Synsam AB (OSTO:SYNSAM) Days Payable : 221.25 (As of Dec. 2023)

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What is Synsam AB Days Payable?

Synsam AB's average Accounts Payable for the three months ended in Dec. 2023 was kr837 Mil. Synsam AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr345 Mil. Hence, Synsam AB's Days Payable for the three months ended in Dec. 2023 was 221.25.

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

OSTO:SYNSAM' s Days Payable Range Over the Past 10 Years
Min: 153.39 Med: 183.91 Max: 217.84
Current: 217.84

During the past 6 years, Synsam AB's highest Days Payable was 217.84. The lowest was 153.39. And the median was 183.91.

OSTO:SYNSAM's Days Payable is ranked better than
83.14% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.99 vs OSTO:SYNSAM: 217.84

Synsam AB's Days Payable increased from Dec. 2022 (217.54) to Dec. 2023 (221.25). It may suggest that Synsam AB delayed paying its suppliers.

Synsam AB Days Payable Historical Data

The historical data trend for Synsam 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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Synsam AB Days Payable Chart

Synsam AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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156.56

173.08

194.74

204.19

204.32

Synsam AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											217.54	230.33	214.90	219.98	221.25

Competitive Comparison of Synsam AB's Days Payable

For the Medical Instruments & Supplies subindustry, Synsam 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.

Synsam AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Synsam AB's Days Payable distribution charts can be found below:

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

Synsam 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.

Synsam 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
=	( (728	+	892)	/	2 )	/	1447	*	365
=	810					/	1447	*	365
=	204.32

Synsam AB's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (781	+	892)	/	2 )	/	345	*	365 / 4
=	836.5					/	345	*	365 / 4
=	221.25

Synsam AB Days Payable Related Terms

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Synsam AB (OSTO:SYNSAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Synsam AB (OSTO:SYNSAM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9FZ:Germany

Address

Sankt Eriksgatan 60, Stockholm, SWE, 112 34

Website

https://www.synsamgroup.com

Synsam AB is a lifestyle company in optics and eye health in the Nordic region. The company offers a wide and innovative range of products in physical and digital stores. It also offers several subscription services as well as the opportunity to virtually try out entire range of glasses on mobile.

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