Volati AB (OSTO:VOLO) Days Payable : 56.56 (As of Mar. 2024)

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What is Volati AB Days Payable?

Volati AB's average Accounts Payable for the three months ended in Mar. 2024 was kr652 Mil. Volati AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,051 Mil. Hence, Volati AB's Days Payable for the three months ended in Mar. 2024 was 56.56.

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

OSTO:VOLO' s Days Payable Range Over the Past 10 Years
Min: 48.27 Med: 66.31 Max: 84.13
Current: 55.13

During the past 12 years, Volati AB's highest Days Payable was 84.13. The lowest was 48.27. And the median was 66.31.

OSTO:VOLO's Days Payable is ranked worse than
53.91% of 473 companies
in the Conglomerates industry
Industry Median: 59.54 vs OSTO:VOLO: 55.13

Volati AB's Days Payable declined from Mar. 2023 (58.34) to Mar. 2024 (56.56). It may suggest that Volati AB accelerated paying its suppliers.

Volati AB Days Payable Historical Data

The historical data trend for Volati 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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Volati AB Days Payable Chart

Volati AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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70.18

84.13

65.56

51.71

48.27

Volati 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															58.34	50.87	57.68	52.66	56.56

Competitive Comparison of Volati AB's Days Payable

For the Conglomerates subindustry, Volati 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.

Volati AB's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Volati AB's Days Payable distribution charts can be found below:

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

Volati 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.

Volati 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
=	( (690	+	577)	/	2 )	/	4790	*	365
=	633.5					/	4790	*	365
=	48.27

Volati 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
=	( (577	+	726)	/	2 )	/	1051	*	365 / 4
=	651.5					/	1051	*	365 / 4
=	56.56

Volati AB Days Payable Related Terms

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Volati AB (OSTO:VOLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Volati AB (OSTO:VOLO) » Definitions » Days Payable

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VOLO PREF:Sweden 0RKK:UK VOG:Germany

Address

Engelbrektsplan 1, Stockholm, SWE, SE-114 34

Website

https://www.volati.se

Volati AB is a Swedish industrial company acquiring companies at reasonable valuations and developing those with a focus on long-term value creation. Its business model is based on reinvesting the cash flow generated in the Group's companies in new acquisitions and developing its existing operations. The company is an industrial group comprising ten business units, organized in the two business areas Salix Group and Industry.

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