Zalaris ASA (OSTO:ZALO) Days Payable : 25.79 (As of Mar. 2024)

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What is Zalaris ASA Days Payable?

Zalaris ASA's average Accounts Payable for the three months ended in Mar. 2024 was kr35 Mil. Zalaris ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr126 Mil. Hence, Zalaris ASA's Days Payable for the three months ended in Mar. 2024 was 25.79.

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

OSTO:ZALo' s Days Payable Range Over the Past 10 Years
Min: 20.68 Med: 27.45 Max: 32.54
Current: 25.4

During the past 13 years, Zalaris ASA's highest Days Payable was 32.54. The lowest was 20.68. And the median was 27.45.

OSTO:ZALo's Days Payable is ranked worse than
72.72% of 920 companies
in the Business Services industry
Industry Median: 47.92 vs OSTO:ZALo: 25.40

Zalaris ASA's Days Payable declined from Mar. 2023 (33.20) to Mar. 2024 (25.79). It may suggest that Zalaris ASA accelerated paying its suppliers.

Zalaris ASA Days Payable Historical Data

The historical data trend for Zalaris ASA'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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Zalaris ASA Days Payable Chart

Zalaris ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.23

26.15

21.52

29.64

32.54

Zalaris ASA 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															33.20	23.91	24.88	26.21	25.79

Competitive Comparison of Zalaris ASA's Days Payable

For the Staffing & Employment Services subindustry, Zalaris ASA'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.

Zalaris ASA's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Zalaris ASA's Days Payable falls into.

Zalaris ASA 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.

Zalaris ASA'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
=	( (45.407	+	38.159)	/	2 )	/	468.624	*	365
=	41.783					/	468.624	*	365
=	32.54

Zalaris ASA'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
=	( (38.159	+	32.824)	/	2 )	/	125.591	*	365 / 4
=	35.4915					/	125.591	*	365 / 4
=	25.79

Zalaris ASA Days Payable Related Terms

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Zalaris ASA (OSTO:ZALO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zalaris ASA (OSTO:ZALo) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZAL:Norway

Address

Hoffsveien 4, Oslo, NOR, NO-0275

Website

https://www.zalaris.com

Zalaris ASA is engaged in delivering full-service outsourced personnel and payroll services. The company has two reportable segments that are Managed Services and Professional Services. Managed services include payroll and HR outsourcing services, as well as related cloud system solutions and services. Professional Services include deliveries of change projects based on Zalaris templates or implementation of customer-specific functionality. Managed services contribute to the majority of the revenue. The company operates in Norway, Northern Europe, Central Europe, the United Kingdom, Ireland and APAC.

Zalaris ASA (OSTO:ZALO) Headlines

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