Grab2Go AS (OTSE:GRB2G) Days Payable : 319.38 (As of Jun. 2024)

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What is Grab2Go AS Days Payable?

Grab2Go AS's average Accounts Payable for the six months ended in Jun. 2024 was €0.01 Mil. Grab2Go AS's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.01 Mil. Hence, Grab2Go AS's Days Payable for the six months ended in Jun. 2024 was 319.38.

The historical rank and industry rank for Grab2Go AS's Days Payable or its related term are showing as below:

OTSE:GRB2G' s Days Payable Range Over the Past 10 Years
Min: 705.67 Med: 2342.09 Max: 2494.17
Current: 705.67

During the past 3 years, Grab2Go AS's highest Days Payable was 2494.17. The lowest was 705.67. And the median was 2342.09.

OTSE:GRB2G's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.46 vs OTSE:GRB2G: 705.67

Grab2Go AS's Days Payable declined from Jun. 2023 (4,927.50) to Jun. 2024 (319.38). It may suggest that Grab2Go AS accelerated paying its suppliers.

Grab2Go AS Days Payable Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Days Payable Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

2,190.00

2,494.17

Grab2Go AS Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			-	4,380.00	4,927.50	2,144.38	319.38

Competitive Comparison of Grab2Go AS's Days Payable

For the Business Equipment & Supplies subindustry, Grab2Go AS'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.

Grab2Go AS's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Days Payable falls into.

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Grab2Go AS 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.

Grab2Go AS'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
=	( (0.024	+	0.017)	/	2 )	/	0.003	*	365
=	0.0205					/	0.003	*	365
=	2,494.17

Grab2Go AS's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.017	+	0.011)	/	2 )	/	0.008	*	365 / 2
=	0.014					/	0.008	*	365 / 2
=	319.38

Grab2Go AS Days Payable Related Terms

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Grab2Go AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned, and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings, and a better consumer experience in the operation of convenience stores, pharmacies, and other similar points of sale. The company has developed a Cloud Platform to remotely manage and operate its Autonomous Stores in Real-Time. The company earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments), and software development.

Grab2Go AS Headlines

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