Rederiaktiebolaget Gotland (OSTO:GOTL B) Days Payable : 51.94 (As of Mar. 2024)

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What is Rederiaktiebolaget Gotland Days Payable?

Rederiaktiebolaget Gotland's average Accounts Payable for the three months ended in Mar. 2024 was kr112 Mil. Rederiaktiebolaget Gotland's Cost of Goods Sold for the three months ended in Mar. 2024 was kr197 Mil. Hence, Rederiaktiebolaget Gotland's Days Payable for the three months ended in Mar. 2024 was 51.94.

The historical rank and industry rank for Rederiaktiebolaget Gotland's Days Payable or its related term are showing as below:

OSTO:GOTL B' s Days Payable Range Over the Past 10 Years
Min: 16.87 Med: 19.78 Max: 30.67
Current: 20.74

During the past 5 years, Rederiaktiebolaget Gotland's highest Days Payable was 30.67. The lowest was 16.87. And the median was 19.78.

OSTO:GOTL B's Days Payable is ranked worse than
80.99% of 931 companies
in the Transportation industry
Industry Median: 39.08 vs OSTO:GOTL B: 20.74

Rederiaktiebolaget Gotland's Days Payable declined from Mar. 2023 (57.87) to Mar. 2024 (51.94). It may suggest that Rederiaktiebolaget Gotland accelerated paying its suppliers.

Rederiaktiebolaget Gotland Days Payable Historical Data

The historical data trend for Rederiaktiebolaget Gotland'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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Rederiaktiebolaget Gotland Days Payable Chart

Rederiaktiebolaget Gotland Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

30.67

16.87

19.78

Rederiaktiebolaget Gotland Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								57.87	56.90	46.14	5.45	51.94

Competitive Comparison of Rederiaktiebolaget Gotland's Days Payable

For the Marine Shipping subindustry, Rederiaktiebolaget Gotland'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.

Rederiaktiebolaget Gotland's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Rederiaktiebolaget Gotland's Days Payable distribution charts can be found below:

* The bar in red indicates where Rederiaktiebolaget Gotland's Days Payable falls into.

Rederiaktiebolaget Gotland 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.

Rederiaktiebolaget Gotland'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
=	( (120.363	+	95.811)	/	2 )	/	1994.87	*	365
=	108.087					/	1994.87	*	365
=	19.78

Rederiaktiebolaget Gotland'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
=	( (95.811	+	128.8)	/	2 )	/	197.3	*	365 / 4
=	112.3055					/	197.3	*	365 / 4
=	51.94

Rederiaktiebolaget Gotland Days Payable Related Terms

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Rederiaktiebolaget Gotland (OSTO:GOTL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rederiaktiebolaget Gotland (OSTO:GOTL B) » Definitions » Days Payable

Traded in Other Exchanges

GOTL A:Sweden

Address

Hamngatan 1, Visby, SWE, 621 22

Website

https://gotlandsbolaget.se

Rederiaktiebolaget Gotland is a shipping Company that operates in Baltic Sea region, runs a hotel business operations and invests in the restructuring of shipping and new technologies.

Rederiaktiebolaget Gotland (OSTO:GOTL B) Headlines

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