Athanase Innovation AB (OSTO:ATIN) Days Payable: 0.00 (As of Dec. 2020)


OSTO:ATIN Athanase Innovation AB OSTO:ATIN
26 GF Score
Price kr18.30
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What is Athanase Innovation AB Days Payable?

Athanase Innovation AB OSTO:ATIN +1.67% 26 Days Payable is 0.00 as of Dec. 2020. GuruFocus rates OSTO:ATIN with a GF Score™ of 26/100.

Athanase Innovation AB's average Accounts Payable for the six months ended in Dec. 2020 was kr0.18 Mil. Athanase Innovation AB's Cost of Goods Sold for the six months ended in Dec. 2020 was kr0.00 Mil.

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

OSTO:ATIN's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 70.53
* Ranked among companies with meaningful Days Payable only.

Athanase Innovation AB's Days Payable stayed the same from Dec. 2019 (0.00) to Dec. 2020 (0.00).

Athanase Innovation AB Days Payable Historical Data

* Premium members only.

The historical data trend for Athanase Innovation 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.

Athanase Innovation AB Days Payable Chart

Athanase Innovation AB Annual Data
Trend Jun17 Jun18 Jun19
Days Payable
0.00 2,507.37 12.77

Athanase Innovation AB Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
Days Payable Get a 7-Day Free Trial 13.52 0.55 0.00 0.00 0.00

OSTO:ATIN vs EVG, SMM, NHS: Days Payable Comparison

For the Asset Management subindustry, Athanase Innovation 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.

Athanase Innovation AB Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Athanase Innovation AB's Days Payable distribution charts can be found below:

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


OSTO:ATIN
26GF Score
Athanase Innovation AB OSTO:ATIN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Athanase Innovation 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.

Athanase Innovation AB's Days Payable for the fiscal year that ended in Jun. 2019 is calculated as

Days Payable (A: Jun. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2018 ) + Accounts Payable (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (0.063 + 0.002) / 2 ) / 0.929*365
=0.0325 / 0.929*365
=12.77

Athanase Innovation AB's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (0.015 + 0.337) / 2 ) / 0*365 / 2
=0.176 / 0*365 / 2
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Athanase Innovation AB (OSTO:ATIN) has a Days Payable of 0.00 as of Dec. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Athanase Innovation AB and its competitors.
Is Athanase Innovation AB's Days Payable too high?
Athanase Innovation AB's current Days Payable is 0.00. Overall, Athanase Innovation AB has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Athanase Innovation AB's Days Payable compare to EVG and SMM?
Athanase Innovation AB's Days Payable of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Athanase Innovation AB and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athanase Innovation AB's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athanase Innovation AB stock overvalued right now?
Athanase Innovation AB (OSTO:ATIN) has a current Days Payable of 0.00. The current Days Payable is 0.00. Athanase Innovation AB's overall GF Score™ is 26/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Athanase Innovation AB (OSTO:ATIN), the current Days Payable is 0.00 as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Athanase Innovation AB Business Description

Address Birger Jarlsgatan 6, Sverige, Stockholm, SWE, 114 34
Athanase Innovation AB is an alternative investment firm with exposure to both private and public equity. It invests in innovative companies that benefit from trends such as robotics, digitalization, and automation. The principal revenue stream is initially management fees charged on the external fund capital and investment income of the underlying assets.
26GF Score

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kr18.30
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