Move About Group AB (OSTO:MOV) Days Payable : 4,810.49 (As of Jun. 2024)

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What is Move About Group AB Days Payable?

Move About Group AB's average Accounts Payable for the three months ended in Jun. 2024 was kr4.48 Mil. Move About Group AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr0.09 Mil. Hence, Move About Group AB's Days Payable for the three months ended in Jun. 2024 was 4,810.49.

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

During the past 4 years, Move About Group AB's highest Days Payable was 859.07. The lowest was 343.47. And the median was 420.20.

OSTO:MOV's Days Payable is not ranked ^*
in the Software industry.
Industry Median: 50.93
* Ranked among companies with meaningful Days Payable only.

Move About Group AB's Days Payable increased from Jun. 2023 (253.13) to Jun. 2024 (4,810.49). It may suggest that Move About Group AB delayed paying its suppliers.

Move About Group AB Days Payable Historical Data

The historical data trend for Move About 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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Move About Group AB Days Payable Chart

Move About Group AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

420.20

343.47

859.07

Move About Group AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial										253.13	223.28	-	1,040.29	4,810.49

Competitive Comparison of Move About Group AB's Days Payable

For the Software - Application subindustry, Move About 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.

Move About Group AB's Days Payable Distribution in the Software Industry

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

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

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Move About 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.

Move About 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
=	( (22.792	+	6.167)	/	2 )	/	6.152	*	365
=	14.4795					/	6.152	*	365
=	859.07

Move About Group AB'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
=	( (4.481	+	4.481)	/	2 )	/	0.085	*	365 / 4
=	4.481					/	0.085	*	365 / 4
=	4,810.49

Move About Group AB Days Payable Related Terms

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Move About Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Move About Group AB (OSTO:MOV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magasinsgatan 22, Sverige, Goteborg, SWE, 411 18

Website

https://www.moveaboutgroup.com

Move About Group AB offers app-based, environmentally friendly and cost-effective mobility solutions to both private individuals and companies, municipalities and organizations. The company has developed and owns all intellectual property rights to its cloud-based Greentech platform that provides digital access to electric cars, electric bicycles, taxis, subways and parking through one and the same application around the clock.