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Q-linea AB (OSTO:QLINEA) Days Payable : 353.27 (As of Sep. 2024)


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What is Q-linea AB Days Payable?

Q-linea AB's average Accounts Payable for the three months ended in Sep. 2024 was kr4.19 Mil. Q-linea AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr1.08 Mil. Hence, Q-linea AB's Days Payable for the three months ended in Sep. 2024 was 353.27.

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

OSTO:QLINEA' s Days Payable Range Over the Past 10 Years
Min: 85.88   Med: 153.17   Max: 1422.92
Current: 349.76

During the past 9 years, Q-linea AB's highest Days Payable was 1422.92. The lowest was 85.88. And the median was 153.17.

OSTO:QLINEA's Days Payable is ranked better than
89.53% of 793 companies
in the Medical Devices & Instruments industry
Industry Median: 69.73 vs OSTO:QLINEA: 349.76

Q-linea AB's Days Payable increased from Sep. 2023 (211.96) to Sep. 2024 (353.27). It may suggest that Q-linea AB delayed paying its suppliers.


Q-linea AB Days Payable Historical Data

The historical data trend for Q-linea 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.

Q-linea AB Days Payable Chart

Q-linea AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 121.34 97.57 85.88 158.41 1,422.92

Q-linea AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 211.96 - 256.17 187.08 353.27

Competitive Comparison of Q-linea AB's Days Payable

For the Medical Devices subindustry, Q-linea 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.


Q-linea AB's Days Payable Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Q-linea AB's Days Payable falls into.



Q-linea 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.

Q-linea 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
=( (21.555 + 5.305) / 2 ) / 3.445*365
=13.43 / 3.445*365
=1,422.92

Q-linea AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (6.236 + 2.134) / 2 ) / 1.081*365 / 4
=4.185 / 1.081*365 / 4
=353.27

* 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.


Q-linea AB Days Payable Related Terms

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Q-linea AB Business Description

Traded in Other Exchanges
Address
Dag Hammarskjolds vag 52 A, Uppsala, SWE, SE-752 37
Q-linea AB is a company that develops infection diagnostics solutions that benefit patients, healthcare providers, and society, enabling rapid diagnosis of blood infections such as sepsis within six hours of a positive blood culture. It focuses on developing instruments and consumables that benefit patients, healthcare providers, and society. It develops and delivers solutions for healthcare providers, enabling them to diagnose and treat infectious diseases in the shortest possible time. The company's product, ASTar, is a fully automated instrument (AST, antibiotic susceptibility testing), which produces a sensitivity profile from a positive blood culture.

Q-linea AB Headlines

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