Generic Sweden AB (OSTO:GENI) Days Payable : 32.02 (As of Mar. 2024)

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What is Generic Sweden AB Days Payable?

Generic Sweden AB's average Accounts Payable for the three months ended in Mar. 2024 was kr11.3 Mil. Generic Sweden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr32.3 Mil. Hence, Generic Sweden AB's Days Payable for the three months ended in Mar. 2024 was 32.02.

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

OSTO:GENI' s Days Payable Range Over the Past 10 Years
Min: 27.69 Med: 39.58 Max: 92.03
Current: 34.97

During the past 13 years, Generic Sweden AB's highest Days Payable was 92.03. The lowest was 27.69. And the median was 39.58.

OSTO:GENI's Days Payable is ranked worse than
61.77% of 2524 companies
in the Software industry
Industry Median: 49.615 vs OSTO:GENI: 34.97

Generic Sweden AB's Days Payable increased from Mar. 2023 (29.67) to Mar. 2024 (32.02). It may suggest that Generic Sweden AB delayed paying its suppliers.

Generic Sweden AB Days Payable Historical Data

The historical data trend for Generic Sweden 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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Generic Sweden AB Days Payable Chart

Generic Sweden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.33

35.43

37.15

42.77

36.39

Generic Sweden 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															29.67	30.93	34.34	44.49	32.02

Competitive Comparison of Generic Sweden AB's Days Payable

For the Software - Application subindustry, Generic Sweden 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.

Generic Sweden AB's Days Payable Distribution in the Software Industry

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

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

Generic Sweden 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.

Generic Sweden 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
=	( (9.357	+	9.24)	/	2 )	/	93.255	*	365
=	9.2985					/	93.255	*	365
=	36.39

Generic Sweden 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
=	( (9.24	+	13.449)	/	2 )	/	32.331	*	365 / 4
=	11.3445					/	32.331	*	365 / 4
=	32.02

Generic Sweden AB Days Payable Related Terms

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Generic Sweden AB (OSTO:GENI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Generic Sweden AB (OSTO:GENI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hangovagen 18, Stockholm, SWE, 115 41

Website

http://www.generic.se

Generic Sweden AB is a technology company providing high-tech messaging services for all applications. The company offers a platform for digital communication services that can be integrated into customers' internal or external communication flow. The services are provided through a Communication Platform as a Service (CPaaS) model. Generic's customers are found in all areas and with a special position in alarms and security, care and e-health as well as e-commerce and logistics.