AddLife AB (OSTO:ALIF B) Days Payable : 55.88 (As of Mar. 2024)

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What is AddLife AB Days Payable?

AddLife AB's average Accounts Payable for the three months ended in Mar. 2024 was kr981 Mil. AddLife AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,602 Mil. Hence, AddLife AB's Days Payable for the three months ended in Mar. 2024 was 55.88.

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

OSTO:ALIF B' s Days Payable Range Over the Past 10 Years
Min: 39.17 Med: 51.96 Max: 64.03
Current: 57.44

During the past 11 years, AddLife AB's highest Days Payable was 64.03. The lowest was 39.17. And the median was 51.96.

OSTO:ALIF B's Days Payable is ranked worse than
61.37% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 72.72 vs OSTO:ALIF B: 57.44

AddLife AB's Days Payable declined from Mar. 2023 (57.04) to Mar. 2024 (55.88). It may suggest that AddLife AB accelerated paying its suppliers.

AddLife AB Days Payable Historical Data

The historical data trend for AddLife 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.

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AddLife AB Days Payable Chart

AddLife AB Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.43

52.58

51.34

56.55

58.11

AddLife AB Quarterly Data
	Jun19	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															57.04	-	-	55.09	55.88

Competitive Comparison of AddLife AB's Days Payable

For the Medical Instruments & Supplies subindustry, AddLife 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.

AddLife AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AddLife AB's Days Payable distribution charts can be found below:

* The bar in red indicates where AddLife AB's Days Payable falls into.

AddLife 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.

AddLife 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
=	( (957	+	981)	/	2 )	/	6086	*	365
=	969					/	6086	*	365
=	58.11

AddLife 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
=	( (981	+	0)	/	1 )	/	1602	*	365 / 4
=	981					/	1602	*	365 / 4
=	55.88

AddLife AB Days Payable Related Terms

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AddLife AB (OSTO:ALIF B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AddLife AB (OSTO:ALIF B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1AD1:Germany

Address

Brunkebergstorg 5, Box 3145, Stockholm, SWE, 103 62

Website

https://www.add.life

AddLife AB is engaged in the business of providing products, services, and advisory services. The company operates in Labtech and Medtech segments. The Labtech segment, which accounts for the majority of the company revenue, provides analytical instruments, equipment, microscopes, consumables, and reagents, as well as software support and technical service. The Medtech segment includes products related to surgery, thoracic medicine, neurology, wound care, anesthesia, intensive care, ear, nose and throat, ostomies, and home healthcare. AddLife mainly caters to hospitals & laboratories within healthcare, research, colleges, and universities, as well as the food and pharmaceutical industries. Its geographical segments are Sweden, Denmark, Finland, Norway, and Other countries.

AddLife AB (OSTO:ALIF B) Headlines

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