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XP Chemistries AB (OSTO:XPC) Days Payable : 3,715.59 (As of Mar. 2024)


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What is XP Chemistries AB Days Payable?

XP Chemistries AB's average Accounts Payable for the three months ended in Mar. 2024 was kr0.65 Mil. XP Chemistries AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.02 Mil. Hence, XP Chemistries AB's Days Payable for the three months ended in Mar. 2024 was 3,715.59.

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

OSTO:XPC' s Days Payable Range Over the Past 10 Years
Min: 871.62   Med: 879.12   Max: 5149.61
Current: 1597.81

During the past 5 years, XP Chemistries AB's highest Days Payable was 5149.61. The lowest was 871.62. And the median was 879.12.

OSTO:XPC's Days Payable is ranked better than
99.4% of 1501 companies
in the Chemicals industry
Industry Median: 60.44 vs OSTO:XPC: 1597.81

XP Chemistries AB's Days Payable increased from Mar. 2023 (625.49) to Mar. 2024 (3,715.59). It may suggest that XP Chemistries AB delayed paying its suppliers.


XP Chemistries AB Days Payable Historical Data

The historical data trend for XP Chemistries 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.

XP Chemistries AB Days Payable Chart

XP Chemistries AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- - 5,149.61 871.62 879.12

XP Chemistries AB Quarterly Data
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 625.49 748.11 4,679.10 2,253.29 3,715.59

Competitive Comparison of XP Chemistries AB's Days Payable

For the Chemicals subindustry, XP Chemistries 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.


XP Chemistries AB's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, XP Chemistries AB's Days Payable distribution charts can be found below:

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



XP Chemistries 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.

XP Chemistries 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
=( (0.888 + 0.692) / 2 ) / 0.328*365
=0.79 / 0.328*365
=879.12

XP Chemistries 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
=( (0.692 + 0.611) / 2 ) / 0.016*365 / 4
=0.6515 / 0.016*365 / 4
=3,715.59

* 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.


XP Chemistries AB Days Payable Related Terms

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XP Chemistries AB (OSTO:XPC) Business Description

Traded in Other Exchanges
N/A
Address
Storgatan 73F, Sundsvall, SWE, 852 33
XP Chemistries AB is an inventive biotechnology company that develops and patents novel nature inspired chemical processes for the production of high-quality and sustainable natural chemicals.

XP Chemistries AB (OSTO:XPC) Headlines

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