Flat Capital AB (OSTO:FLAT B) Days Payable : 38.47 (As of Mar. 2024)

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What is Flat Capital AB Days Payable?

Flat Capital AB's average Accounts Payable for the three months ended in Mar. 2024 was kr0.27 Mil. Flat Capital AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.64 Mil. Hence, Flat Capital AB's Days Payable for the three months ended in Mar. 2024 was 38.47.

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

OSTO:FLAT B' s Days Payable Range Over the Past 10 Years
Min: 23.41 Med: 30.96 Max: 118.73
Current: 96.78

During the past 5 years, Flat Capital AB's highest Days Payable was 118.73. The lowest was 23.41. And the median was 30.96.

OSTO:FLAT B's Days Payable is ranked better than
57.3% of 466 companies
in the Asset Management industry
Industry Median: 74.64 vs OSTO:FLAT B: 96.78

Flat Capital AB's Days Payable increased from Mar. 2023 (26.29) to Mar. 2024 (38.47). It may suggest that Flat Capital AB delayed paying its suppliers.

Flat Capital AB Days Payable Historical Data

The historical data trend for Flat Capital 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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Flat Capital AB Days Payable Chart

Flat Capital AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

118.73

23.41

30.96

Flat Capital AB Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											26.29	11.29	258.06	-	38.47

Competitive Comparison of Flat Capital AB's Days Payable

For the Asset Management subindustry, Flat Capital 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.

Flat Capital AB's Days Payable Distribution in the Asset Management Industry

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

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

Flat Capital 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.

Flat Capital 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
=	( (0.066	+	0.425)	/	2 )	/	2.894	*	365
=	0.2455					/	2.894	*	365
=	30.96

Flat Capital 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
=	( (0.425	+	0.118)	/	2 )	/	0.644	*	365 / 4
=	0.2715					/	0.644	*	365 / 4
=	38.47

Flat Capital AB Days Payable Related Terms

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Flat Capital AB (OSTO:FLAT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flat Capital AB (OSTO:FLAT B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

87I:Germany

Address

Nybrogatan 6, Stockholm, SWE, 114 34

Website

https://www.flatcapital.com

Flat Capital AB is an investment company that focuses on companies with prominent entrepreneurs in various positions. Its view is to simplify and improve the path to company building and give more people the opportunity to benefit from shared maximum returns.

Flat Capital AB (OSTO:FLAT B) Headlines

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