GURUFOCUS.COM » STOCK LIST » Technology » Software » Opter AB (OSTO:OPTER) » Definitions » Days Payable

Opter AB (OSTO:OPTER) Days Payable : 11.71 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Opter AB Days Payable?

Opter AB's average Accounts Payable for the three months ended in Dec. 2024 was kr1.77 Mil. Opter AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr13.80 Mil. Hence, Opter AB's Days Payable for the three months ended in Dec. 2024 was 11.71.

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

OSTO:OPTER' s Days Payable Range Over the Past 10 Years
Min: 12.94   Med: 23.79   Max: 26.62
Current: 12.94

During the past 6 years, Opter AB's highest Days Payable was 26.62. The lowest was 12.94. And the median was 23.79.

OSTO:OPTER's Days Payable is ranked worse than
88.05% of 2553 companies
in the Software industry
Industry Median: 51.44 vs OSTO:OPTER: 12.94

Opter AB's Days Payable stayed the same from Dec. 2023 (11.71) to Dec. 2024 (11.71). stayed the same


Opter AB Days Payable Historical Data

The historical data trend for Opter 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.

Opter AB Days Payable Chart

Opter AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 22.75 26.24 26.62 16.81 13.36

Opter AB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.71 11.53 12.79 16.03 11.71

Competitive Comparison of Opter AB's Days Payable

For the Software - Application subindustry, Opter 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.


Opter AB's Days Payable Distribution in the Software Industry

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

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


;
;

Opter 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.

Opter AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.513 + 1.889) / 2 ) / 46.476*365
=1.701 / 46.476*365
=13.36

Opter AB's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.654 + 1.889) / 2 ) / 13.803*365 / 4
=1.7715 / 13.803*365 / 4
=11.71

* 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.


Opter AB Days Payable Related Terms

Thank you for viewing the detailed overview of Opter AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Opter AB Business Description

Traded in Other Exchanges
N/A
Address
Arenavagen 39, Johanneshov, SWE, 121 77
Opter AB is a modern transport management system for the entire process from orders and transport planning to invoicing and settlement.

Opter AB Headlines

No Headlines