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OrganoClick AB (OSTO:ORGC) Days Payable : 57.08 (As of Dec. 2024)


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What is OrganoClick AB Days Payable?

OrganoClick AB's average Accounts Payable for the three months ended in Dec. 2024 was kr11.7 Mil. OrganoClick AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr18.7 Mil. Hence, OrganoClick AB's Days Payable for the three months ended in Dec. 2024 was 57.08.

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

OSTO:ORGC' s Days Payable Range Over the Past 10 Years
Min: 29.06   Med: 48.55   Max: 88.73
Current: 50.55

During the past 13 years, OrganoClick AB's highest Days Payable was 88.73. The lowest was 29.06. And the median was 48.55.

OSTO:ORGC's Days Payable is ranked worse than
58.38% of 1509 companies
in the Chemicals industry
Industry Median: 58.22 vs OSTO:ORGC: 50.55

OrganoClick AB's Days Payable declined from Dec. 2023 (57.85) to Dec. 2024 (57.08). It may suggest that OrganoClick AB accelerated paying its suppliers.


OrganoClick AB Days Payable Historical Data

The historical data trend for OrganoClick 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.

OrganoClick AB Days Payable Chart

OrganoClick AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.48 54.26 51.55 49.62 46.28

OrganoClick AB Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only 57.85 45.59 46.68 60.46 57.08

Competitive Comparison of OrganoClick AB's Days Payable

For the Specialty Chemicals subindustry, OrganoClick 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.


OrganoClick AB's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, OrganoClick AB's Days Payable distribution charts can be found below:

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


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OrganoClick 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.

OrganoClick 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
=( (14.559 + 9.63) / 2 ) / 95.388*365
=12.0945 / 95.388*365
=46.28

OrganoClick 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
=( (13.775 + 9.63) / 2 ) / 18.709*365 / 4
=11.7025 / 18.709*365 / 4
=57.08

* 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.


OrganoClick AB Days Payable Related Terms

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OrganoClick AB Business Description

Traded in Other Exchanges
N/A
Address
Linjalvagen 9, Taby, SWE, SE-187 66
OrganoClick AB is involved in the chemicals industry. Its product portfolio includes green chemical technologies for creating water repellency, biobased binders for increasing the mechanical strength, and wood treatment products for resistance to fungal degradation and resistance to fire. It operates in four business areas Functional Wood, Green coatings & maintenance products, Nonwoven & technical textile, and Other. The group has a single operating segment.

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