Swedencare AB (OSTO:SECARE) Days Payable : 35.39 (As of Sep. 2024)

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What is Swedencare AB Days Payable?

Swedencare AB's average Accounts Payable for the three months ended in Sep. 2024 was kr107 Mil. Swedencare AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr275 Mil. Hence, Swedencare AB's Days Payable for the three months ended in Sep. 2024 was 35.39.

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

OSTO:SECARE' s Days Payable Range Over the Past 10 Years
Min: 23.13 Med: 41.15 Max: 89.55
Current: 34.96

During the past 10 years, Swedencare AB's highest Days Payable was 89.55. The lowest was 23.13. And the median was 41.15.

OSTO:SECARE's Days Payable is ranked worse than
86.87% of 952 companies
in the Drug Manufacturers industry
Industry Median: 85.205 vs OSTO:SECARE: 34.96

Swedencare AB's Days Payable increased from Sep. 2023 (29.53) to Sep. 2024 (35.39). It may suggest that Swedencare AB delayed paying its suppliers.

Swedencare AB Days Payable Historical Data

The historical data trend for Swedencare 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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Swedencare AB Days Payable Chart

Swedencare AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.85

47.96

26.22

23.13

26.26

Swedencare 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															29.53	30.21	36.25	41.00	35.39

Competitive Comparison of Swedencare AB's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Swedencare 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.

Swedencare AB's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Swedencare AB's Days Payable distribution charts can be found below:

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

Swedencare 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.

Swedencare 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
=	( (66.9	+	83.8)	/	2 )	/	1047.5	*	365
=	75.35					/	1047.5	*	365
=	26.26

Swedencare 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
=	( (116.7	+	96.3)	/	2 )	/	274.6	*	365 / 4
=	106.5					/	274.6	*	365 / 4
=	35.39

Swedencare AB Days Payable Related Terms

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Swedencare AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Swedencare AB (OSTO:SECARE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SWDCF:USA 0ABG:UK 7XY:Germany

Address

Per Albin Hanssons Vag 41, Medeon Science Park, Malmo, SWE, 214 32

Website

https://www.swedencare.se

Swedencare AB specializes in pet healthcare and produces partly in its factories, markets, and sells premium products on the global market. The company has a wide range of brands and products within most therapy areas, which includes Animal Pharmaceuticals, nutravet, NutriScience, PetMD, Stratford, VetWELL as well as ProDen PlaqueOff for oral health to dogs and cats. The company's products are sold in approximately fifty markets.

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