion AS delayed paying its suppliers.

Hynion AS Days Payable Historical Data

* Premium members only.

The historical data trend for Hynion AS'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.

Hynion AS Days Payable Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
271.11 45.01 137.16 118.00 153.64

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only 134.89 64.36 87.63 182.05 715.43

OSL:HYN vs TSCO, WSM, ULTA: Days Payable Comparison

For the Specialty Retail subindustry, Hynion AS'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.

Hynion AS Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Hynion AS's Days Payable falls into.


Hynion AS 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.

Hynion AS'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
=( (2.063 + 3.527) / 2 ) / 6.64*365
=2.795 / 6.64*365
=153.64

Hynion AS'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
=( (3.527 + 13.557) / 2 ) / 2.179*365 / 2
=8.542 / 2.179*365 / 2
=715.43

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 715.43 mean?
Hynion AS (OSL:HYN) has a Days Payable of 715.43 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hynion AS and its competitors.
Is Hynion AS's Days Payable too high?
Hynion AS's current Days Payable is 715.43. The Retail - Cyclical industry median Days Payable is 51.63. Hynion AS's value of 715.43 is 1285.8% above this industry median.
How does Hynion AS's Days Payable compare to TSCO and WSM?
Hynion AS's Days Payable of 715.43 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.63. Hynion AS's value of 715.43 is 1285.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hynion AS's current Days Payable of 715.43 is 1285.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hynion AS and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hynion AS's current Days Payable is 715.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) has a current Days Payable of 715.43. The current Days Payable is 715.43 and 1285.8% above the Retail - Cyclical industry median of 51.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Hynion AS (OSL:HYN), the current Days Payable is 715.43 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.