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4C Group AB (OSTO:4C) Days Payable : 16.66 (As of Mar. 2024)


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What is 4C Group AB Days Payable?

4C Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr10.9 Mil. 4C Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr59.5 Mil. Hence, 4C Group AB's Days Payable for the three months ended in Mar. 2024 was 16.66.

The historical rank and industry rank for 4C Group AB's Days Payable or its related term are showing as below:

OSTO:4C' s Days Payable Range Over the Past 10 Years
Min: 9.32   Med: 12.94   Max: 17.43
Current: 16.51

During the past 5 years, 4C Group AB's highest Days Payable was 17.43. The lowest was 9.32. And the median was 12.94.

OSTO:4C's Days Payable is ranked worse than
84.2% of 2531 companies
in the Software industry
Industry Median: 50.16 vs OSTO:4C: 16.51

4C Group AB's Days Payable increased from Mar. 2023 (16.28) to Mar. 2024 (16.66). It may suggest that 4C Group AB delayed paying its suppliers.


4C Group AB Days Payable Historical Data

The historical data trend for 4C Group AB'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.

4C Group AB Days Payable Chart

4C Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
12.94 9.32 12.28 16.00 17.43

4C Group AB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.28 15.37 16.79 17.12 16.66

Competitive Comparison of 4C Group AB's Days Payable

For the Software - Infrastructure subindustry, 4C Group AB'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.


4C Group AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, 4C Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where 4C Group AB's Days Payable falls into.



4C Group AB 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.

4C Group AB'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
=( (9.092 + 10.815) / 2 ) / 208.465*365
=9.9535 / 208.465*365
=17.43

4C Group AB'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
=( (10.815 + 10.906) / 2 ) / 59.477*365 / 4
=10.8605 / 59.477*365 / 4
=16.66

* 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.


4C Group AB Days Payable Related Terms

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4C Group AB (OSTO:4C) Business Description

Traded in Other Exchanges
N/A
Address
Vattugatan 17, Stockholm, SWE, 111 52
4C Group AB is engaged in providing software solutions and services for organizational readiness, training, and crisis management. It provides its solutions mainly to customers in mission-critical environments such as defense forces, public organizations, and companies in the corporate sector that need managing risks and training for sudden and critical events. Geographically the company generates the majority of its revenue from the United States and also operates in Sweden, the United Kingdom, and the Rest of the world.

4C Group AB (OSTO:4C) Headlines

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