Stockwik Forvaltning AB (OSTO:STWK) Days Payable : 36.50 (As of Mar. 2024)

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What is Stockwik Forvaltning AB Days Payable?

Stockwik Forvaltning AB's average Accounts Payable for the three months ended in Mar. 2024 was kr63.6 Mil. Stockwik Forvaltning AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr159.0 Mil. Hence, Stockwik Forvaltning AB's Days Payable for the three months ended in Mar. 2024 was 36.50.

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

OSTO:STWK' s Days Payable Range Over the Past 10 Years
Min: 22.03 Med: 37.73 Max: 66.69
Current: 36

During the past 13 years, Stockwik Forvaltning AB's highest Days Payable was 66.69. The lowest was 22.03. And the median was 37.73.

OSTO:STWK's Days Payable is ranked worse than
70.17% of 466 companies
in the Asset Management industry
Industry Median: 74.64 vs OSTO:STWK: 36.00

Stockwik Forvaltning AB's Days Payable declined from Mar. 2023 (40.54) to Mar. 2024 (36.50). It may suggest that Stockwik Forvaltning AB accelerated paying its suppliers.

Stockwik Forvaltning AB Days Payable Historical Data

The historical data trend for Stockwik Forvaltning 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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Stockwik Forvaltning AB Days Payable Chart

Stockwik Forvaltning AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.21

41.17

40.56

35.65

36.48

Stockwik Forvaltning 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															40.54	-	-	30.59	36.50

Competitive Comparison of Stockwik Forvaltning AB's Days Payable

For the Asset Management subindustry, Stockwik Forvaltning 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.

Stockwik Forvaltning AB's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Stockwik Forvaltning AB's Days Payable distribution charts can be found below:

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

Stockwik Forvaltning 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.

Stockwik Forvaltning 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
=	( (67	+	63.6)	/	2 )	/	653.4	*	365
=	65.3					/	653.4	*	365
=	36.48

Stockwik Forvaltning 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
=	( (63.6	+	0)	/	1 )	/	159	*	365 / 4
=	63.6					/	159	*	365 / 4
=	36.50

Stockwik Forvaltning AB Days Payable Related Terms

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

Stockwik Forvaltning AB (OSTO:STWK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stockwik Forvaltning AB (OSTO:STWK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Svetsarvaegen 8, uppgang D, 4 tr, Solna, SWE, 171 41

Website

http://www.stockwik.se

Stockwik Forvaltning AB is an investment company. The company invests in a portfolio of well-managed, stable and profitable, smaller Swedish companies.

Stockwik Forvaltning AB (OSTO:STWK) Headlines

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