Resqunit AB (OSTO:RESQ) Days Payable : 165.19 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Resqunit AB Days Payable?

Resqunit AB's average Accounts Payable for the six months ended in Jun. 2023 was kr0.39 Mil. Resqunit AB's Cost of Goods Sold for the six months ended in Jun. 2023 was kr0.43 Mil. Hence, Resqunit AB's Days Payable for the six months ended in Jun. 2023 was 165.19.

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

OSTO:RESQ' s Days Payable Range Over the Past 10 Years
Min: 219.03 Med: 460.12 Max: 460.12
Current: 219.03

During the past 2 years, Resqunit AB's highest Days Payable was 460.12. The lowest was 219.03. And the median was 460.12.

OSTO:RESQ's Days Payable is ranked better than
89.1% of 2935 companies
in the Industrial Products industry
Industry Median: 76.43 vs OSTO:RESQ: 219.03

Resqunit AB's Days Payable declined from Jun. 2022 (1,372.31) to Jun. 2023 (165.19). It may suggest that Resqunit AB accelerated paying its suppliers.

Resqunit AB Days Payable Historical Data

The historical data trend for Resqunit 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.

Resqunit AB Days Payable Chart

Resqunit AB Annual Data

Trend

Dec21

Dec22

Days Payable

460.12

Resqunit AB Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23
Days Payable	-	1,372.31	288.96	165.19

Competitive Comparison of Resqunit AB's Days Payable

For the Pollution & Treatment Controls subindustry, Resqunit 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.

Resqunit AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Resqunit AB's Days Payable distribution charts can be found below:

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

Resqunit 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.

Resqunit 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
=	( (0.564	+	0.447)	/	2 )	/	0.401	*	365
=	0.5055					/	0.401	*	365
=	460.12

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

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.447	+	0.326)	/	2 )	/	0.427	*	365 / 2
=	0.3865					/	0.427	*	365 / 2
=	165.19

Resqunit AB Days Payable Related Terms

Thank you for viewing the detailed overview of Resqunit AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Resqunit AB (OSTO:RESQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Resqunit AB (OSTO:RESQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.resqunit.com

Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

Resqunit AB (OSTO:RESQ) Headlines

No Headlines