Oceanteam ASA (OSL:OTS) Days Payable : 26.67 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Oceanteam ASA Days Payable?

Oceanteam ASA's average Accounts Payable for the six months ended in Dec. 2023 was kr0.28 Mil. Oceanteam ASA's Cost of Goods Sold for the six months ended in Dec. 2023 was kr1.91 Mil. Hence, Oceanteam ASA's Days Payable for the six months ended in Dec. 2023 was 26.67.

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

OSL:OTS' s Days Payable Range Over the Past 10 Years
Min: 24.29 Med: 151.96 Max: 380.2
Current: 24.9

During the past 13 years, Oceanteam ASA's highest Days Payable was 380.20. The lowest was 24.29. And the median was 151.96.

OSL:OTS's Days Payable is ranked worse than
73.71% of 928 companies
in the Transportation industry
Industry Median: 38.995 vs OSL:OTS: 24.90

Oceanteam ASA's Days Payable declined from Dec. 2022 (157.25) to Dec. 2023 (26.67). It may suggest that Oceanteam ASA accelerated paying its suppliers.

Oceanteam ASA Days Payable Historical Data

The historical data trend for Oceanteam 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.

* Premium members only.

Oceanteam ASA Days Payable Chart

Oceanteam ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

69.42

217.32

380.20

149.03

24.29

Oceanteam ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															-	279.38	157.25	24.82	26.67

Competitive Comparison of Oceanteam ASA's Days Payable

For the Marine Shipping subindustry, Oceanteam 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.

Oceanteam ASA's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Oceanteam ASA's Days Payable distribution charts can be found below:

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

Oceanteam 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.

Oceanteam 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
=	( (0.701	+	0.105)	/	2 )	/	6.055	*	365
=	0.403					/	6.055	*	365
=	24.29

Oceanteam ASA'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
=	( (0.453	+	0.105)	/	2 )	/	1.909	*	365 / 2
=	0.279					/	1.909	*	365 / 2
=	26.67

Oceanteam ASA Days Payable Related Terms

Thank you for viewing the detailed overview of Oceanteam ASA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Oceanteam ASA (OSL:OTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Oceanteam ASA (OSL:OTS) » Definitions » Days Payable

Traded in Other Exchanges

H2J:Germany

Address

Strandveien 15, Lysaker, Baerum, NOR, 1366

Website

https://www.oceanteam.nl

Oceanteam ASA is an investment platform for marine and offshore assets with a particular focus on the energy transition. The company operates in a single segment which is Oceanteam ASA which provides management services to Oceanteam group companies.

Oceanteam ASA (OSL:OTS) Headlines

No Headlines