MTI Investment SE (OSTO:MTI) Days Payable : 94.11 (As of Dec. 2023)

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What is MTI Investment SE Days Payable?

MTI Investment SE's average Accounts Payable for the six months ended in Dec. 2023 was kr0.99 Mil. MTI Investment SE's Cost of Goods Sold for the six months ended in Dec. 2023 was kr1.91 Mil. Hence, MTI Investment SE's Days Payable for the six months ended in Dec. 2023 was 94.11.

The historical rank and industry rank for MTI Investment SE's Days Payable or its related term are showing as below:

OSTO:MTI' s Days Payable Range Over the Past 10 Years
Min: 29.28 Med: 64.02 Max: 336.03
Current: 49.42

During the past 5 years, MTI Investment SE's highest Days Payable was 336.03. The lowest was 29.28. And the median was 64.02.

OSTO:MTI's Days Payable is ranked worse than
60.73% of 466 companies
in the Asset Management industry
Industry Median: 74.64 vs OSTO:MTI: 49.42

MTI Investment SE's Days Payable increased from Dec. 2022 (11.54) to Dec. 2023 (94.11). It may suggest that MTI Investment SE delayed paying its suppliers.

MTI Investment SE Days Payable Historical Data

The historical data trend for MTI Investment SE'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.

* Premium members only.

MTI Investment SE Days Payable Chart

MTI Investment SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

336.03

245.22

64.02

29.28

56.74

MTI Investment SE Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			58.08	28.76	11.54	25.69	94.11

Competitive Comparison of MTI Investment SE's Days Payable

For the Asset Management subindustry, MTI Investment SE'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.

MTI Investment SE's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MTI Investment SE's Days Payable distribution charts can be found below:

* The bar in red indicates where MTI Investment SE's Days Payable falls into.

MTI Investment SE 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.

MTI Investment SE'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
=	( (0.572	+	1.32)	/	2 )	/	6.085	*	365
=	0.946					/	6.085	*	365
=	56.74

MTI Investment SE's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.653	+	1.32)	/	2 )	/	1.913	*	365 / 2
=	0.9865					/	1.913	*	365 / 2
=	94.11

MTI Investment SE Days Payable Related Terms

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MTI Investment SE (OSTO:MTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MTI Investment SE (OSTO:MTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Svardvagen 21, Danderyd, Stockholm, SWE, 182 33

Website

https://www.mti-investment.com

MTI Investment SE is a Nordic investment and venture building company that invests in small and medium-sized enterprises.

MTI Investment SE (OSTO:MTI) Headlines

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