Cint Group AB (OSTO:CINT) Days Payable : 983.19 (As of Sep. 2024)

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What is Cint Group AB Days Payable?

Cint Group AB's average Accounts Payable for the three months ended in Sep. 2024 was kr620 Mil. Cint Group AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr58 Mil. Hence, Cint Group AB's Days Payable for the three months ended in Sep. 2024 was 983.19.

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

OSTO:CINT' s Days Payable Range Over the Past 10 Years
Min: 39.49 Med: 83.04 Max: 153.03
Current: 153.03

During the past 7 years, Cint Group AB's highest Days Payable was 153.03. The lowest was 39.49. And the median was 83.04.

OSTO:CINT's Days Payable is ranked better than
79.47% of 2523 companies
in the Software industry
Industry Median: 48.75 vs OSTO:CINT: 153.03

Cint Group AB's Days Payable increased from Sep. 2023 (187.35) to Sep. 2024 (983.19). It may suggest that Cint Group AB delayed paying its suppliers.

Cint Group AB Days Payable Historical Data

The historical data trend for Cint 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.

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Cint Group AB Days Payable Chart

Cint Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.91

65.22

112.98

100.85

109.95

Cint Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															187.35	43.03	653.63	848.89	983.19

Competitive Comparison of Cint Group AB's Days Payable

For the Software - Application subindustry, Cint 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.

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

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

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

Cint 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.

Cint 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
=	( (725.086	+	480.317)	/	2 )	/	2000.858	*	365
=	602.7015					/	2000.858	*	365
=	109.95

Cint Group AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (646.525	+	593.361)	/	2 )	/	57.537	*	365 / 4
=	619.943					/	57.537	*	365 / 4
=	983.19

Cint Group AB Days Payable Related Terms

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Cint Group AB Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

8QX:Germany

Address

Luntmakargatan 18, 1tr, Stockholm, SWE, 111 37

Website

https://www.cint.com

Cint Group AB is engaged in digital insights gathering of consumer insights. The software platform helps its customer segments in two ways. For its established insight company segment, it digitalizes the insights-gathering process and for the tech-enabled business segment, it provides unprecedented audience scale.