Plexian AB (OSTO:PLEX) Days Payable : 1,408.26 (As of Sep. 2023)

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What is Plexian AB Days Payable?

Plexian AB's average Accounts Payable for the three months ended in Sep. 2023 was kr7.02 Mil. Plexian AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr0.46 Mil. Hence, Plexian AB's Days Payable for the three months ended in Sep. 2023 was 1,408.26.

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

OSTO:PLEX' s Days Payable Range Over the Past 10 Years
Min: 84.89 Med: 110.32 Max: 347.71
Current: 289.68

During the past 4 years, Plexian AB's highest Days Payable was 347.71. The lowest was 84.89. And the median was 110.32.

OSTO:PLEX's Days Payable is ranked better than
88.4% of 2526 companies
in the Software industry
Industry Median: 49.695 vs OSTO:PLEX: 289.68

Plexian AB's Days Payable increased from Sep. 2022 (85.26) to Sep. 2023 (1,408.26). It may suggest that Plexian AB delayed paying its suppliers.

Plexian AB Days Payable Historical Data

The historical data trend for Plexian 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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Plexian AB Days Payable Chart

Plexian AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

347.71

110.32

84.89

Plexian AB Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial							85.26	96.09	439.14	1,265.71	1,408.26

Competitive Comparison of Plexian AB's Days Payable

For the Information Technology Services subindustry, Plexian 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.

Plexian AB's Days Payable Distribution in the Software Industry

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

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

Plexian 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.

Plexian 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
=	( (3.458	+	6.629)	/	2 )	/	21.685	*	365
=	5.0435					/	21.685	*	365
=	84.89

Plexian AB's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (6.561	+	7.483)	/	2 )	/	0.455	*	365 / 4
=	7.022					/	0.455	*	365 / 4
=	1,408.26

Plexian AB Days Payable Related Terms

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Plexian AB (OSTO:PLEX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gustav Adolfs Torg 8 B, Malmo, SWE, 211 39

Website

https://www.plexian.se

Plexian AB is a FinTech company. The company has developed a transaction-based loyalty platform - Edge - a sales-driven loyalty platform that generates offers for customers who use the Visa card belonging to the platform for their payments. The data generated by the transactions is used in Edge to provide customers with tailor-made offers that improve daily consumption and increase customer loyalty.

Plexian AB (OSTO:PLEX) Headlines

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