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Nanologica AB (OSTO:NICA) Days Payable : 456.29 (As of Mar. 2024)


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What is Nanologica AB Days Payable?

Nanologica AB's average Accounts Payable for the three months ended in Mar. 2024 was kr15.37 Mil. Nanologica AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3.07 Mil. Hence, Nanologica AB's Days Payable for the three months ended in Mar. 2024 was 456.29.

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

OSTO:NICA' s Days Payable Range Over the Past 10 Years
Min: 152.82   Med: 581.2   Max: 88170.31
Current: 563.69

During the past 10 years, Nanologica AB's highest Days Payable was 88170.31. The lowest was 152.82. And the median was 581.20.

OSTO:NICA's Days Payable is ranked better than
76.84% of 721 companies
in the Biotechnology industry
Industry Median: 148.28 vs OSTO:NICA: 563.69

Nanologica AB's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (456.29). It may suggest that Nanologica AB delayed paying its suppliers.


Nanologica AB Days Payable Historical Data

The historical data trend for Nanologica 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.

* Premium members only.

Nanologica AB Days Payable Chart

Nanologica AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 384.62 777.78 152.82 - 862.28

Nanologica 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 15,909.61 280.46 209.32 456.29

Competitive Comparison of Nanologica AB's Days Payable

For the Biotechnology subindustry, Nanologica 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.


Nanologica AB's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nanologica AB's Days Payable distribution charts can be found below:

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



Nanologica 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.

Nanologica 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
=( (2.263 + 4.914) / 2 ) / 1.519*365
=3.5885 / 1.519*365
=862.28

Nanologica 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
=( (4.914 + 25.829) / 2 ) / 3.074*365 / 4
=15.3715 / 3.074*365 / 4
=456.29

* 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.


Nanologica AB Days Payable Related Terms

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Nanologica AB (OSTO:NICA) Business Description

Traded in Other Exchanges
Address
Forskargatan 20G, Södertälje, SWE, SE-151 36
Nanologica AB develops and manufactures nanoporous silica particles for life science applications. It focuses on two areas: Drug Development and Chromatography. The company's drug delivery platforms are NLAB Spiro and NLAB Silica, which aim to produce better medicines for the benefit of patients. Its geographical segments are Sweden, China, the United States, and the Rest of the world.

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