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RightBridge Ventures Group AB (publ) (OSTO:RIGHTB) Days Payable : 31,637.68 (As of Dec. 2024)


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What is RightBridge Ventures Group AB (publ) Days Payable?

RightBridge Ventures Group AB (publ)'s average Accounts Payable for the three months ended in Dec. 2024 was kr4.85 Mil. RightBridge Ventures Group AB (publ)'s Cost of Goods Sold for the three months ended in Dec. 2024 was kr0.01 Mil. Hence, RightBridge Ventures Group AB (publ)'s Days Payable for the three months ended in Dec. 2024 was 31,637.68.

The historical rank and industry rank for RightBridge Ventures Group AB (publ)'s Days Payable or its related term are showing as below:

OSTO:RIGHTB' s Days Payable Range Over the Past 10 Years
Min: 0.42   Med: 222.29   Max: 100286.36
Current: 100286.36

During the past 5 years, RightBridge Ventures Group AB (publ)'s highest Days Payable was 100286.36. The lowest was 0.42. And the median was 222.29.

OSTO:RIGHTB's Days Payable is ranked better than
99.35% of 459 companies
in the Asset Management industry
Industry Median: 66.09 vs OSTO:RIGHTB: 100286.36

RightBridge Ventures Group AB (publ)'s Days Payable increased from Dec. 2023 (11,862.50) to Dec. 2024 (31,637.68). It may suggest that RightBridge Ventures Group AB (publ) delayed paying its suppliers.


RightBridge Ventures Group AB (publ) Days Payable Historical Data

The historical data trend for RightBridge Ventures Group AB (publ)'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.

RightBridge Ventures Group AB (publ) Days Payable Chart

RightBridge Ventures Group AB (publ) Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
- 0.42 36.15 408.42 92,305.89

RightBridge Ventures Group AB (publ) Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11,862.50 - - - 31,637.68

Competitive Comparison of RightBridge Ventures Group AB (publ)'s Days Payable

For the Asset Management subindustry, RightBridge Ventures Group AB (publ)'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.


RightBridge Ventures Group AB (publ)'s Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RightBridge Ventures Group AB (publ)'s Days Payable distribution charts can be found below:

* The bar in red indicates where RightBridge Ventures Group AB (publ)'s Days Payable falls into.


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RightBridge Ventures Group AB (publ) 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.

RightBridge Ventures Group AB (publ)'s Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2.117 + 4.964) / 2 ) / 0.014*365
=3.5405 / 0.014*365
=92,305.89

RightBridge Ventures Group AB (publ)'s Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (4.744 + 4.964) / 2 ) / 0.014*365 / 4
=4.854 / 0.014*365 / 4
=31,637.68

* 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.


RightBridge Ventures Group AB (publ) Days Payable Related Terms

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RightBridge Ventures Group AB (publ) Business Description

Traded in Other Exchanges
Address
Norrlandsgatan 24, Stockholm, SWE, 111 43
RightBridge Ventures Group AB (publ) is a roll-up and investment company investing and acquiring companies in the esport and gaming industry with the objective to create an ecosystem that seeks synergies around revenues, marketing, sales, customer acquistion and technologies.

RightBridge Ventures Group AB (publ) Headlines

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