OXE Marine AB (OSTO:OXE) Days Payable : 101.75 (As of Dec. 2024)

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What is OXE Marine AB Days Payable?

OXE Marine AB's average Accounts Payable for the three months ended in Dec. 2024 was kr35.7 Mil. OXE Marine AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr32.0 Mil. Hence, OXE Marine AB's Days Payable for the three months ended in Dec. 2024 was 101.75.

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

OSTO:OXE' s Days Payable Range Over the Past 10 Years
Min: 83.15 Med: 128.4 Max: 473.38
Current: 121.2

During the past 10 years, OXE Marine AB's highest Days Payable was 473.38. The lowest was 83.15. And the median was 128.40.

OSTO:OXE's Days Payable is ranked better than
68.21% of 302 companies
in the Aerospace & Defense industry
Industry Median: 70.18 vs OSTO:OXE: 121.20

OXE Marine AB's Days Payable increased from Dec. 2023 (86.47) to Dec. 2024 (101.75). It may suggest that OXE Marine AB delayed paying its suppliers.

OXE Marine AB Days Payable Historical Data

The historical data trend for OXE Marine 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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OXE Marine AB Days Payable Chart

OXE Marine AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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236.05

128.40

96.17

83.15

112.31

OXE Marine 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															86.47	131.66	128.12	134.84	101.75

Competitive Comparison of OXE Marine AB's Days Payable

For the Aerospace & Defense subindustry, OXE Marine 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.

OXE Marine AB's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OXE Marine AB's Days Payable distribution charts can be found below:

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

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OXE Marine 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.

OXE Marine 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
=	( (39.222	+	33.996)	/	2 )	/	118.975	*	365
=	36.609					/	118.975	*	365
=	112.31

OXE Marine 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
=	( (37.394	+	33.996)	/	2 )	/	32.013	*	365 / 4
=	35.695					/	32.013	*	365 / 4
=	101.75

OXE Marine AB Days Payable Related Terms

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OXE Marine AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » OXE Marine AB (OSTO:OXE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CMMCF:USA

Address

Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72

Website

https://www.oxemarine.com

OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are some factors.

OXE Marine AB Headlines

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