Clavister Holding AB (OSTO:CLAV) Days Payable : 141.86 (As of Mar. 2024)

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What is Clavister Holding AB Days Payable?

Clavister Holding AB's average Accounts Payable for the three months ended in Mar. 2024 was kr13.8 Mil. Clavister Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr8.9 Mil. Hence, Clavister Holding AB's Days Payable for the three months ended in Mar. 2024 was 141.86.

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

OSTO:CLAV' s Days Payable Range Over the Past 10 Years
Min: 87.8 Med: 233.86 Max: 965.46
Current: 87.8

During the past 13 years, Clavister Holding AB's highest Days Payable was 965.46. The lowest was 87.80. And the median was 233.86.

OSTO:CLAV's Days Payable is ranked better than
65.64% of 2526 companies
in the Software industry
Industry Median: 49.695 vs OSTO:CLAV: 87.80

Clavister Holding AB's Days Payable declined from Mar. 2023 (173.96) to Mar. 2024 (141.86). It may suggest that Clavister Holding AB accelerated paying its suppliers.

Clavister Holding AB Days Payable Historical Data

The historical data trend for Clavister Holding 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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Clavister Holding AB Days Payable Chart

Clavister Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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112.77

233.86

264.68

134.37

154.02

Clavister Holding 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															173.96	163.87	1,285.39	37.61	141.86

Competitive Comparison of Clavister Holding AB's Days Payable

For the Software - Infrastructure subindustry, Clavister Holding 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.

Clavister Holding AB's Days Payable Distribution in the Software Industry

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

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

Clavister Holding 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.

Clavister Holding 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
=	( (10.234	+	16.725)	/	2 )	/	31.944	*	365
=	13.4795					/	31.944	*	365
=	154.02

Clavister Holding 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
=	( (16.725	+	10.898)	/	2 )	/	8.884	*	365 / 4
=	13.8115					/	8.884	*	365 / 4
=	141.86

Clavister Holding AB Days Payable Related Terms

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Clavister Holding AB (OSTO:CLAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clavister Holding AB (OSTO:CLAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

89P:Germany

Address

Sjogatan 6 J, Ornskoldsvik, SWE, SE-891 60

Website

https://www.clavister.com

Clavister Holding AB is engaged in the development, production, and sales of network security solutions within the field of cybersecurity. The company's solutions are based on proprietary, high-performance software. Its products include network security, device security, identity, and access management, cloud services, and management and security analysis. The clients range from the public to the private sector all over the world. Its operations are spread across Sweden, Asia, the Rest of Europe, and the Rest of the world with the majority of the revenue deriving from Sweden.

Clavister Holding AB (OSTO:CLAV) Headlines

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