Navigo Invest AB (OSTO:NAVIGO STAM) Days Payable : 70.23 (As of Sep. 2024)

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What is Navigo Invest AB Days Payable?

Navigo Invest AB's average Accounts Payable for the three months ended in Sep. 2024 was kr67.1 Mil. Navigo Invest AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr87.2 Mil. Hence, Navigo Invest AB's Days Payable for the three months ended in Sep. 2024 was 70.23.

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

OSTO:NAVIGO STAM' s Days Payable Range Over the Past 10 Years
Min: 20.31 Med: 40.43 Max: 135.56
Current: 55.84

During the past 10 years, Navigo Invest AB's highest Days Payable was 135.56. The lowest was 20.31. And the median was 40.43.

OSTO:NAVIGO STAM's Days Payable is ranked worse than
58.86% of 457 companies
in the Asset Management industry
Industry Median: 72.35 vs OSTO:NAVIGO STAM: 55.84

Navigo Invest AB's Days Payable increased from Sep. 2023 (42.11) to Sep. 2024 (70.23). It may suggest that Navigo Invest AB delayed paying its suppliers.

Navigo Invest AB Days Payable Historical Data

The historical data trend for Navigo Invest 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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Navigo Invest AB Days Payable Chart

Navigo Invest AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.49

46.69

33.98

135.56

51.88

Navigo Invest AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															42.11	46.36	54.44	60.60	70.23

Competitive Comparison of Navigo Invest AB's Days Payable

For the Asset Management subindustry, Navigo Invest 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.

Navigo Invest AB's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Navigo Invest AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Navigo Invest AB's Days Payable falls into.

Navigo Invest 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.

Navigo Invest 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
=	( (15.291	+	60.268)	/	2 )	/	265.806	*	365
=	37.7795					/	265.806	*	365
=	51.88

Navigo Invest AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (72.533	+	61.736)	/	2 )	/	87.228	*	365 / 4
=	67.1345					/	87.228	*	365 / 4
=	70.23

Navigo Invest AB Days Payable Related Terms

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Navigo Invest AB Business Description

Industry

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NAVIGO PREF:Sweden

Address

Sodra Hamngatan 19-21, Gothenburg, SWE, 411 14

Website

https://www.navigoinvest.com

Navigo Invest AB is an investment company that invests in smaller and medium sized unlisted companies in Sweden. The company also offers professional services, Pegroco Advisory, which includes services within capital procurement, company transactions and business development.

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