Jetpak Top Holding AB (publ) (OSTO:JETPAK) Days Payable : 117.46 (As of Jun. 2024)

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What is Jetpak Top Holding AB (publ) Days Payable?

Jetpak Top Holding AB (publ)'s average Accounts Payable for the three months ended in Jun. 2024 was kr81 Mil. Jetpak Top Holding AB (publ)'s Cost of Goods Sold for the three months ended in Jun. 2024 was kr63 Mil. Hence, Jetpak Top Holding AB (publ)'s Days Payable for the three months ended in Jun. 2024 was 117.46.

The historical rank and industry rank for Jetpak Top Holding AB (publ)'s Days Payable or its related term are showing as below:

OSTO:JETPAK' s Days Payable Range Over the Past 10 Years
Min: 76.48 Med: 128.93 Max: 151.71
Current: 138.53

During the past 9 years, Jetpak Top Holding AB (publ)'s highest Days Payable was 151.71. The lowest was 76.48. And the median was 128.93.

OSTO:JETPAK's Days Payable is ranked better than
88.4% of 948 companies
in the Transportation industry
Industry Median: 37.445 vs OSTO:JETPAK: 138.53

Jetpak Top Holding AB (publ)'s Days Payable increased from Jun. 2023 (56.70) to Jun. 2024 (117.46). It may suggest that Jetpak Top Holding AB (publ) delayed paying its suppliers.

Jetpak Top Holding AB (publ) Days Payable Historical Data

The historical data trend for Jetpak Top Holding AB (publ)'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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Jetpak Top Holding AB (publ) Days Payable Chart

Jetpak Top Holding AB (publ) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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123.35

128.93

129.47

103.23

108.32

Jetpak Top Holding AB (publ) Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															56.70	93.49	525.33	129.29	117.46

Competitive Comparison of Jetpak Top Holding AB (publ)'s Days Payable

For the Integrated Freight & Logistics subindustry, Jetpak Top Holding AB (publ)'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.

Jetpak Top Holding AB (publ)'s Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jetpak Top Holding AB (publ)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Jetpak Top Holding AB (publ)'s Days Payable falls into.

Jetpak Top Holding AB (publ) 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.

Jetpak Top Holding AB (publ)'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
=	( (71.881	+	84.32)	/	2 )	/	263.164	*	365
=	78.1005					/	263.164	*	365
=	108.32

Jetpak Top Holding AB (publ)'s Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (83.141	+	79.173)	/	2 )	/	63.048	*	365 / 4
=	81.157					/	63.048	*	365 / 4
=	117.46

Jetpak Top Holding AB (publ) Days Payable Related Terms

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Jetpak Top Holding AB (publ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jetpak Top Holding AB (publ) (OSTO:JETPAK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tornvägen 17 A, Stockholm, SWE, 19060

Website

https://www.jetpak.com

Jetpak Top Holding AB (publ) is a provider of express logistics services. The company is engaged in time-critical logistics. Its operations are divided into Express Air and Express Road segment. The Express segment consists of the air-based courier/logistics services. The Express Road segment consists of the fully ground-based courier/logistics services;. Services offered by the company include courier express, jetpack direct, jetpack nextday, courier logistics, customer specific and linehaul. It provides express logistics services mainly in the Nordic region (Sweden, Norway, Denmark and Finland) it is also present in the Baltics, Benelux, UK and Poland.

Jetpak Top Holding AB (publ) Headlines

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