Olav Thon Eiendomsselskap (OSL:OLT) Days Payable : 37.71 (As of Sep. 2024)

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What is Olav Thon Eiendomsselskap Days Payable?

Olav Thon Eiendomsselskap's average Accounts Payable for the three months ended in Sep. 2024 was kr141 Mil. Olav Thon Eiendomsselskap's Cost of Goods Sold for the three months ended in Sep. 2024 was kr340 Mil. Hence, Olav Thon Eiendomsselskap's Days Payable for the three months ended in Sep. 2024 was 37.71.

The historical rank and industry rank for Olav Thon Eiendomsselskap's Days Payable or its related term are showing as below:

OSL:OLT' s Days Payable Range Over the Past 10 Years
Min: 35.9 Med: 51.62 Max: 302.11
Current: 35.9

During the past 13 years, Olav Thon Eiendomsselskap's highest Days Payable was 302.11. The lowest was 35.90. And the median was 51.62.

OSL:OLT's Days Payable is ranked worse than
76.88% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs OSL:OLT: 35.90

Olav Thon Eiendomsselskap's Days Payable increased from Sep. 2023 (36.76) to Sep. 2024 (37.71). It may suggest that Olav Thon Eiendomsselskap delayed paying its suppliers.

Olav Thon Eiendomsselskap Days Payable Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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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Olav Thon Eiendomsselskap Days Payable Chart

Olav Thon Eiendomsselskap Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.85

38.03

302.11

256.59

36.55

Olav Thon Eiendomsselskap Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															36.76	28.72	39.56	47.37	37.71

Competitive Comparison of Olav Thon Eiendomsselskap's Days Payable

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's Days Payable distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's Days Payable falls into.

Olav Thon Eiendomsselskap 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.

Olav Thon Eiendomsselskap'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
=	( (139	+	157)	/	2 )	/	1478	*	365
=	148					/	1478	*	365
=	36.55

Olav Thon Eiendomsselskap's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (164	+	117)	/	2 )	/	340	*	365 / 4
=	140.5					/	340	*	365 / 4
=	37.71

Olav Thon Eiendomsselskap Days Payable Related Terms

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Olav Thon Eiendomsselskap Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Olav Thon Eiendomsselskap (OSL:OLT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0FHP:UK

Address

Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105

Website

https://www.olt.no

Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap Headlines

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