XANO Industri AB (OSTO:XANO B) Days Payable : 31.69 (As of Mar. 2024)

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What is XANO Industri AB Days Payable?

XANO Industri AB's average Accounts Payable for the three months ended in Mar. 2024 was kr232 Mil. XANO Industri AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr667 Mil. Hence, XANO Industri AB's Days Payable for the three months ended in Mar. 2024 was 31.69.

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

OSTO:XANO B' s Days Payable Range Over the Past 10 Years
Min: 29.09 Med: 35.29 Max: 40.48
Current: 38.27

During the past 13 years, XANO Industri AB's highest Days Payable was 40.48. The lowest was 29.09. And the median was 35.29.

OSTO:XANO B's Days Payable is ranked worse than
81.7% of 2934 companies
in the Industrial Products industry
Industry Median: 76.415 vs OSTO:XANO B: 38.27

XANO Industri AB's Days Payable declined from Mar. 2023 (39.52) to Mar. 2024 (31.69). It may suggest that XANO Industri AB accelerated paying its suppliers.

XANO Industri AB Days Payable Historical Data

The historical data trend for XANO Industri 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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XANO Industri AB Days Payable Chart

XANO Industri AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.78

33.71

35.99

36.43

34.31

XANO Industri 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															39.52	41.36	-	32.15	31.69

Competitive Comparison of XANO Industri AB's Days Payable

For the Specialty Industrial Machinery subindustry, XANO Industri 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.

XANO Industri AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XANO Industri AB's Days Payable distribution charts can be found below:

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

XANO Industri 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.

XANO Industri 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
=	( (271.972	+	231.673)	/	2 )	/	2678.627	*	365
=	251.8225					/	2678.627	*	365
=	34.31

XANO Industri 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
=	( (231.673	+	0)	/	1 )	/	667	*	365 / 4
=	231.673					/	667	*	365 / 4
=	31.69

XANO Industri AB Days Payable Related Terms

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XANO Industri AB (OSTO:XANO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XANO Industri AB (OSTO:XANO B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

F4E:Germany

Address

Industrigatan 14 B, Jonkoping, SWE, 55302

Website

http://www.xano.se

XANO Industri AB develops, acquires and manages manufacturing businesses with products and systems with related services. Its subsidiaries are engaged in the business of manufacturing, and development of industrial products and automation equipment. The company's operations are divided into the Industrial solutions, Precision technology, and Rotational molding business units. It derives the majority of its revenues from the Industrial solutions business unit. The firm operates in the Nordic countries, Estonia, the Netherlands, Poland, China, and the United States.

XANO Industri AB (OSTO:XANO B) Headlines

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