Green Landscaping Group AB (OSTO:GREEN) Days Payable : 57.10 (As of Mar. 2024)

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What is Green Landscaping Group AB Days Payable?

Green Landscaping Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr393 Mil. Green Landscaping Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr628 Mil. Hence, Green Landscaping Group AB's Days Payable for the three months ended in Mar. 2024 was 57.10.

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

OSTO:GREEN' s Days Payable Range Over the Past 10 Years
Min: 47.82 Med: 70.98 Max: 113.58
Current: 51.15

During the past 9 years, Green Landscaping Group AB's highest Days Payable was 113.58. The lowest was 47.82. And the median was 70.98.

OSTO:GREEN's Days Payable is ranked better than
52.74% of 929 companies
in the Business Services industry
Industry Median: 46.77 vs OSTO:GREEN: 51.15

Green Landscaping Group AB's Days Payable declined from Mar. 2023 (61.39) to Mar. 2024 (57.10). It may suggest that Green Landscaping Group AB accelerated paying its suppliers.

Green Landscaping Group AB Days Payable Historical Data

The historical data trend for Green Landscaping Group 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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Green Landscaping Group AB Days Payable Chart

Green Landscaping Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.98

68.33

52.35

47.82

52.79

Green Landscaping Group 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															61.39	-	-	46.76	57.10

Competitive Comparison of Green Landscaping Group AB's Days Payable

For the Specialty Business Services subindustry, Green Landscaping Group 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.

Green Landscaping Group AB's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Green Landscaping Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Green Landscaping Group AB's Days Payable falls into.

Green Landscaping Group 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.

Green Landscaping Group 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
=	( (366	+	393)	/	2 )	/	2624	*	365
=	379.5					/	2624	*	365
=	52.79

Green Landscaping Group 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
=	( (393	+	0)	/	1 )	/	628	*	365 / 4
=	393					/	628	*	365 / 4
=	57.10

Green Landscaping Group AB Days Payable Related Terms

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Green Landscaping Group AB (OSTO:GREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Green Landscaping Group AB (OSTO:GREEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2WN:Germany

Address

Biblioteksgatan 25, Stockholm, SWE, 114 35

Website

https://www.greenlandscapinggroup.se

Green Landscaping Group AB is engaged in maintenance and planning of outdoor environments such as green areas, parks, courtyards, tree care and sports facilities. The service areas it is involved in are landscaping and construction and ground maintenance. During winter, it also offers snow and ice removal. The Group is gathered under six geographic segments: Region South, Region Mid, Region Stockholm, Region North, Region Norway and Region Finland and other.

Green Landscaping Group AB (OSTO:GREEN) Headlines

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