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Sdiptech AB (OSTO:SDIP B) Days Payable : 56.25 (As of Mar. 2024)


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What is Sdiptech AB Days Payable?

Sdiptech AB's average Accounts Payable for the three months ended in Mar. 2024 was kr330 Mil. Sdiptech AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr535 Mil. Hence, Sdiptech AB's Days Payable for the three months ended in Mar. 2024 was 56.25.

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

OSTO:SDIP B' s Days Payable Range Over the Past 10 Years
Min: 48.8   Med: 56.56   Max: 58.92
Current: 52.62

During the past 10 years, Sdiptech AB's highest Days Payable was 58.92. The lowest was 48.80. And the median was 56.56.

OSTO:SDIP B's Days Payable is ranked worse than
68.56% of 1603 companies
in the Construction industry
Industry Median: 74.72 vs OSTO:SDIP B: 52.62

Sdiptech AB's Days Payable increased from Mar. 2023 (55.59) to Mar. 2024 (56.25). It may suggest that Sdiptech AB delayed paying its suppliers.


Sdiptech AB Days Payable Historical Data

The historical data trend for Sdiptech 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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Sdiptech AB Days Payable Chart

Sdiptech AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.92 57.50 50.13 57.45 55.67

Sdiptech 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 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 55.59 - - 52.93 56.25

Competitive Comparison of Sdiptech AB's Days Payable

For the Infrastructure Operations subindustry, Sdiptech 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.


Sdiptech AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sdiptech AB's Days Payable distribution charts can be found below:

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



Sdiptech 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.

Sdiptech 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
=( (257.7 + 329.8) / 2 ) / 1925.8*365
=293.75 / 1925.8*365
=55.67

Sdiptech 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
=( (329.8 + 0) / 1 ) / 535*365 / 4
=329.8 / 535*365 / 4
=56.25

* 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.


Sdiptech AB Days Payable Related Terms

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Sdiptech AB (OSTO:SDIP B) Business Description

Traded in Other Exchanges
Address
Nybrogatan 39, Stockholm, SWE, 114 39
Sdiptech AB is engaged in advanced infrastructures of society with specialized technology and solutions. The company has divided its operations into three new business areas: Water & Energy segment includes Water Sanitization and Power & Energy; Special Infrastructure Solutions, which includes Air and Climate Control, Safety and Security, and Transportation; and Property Technical Services, which includes Elevators and others. Its geographical segments are Sweden, UK, Germany, Croatia, Austria, Norway, Finland, and Other countries.

Sdiptech AB (OSTO:SDIP B) Headlines

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