GURUFOCUS.COM » STOCK LIST » Technology » Software » Anoto Group AB (OSTO:ANOT) » Definitions » Days Payable

Anoto Group AB (OSTO:ANOT) Days Payable : 463.75 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Anoto Group AB Days Payable?

Anoto Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr22.03 Mil. Anoto Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr4.33 Mil. Hence, Anoto Group AB's Days Payable for the three months ended in Mar. 2024 was 463.75.

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

OSTO:ANOT' s Days Payable Range Over the Past 10 Years
Min: 135.03   Med: 279.39   Max: 731.25
Current: 692.41

During the past 13 years, Anoto Group AB's highest Days Payable was 731.25. The lowest was 135.03. And the median was 279.39.

OSTO:ANOT's Days Payable is ranked better than
94.26% of 2526 companies
in the Software industry
Industry Median: 49.695 vs OSTO:ANOT: 692.41

Anoto Group AB's Days Payable declined from Mar. 2023 (1,113.87) to Mar. 2024 (463.75). It may suggest that Anoto Group AB accelerated paying its suppliers.


Anoto Group AB Days Payable Historical Data

The historical data trend for Anoto 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.

Anoto Group AB Days Payable Chart

Anoto Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.68 373.78 369.35 554.67 731.25

Anoto Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,113.87 - - 364.77 463.75

Competitive Comparison of Anoto Group AB's Days Payable

For the Software - Infrastructure subindustry, Anoto 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.


Anoto Group AB's Days Payable Distribution in the Software Industry

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

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



Anoto 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.

Anoto 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
=( (41.979 + 22.026) / 2 ) / 15.974*365
=32.0025 / 15.974*365
=731.25

Anoto 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
=( (22.026 + 0) / 1 ) / 4.334*365 / 4
=22.026 / 4.334*365 / 4
=463.75

* 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.


Anoto Group AB Days Payable Related Terms

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


Anoto Group AB (OSTO:ANOT) Business Description

Traded in Other Exchanges
N/A
Address
Flaggan 1165, Stockholm, SWE, 116 74
Anoto Group AB is a technology company specializes in digital writing and drawing solutions. The company is organized into the following business units - Enterprise Solutions and Licensing which focuses on systems, products, and services that target businesses, primarily in the field of forms processing, document management, and signature capture, Livescribe, Knowledge AI, and OEM Business. The company generates revenues from mainly product sales but also from licenses and royalties in multiple geographies. It offers a broad portfolio of products, applications, and services to business, consumer, and education markets, including digital note-taking, creative solutions, collaborative solutions, classroom learning solutions, and document processing and management.

Anoto Group AB (OSTO:ANOT) Headlines

No Headlines