Pandox AB (OSTO:PNDX B) Days Payable : 41.97 (As of Mar. 2024)

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What is Pandox AB Days Payable?

Pandox AB's average Accounts Payable for the three months ended in Mar. 2024 was kr362 Mil. Pandox AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr786 Mil. Hence, Pandox AB's Days Payable for the three months ended in Mar. 2024 was 41.97.

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

OSTO:PNDX B' s Days Payable Range Over the Past 10 Years
Min: 35.01 Med: 38.89 Max: 56.4
Current: 41.07

During the past 13 years, Pandox AB's highest Days Payable was 56.40. The lowest was 35.01. And the median was 38.89.

OSTO:PNDX B's Days Payable is ranked worse than
74.86% of 1575 companies
in the Real Estate industry
Industry Median: 99.76 vs OSTO:PNDX B: 41.07

Pandox AB's Days Payable declined from Mar. 2023 (46.08) to Mar. 2024 (41.97). It may suggest that Pandox AB accelerated paying its suppliers.

Pandox AB Days Payable Historical Data

The historical data trend for Pandox 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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Pandox AB Days Payable Chart

Pandox AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.66

56.40

46.39

37.79

36.20

Pandox 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															46.08	44.68	42.49	33.98	41.97

Competitive Comparison of Pandox AB's Days Payable

For the Real Estate Services subindustry, Pandox 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.

Pandox AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pandox AB's Days Payable distribution charts can be found below:

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

Pandox 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.

Pandox 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
=	( (314	+	333)	/	2 )	/	3262	*	365
=	323.5					/	3262	*	365
=	36.20

Pandox 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
=	( (333	+	390)	/	2 )	/	786	*	365 / 4
=	361.5					/	786	*	365 / 4
=	41.97

Pandox AB Days Payable Related Terms

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Pandox AB (OSTO:PNDX B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pandox AB (OSTO:PNDX B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PNDXF:USA 0R8U:UK

Address

Vasagatan 11, 9th floor, Box 15, Stockholm, SWE, SE-101 20

Website

https://www.pandox.se

Pandox AB is an owner of hotel properties. The company organizes operations into two segments: Property Management and Operator Activities. The main segment is Property Management, where Pandox owns and leases hotel properties to hotel operators. In Operator Activities, Pandox both owns hotel properties and runs the hotel operations. The company is active in various countries in Northern Europe.

Pandox AB (OSTO:PNDX B) Headlines

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