Cedergrenska AB (OSTO:CEDER) Days Payable : 15.85 (As of Dec. 2023)

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What is Cedergrenska AB Days Payable?

Cedergrenska AB's average Accounts Payable for the three months ended in Dec. 2023 was kr27.2 Mil. Cedergrenska AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr156.3 Mil. Hence, Cedergrenska AB's Days Payable for the three months ended in Dec. 2023 was 15.85.

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

OSTO:CEDER' s Days Payable Range Over the Past 10 Years
Min: 14.66 Med: 19.97 Max: 22.5
Current: 14.93

During the past 5 years, Cedergrenska AB's highest Days Payable was 22.50. The lowest was 14.66. And the median was 19.97.

OSTO:CEDER's Days Payable is ranked worse than
71.83% of 213 companies
in the Education industry
Industry Median: 37.29 vs OSTO:CEDER: 14.93

Cedergrenska AB's Days Payable increased from Dec. 2022 (15.20) to Dec. 2023 (15.85). It may suggest that Cedergrenska AB delayed paying its suppliers.

Cedergrenska AB Days Payable Historical Data

The historical data trend for Cedergrenska 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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Cedergrenska AB Days Payable Chart

Cedergrenska AB Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

22.50

16.73

22.28

19.97

14.66

Cedergrenska AB Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												15.20	15.08	13.12	15.23	15.85

Competitive Comparison of Cedergrenska AB's Days Payable

For the Education & Training Services subindustry, Cedergrenska 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.

Cedergrenska AB's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cedergrenska AB's Days Payable distribution charts can be found below:

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

Cedergrenska 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.

Cedergrenska AB's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (27.096	+	23.573)	/	2 )	/	630.926	*	365
=	25.3345					/	630.926	*	365
=	14.66

Cedergrenska AB'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (28.37	+	25.941)	/	2 )	/	156.317	*	365 / 4
=	27.1555					/	156.317	*	365 / 4
=	15.85

Cedergrenska AB Days Payable Related Terms

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Cedergrenska AB (OSTO:CEDER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cedergrenska AB (OSTO:CEDER) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsvagen 2, Cedergrenska tower, Stocksund, SWE, 182 79

Website

https://www.cedergrenska.se

Cedergrenska AB is an education group that conducts education of the highest quality for children and students from preschool to post-secondary education.

Cedergrenska AB (OSTO:CEDER) Headlines

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