Fortinova Fastigheter AB (OSTO:FNOVA B) Days Payable : 35.79 (As of Mar. 2025)

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What is Fortinova Fastigheter AB Days Payable?

Fortinova Fastigheter AB's average Accounts Payable for the three months ended in Mar. 2025 was kr15.1 Mil. Fortinova Fastigheter AB's Cost of Goods Sold for the three months ended in Mar. 2025 was kr38.5 Mil. Hence, Fortinova Fastigheter AB's Days Payable for the three months ended in Mar. 2025 was 35.79.

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

OSTO:FNOVA B' s Days Payable Range Over the Past 10 Years
Min: 30.87 Med: 51.85 Max: 86.27
Current: 37.81

During the past 5 years, Fortinova Fastigheter AB's highest Days Payable was 86.27. The lowest was 30.87. And the median was 51.85.

OSTO:FNOVA B's Days Payable is ranked worse than
77.4% of 1562 companies
in the Real Estate industry
Industry Median: 96.21 vs OSTO:FNOVA B: 37.81

Fortinova Fastigheter AB's Days Payable increased from Mar. 2024 (34.31) to Mar. 2025 (35.79). It may suggest that Fortinova Fastigheter AB delayed paying its suppliers.

Fortinova Fastigheter AB Days Payable Historical Data

The historical data trend for Fortinova Fastigheter 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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Fortinova Fastigheter AB Days Payable Chart

Fortinova Fastigheter AB Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Dec23

Days Payable

46.38

86.27

57.31

30.87

Fortinova Fastigheter AB Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															34.31	-	-	34.36	35.79

Competitive Comparison of Fortinova Fastigheter AB's Days Payable

For the Real Estate Services subindustry, Fortinova Fastigheter 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.

Fortinova Fastigheter AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortinova Fastigheter AB's Days Payable distribution charts can be found below:

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

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Fortinova Fastigheter 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.

Fortinova Fastigheter 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: Aug. 2021 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (7.2	+	14.4)	/	2 )	/	127.7	*	365
=	10.8					/	127.7	*	365
=	30.87

Fortinova Fastigheter AB's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (15.1	+	0)	/	1 )	/	38.5	*	365 / 4
=	15.1					/	38.5	*	365 / 4
=	35.79

Fortinova Fastigheter AB Days Payable Related Terms

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Fortinova Fastigheter AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortinova Fastigheter AB (OSTO:FNOVA B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Norrgatan 10, Varberg, SWE, 432 41

Website

https://www.fortinova.se

Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

Fortinova Fastigheter AB Headlines

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