Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Days Payable : 203.24 (As of Mar. 2024)

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What is Svenska Nyttobostader AB Days Payable?

Svenska Nyttobostader AB's average Accounts Payable for the three months ended in Mar. 2024 was kr49.00 Mil. Svenska Nyttobostader AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr22.00 Mil. Hence, Svenska Nyttobostader AB's Days Payable for the three months ended in Mar. 2024 was 203.24.

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

OSTO:NYTTO.PREF.PFD' s Days Payable Range Over the Past 10 Years
Min: 220.83 Med: 548.51 Max: 1460
Current: 220.83

During the past 4 years, Svenska Nyttobostader AB's highest Days Payable was 1460.00. The lowest was 220.83. And the median was 548.51.

OSTO:NYTTO.PREF.PFD's Days Payable is ranked better than
72.39% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs OSTO:NYTTO.PREF.PFD: 220.83

Svenska Nyttobostader AB's Days Payable declined from Mar. 2023 (311.77) to Mar. 2024 (203.24). It may suggest that Svenska Nyttobostader AB accelerated paying its suppliers.

Svenska Nyttobostader AB Days Payable Historical Data

The historical data trend for Svenska Nyttobostader 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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Svenska Nyttobostader AB Days Payable Chart

Svenska Nyttobostader AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

1,460.00

290.86

703.93

393.08

Svenska Nyttobostader AB Quarterly Data
	Jun19	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														311.77	338.39	215.68	209.11	203.24

Competitive Comparison of Svenska Nyttobostader AB's Days Payable

For the Real Estate Services subindustry, Svenska Nyttobostader 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.

Svenska Nyttobostader AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Svenska Nyttobostader AB's Days Payable distribution charts can be found below:

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

Svenska Nyttobostader 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.

Svenska Nyttobostader AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (42	+	42)	/	2 )	/	39	*	365
=	42					/	39	*	365
=	393.08

Svenska Nyttobostader 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
=	( (55	+	43)	/	2 )	/	22	*	365 / 4
=	49					/	22	*	365 / 4
=	203.24

Svenska Nyttobostader AB Days Payable Related Terms

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Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) » Definitions » Days Payable

Traded in Other Exchanges

NYTTO:Sweden 62W:Germany

Address

Regeringsgatan 59, Stockholm, SWE, 111 59

Website

https://www.nyttobostader.se

Svenska Nyttobostader AB owns and manages newly constructed residential properties in Stockholm. The company offer its properties to private individuals, companies and authorities on rent.

Svenska Nyttobostader AB (OSTO:NYTTO.PREF.PFD) Headlines

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