Ortivus AB (OSTO:ORTI A) Days Payable : 64.76 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Ortivus AB Days Payable?

Ortivus AB's average Accounts Payable for the three months ended in Mar. 2024 was kr9.18 Mil. Ortivus AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr12.94 Mil. Hence, Ortivus AB's Days Payable for the three months ended in Mar. 2024 was 64.76.

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

OSTO:ORTI A' s Days Payable Range Over the Past 10 Years
Min: 22.69 Med: 50.95 Max: 159.01
Current: 59.91

During the past 13 years, Ortivus AB's highest Days Payable was 159.01. The lowest was 22.69. And the median was 50.95.

OSTO:ORTI A's Days Payable is ranked worse than
58.88% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 72.46 vs OSTO:ORTI A: 59.91

Ortivus AB's Days Payable declined from Mar. 2023 (89.34) to Mar. 2024 (64.76). It may suggest that Ortivus AB accelerated paying its suppliers.

Ortivus AB Days Payable Historical Data

The historical data trend for Ortivus 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.

Ortivus AB Days Payable Chart

Ortivus AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

48.52

22.69

26.04

62.69

86.82

Ortivus 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															89.34	62.89	46.43	49.31	64.76

Competitive Comparison of Ortivus AB's Days Payable

For the Medical Instruments & Supplies subindustry, Ortivus 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.

Ortivus AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ortivus AB's Days Payable distribution charts can be found below:

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

Ortivus 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.

Ortivus 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
=	( (16.303	+	9.026)	/	2 )	/	53.24	*	365
=	12.6645					/	53.24	*	365
=	86.82

Ortivus 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
=	( (9.026	+	9.34)	/	2 )	/	12.939	*	365 / 4
=	9.183					/	12.939	*	365 / 4
=	64.76

Ortivus AB Days Payable Related Terms

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

Ortivus AB (OSTO:ORTI A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ortivus AB (OSTO:ORTI A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ORTI B:Sweden

Address

Karlsrovagen 2D, Box 713, Danderyd, Stockholm, SWE, 182 17

Website

http://www.ortivus.com

Ortivus AB is a supplier of mobile solutions for modern emergency medical care. Its product portfolio includes MobiMed Smart and CoroNet.

Ortivus AB (OSTO:ORTI A) Headlines

No Headlines