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Titania Holding AB (OSTO:TITA B) Days Payable : 1,199.65 (As of Mar. 2024)


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What is Titania Holding AB Days Payable?

Titania Holding AB's average Accounts Payable for the three months ended in Mar. 2024 was kr50.81 Mil. Titania Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3.87 Mil. Hence, Titania Holding AB's Days Payable for the three months ended in Mar. 2024 was 1,199.65.

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

OSTO:TITA B' s Days Payable Range Over the Past 10 Years
Min: 40.78   Med: 66.91   Max: 132.01
Current: 108.16

During the past 6 years, Titania Holding AB's highest Days Payable was 132.01. The lowest was 40.78. And the median was 66.91.

OSTO:TITA B's Days Payable is ranked better than
52.06% of 1579 companies
in the Real Estate industry
Industry Median: 99.39 vs OSTO:TITA B: 108.16

Titania Holding AB's Days Payable increased from Mar. 2023 (595.84) to Mar. 2024 (1,199.65). It may suggest that Titania Holding AB delayed paying its suppliers.


Titania Holding AB Days Payable Historical Data

The historical data trend for Titania Holding 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.

* Premium members only.

Titania Holding AB Days Payable Chart

Titania Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 132.01 115.54 59.26 74.56 53.87

Titania Holding AB Quarterly Data
Dec18 Dec19 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 595.84 - - 25.60 1,199.65

Competitive Comparison of Titania Holding AB's Days Payable

For the Real Estate - Development subindustry, Titania Holding 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.


Titania Holding AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Titania Holding AB's Days Payable distribution charts can be found below:

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



Titania Holding 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.

Titania Holding 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
=( (16.398 + 30.9) / 2 ) / 160.222*365
=23.649 / 160.222*365
=53.87

Titania Holding 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
=( (30.9 + 70.725) / 2 ) / 3.865*365 / 4
=50.8125 / 3.865*365 / 4
=1,199.65

* 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.


Titania Holding AB Days Payable Related Terms

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Titania Holding AB (OSTO:TITA B) Business Description

Traded in Other Exchanges
N/A
Address
Jakobsbergsgatan 22, Stockholm, SWE, 111 44
Titania Holding AB is a real estate company. Its business consists of project development, production and management. The company focuses on large-scale tenancy projects in the Stockholm region.

Titania Holding AB (OSTO:TITA B) Headlines

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