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Promimic AB (OSTO:PRO) Days Payable : 0.00 (As of Mar. 2024)


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What is Promimic AB Days Payable?

Promimic AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4.48 Mil. Promimic AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr-0.51 Mil.

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

During the past 5 years, Promimic AB's highest Days Payable was 5329.94. The lowest was 853.38. And the median was 863.38.

OSTO:PRO's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 72.46
* Ranked among companies with meaningful Days Payable only.

Promimic AB's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same


Promimic AB Days Payable Historical Data

The historical data trend for Promimic 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.

Promimic AB Days Payable Chart

Promimic AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
5,329.94 853.38 863.38 - -

Promimic AB Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Promimic AB's Days Payable

For the Medical Devices subindustry, Promimic 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.


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

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

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



Promimic 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.

Promimic 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
=( (1.243 + 4.483) / 2 ) / -1.445*365
=2.863 / -1.445*365
=N/A

Promimic 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
=( (4.483 + 0) / 1 ) / -0.505*365 / 4
=4.483 / -0.505*365 / 4
=N/A

* 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.


Promimic AB Days Payable Related Terms

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Promimic AB (OSTO:PRO) Business Description

Traded in Other Exchanges
N/A
Address
c/o AstraZeneca R&D Mölndal, AZ BioVentureHub, Molndal, SWE, 431 83
Promimic AB is a biomaterial company producing a nano-thin surface for all implant materials for faster osseointegration.