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Starbreeze AB (OSTO:STAR B) Days Payable : 70.70 (As of Mar. 2024)


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What is Starbreeze AB Days Payable?

Starbreeze AB's average Accounts Payable for the three months ended in Mar. 2024 was kr67.0 Mil. Starbreeze AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr86.5 Mil. Hence, Starbreeze AB's Days Payable for the three months ended in Mar. 2024 was 70.70.

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

OSTO:STAR B' s Days Payable Range Over the Past 10 Years
Min: 16.25   Med: 52.71   Max: 331.97
Current: 153.99

During the past 13 years, Starbreeze AB's highest Days Payable was 331.97. The lowest was 16.25. And the median was 52.71.

OSTO:STAR B's Days Payable is ranked better than
75.69% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs OSTO:STAR B: 153.99

Starbreeze AB's Days Payable declined from Mar. 2023 (837.87) to Mar. 2024 (70.70). It may suggest that Starbreeze AB accelerated paying its suppliers.


Starbreeze AB Days Payable Historical Data

The historical data trend for Starbreeze 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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Starbreeze AB Days Payable Chart

Starbreeze AB Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.13 331.97 52.71 68.03 31.24

Starbreeze 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 837.87 1,537.81 108.97 47.29 70.70

Competitive Comparison of Starbreeze AB's Days Payable

For the Electronic Gaming & Multimedia subindustry, Starbreeze 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.


Starbreeze AB's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starbreeze AB's Days Payable distribution charts can be found below:

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



Starbreeze 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.

Starbreeze 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
=( (15.816 + 37.123) / 2 ) / 309.271*365
=26.4695 / 309.271*365
=31.24

Starbreeze 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
=( (37.123 + 96.849) / 2 ) / 86.452*365 / 4
=66.986 / 86.452*365 / 4
=70.70

* 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.


Starbreeze AB Days Payable Related Terms

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Starbreeze AB (OSTO:STAR B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 38, Box 7731, Stockholm, SWE, 103 95
Starbreeze AB is a creator, publisher, and distributor of entertainment products. It mainly develops and publishes games. Its games market by segments includes Console, PC, and Mobile in which the Mobile segment generates key revenue. Geographically, the company's majority revenue is generated from the Asia-pacific region.

Starbreeze AB (OSTO:STAR B) Headlines

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