Westpay AB (OSTO:WPAY) Days Payable : 74.43 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Westpay AB Days Payable?

Westpay AB's average Accounts Payable for the three months ended in Dec. 2024 was kr7.86 Mil. Westpay AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr9.64 Mil. Hence, Westpay AB's Days Payable for the three months ended in Dec. 2024 was 74.43.

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

OSTO:WPAY' s Days Payable Range Over the Past 10 Years
Min: 49.21 Med: 81.28 Max: 100.98
Current: 68.37

During the past 13 years, Westpay AB's highest Days Payable was 100.98. The lowest was 49.21. And the median was 81.28.

OSTO:WPAY's Days Payable is ranked better than
58.22% of 2554 companies
in the Software industry
Industry Median: 51.74 vs OSTO:WPAY: 68.37

Westpay AB's Days Payable declined from Dec. 2023 (80.45) to Dec. 2024 (74.43). It may suggest that Westpay AB accelerated paying its suppliers.

Westpay AB Days Payable Historical Data

The historical data trend for Westpay 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.

Westpay AB Days Payable Chart

Westpay AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

57.08

49.21

90.57

100.98

62.26

Westpay AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															80.45	60.96	60.00	85.05	74.43

Competitive Comparison of Westpay AB's Days Payable

For the Software - Infrastructure subindustry, Westpay 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.

Westpay AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Westpay AB's Days Payable distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Westpay 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.

Westpay AB's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (6.362	+	6.29)	/	2 )	/	37.086	*	365
=	6.326					/	37.086	*	365
=	62.26

Westpay AB's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (9.431	+	6.29)	/	2 )	/	9.637	*	365 / 4
=	7.8605					/	9.637	*	365 / 4
=	74.43

Westpay AB Days Payable Related Terms

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

Westpay AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Westpay AB (OSTO:WPAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kanalvagen 14, 2tr, Upplands Vasby, Stockholm, SWE, 194 61

Website

http://www.westpay.se

Westpay AB provides smart transaction and payment solutions for merchant in-store as well as for the e-commerce and self-service markets. It also offers a complete solution for all types of payments and for all kinds of applications within various industries, such as retail, hotels and restaurants and retail banking sector.

Westpay AB Headlines

No Headlines