Saunum Group AS (OTSE:SAUNA) Days Payable : 64.20 (As of Dec. 2023)

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What is Saunum Group AS Days Payable?

Saunum Group AS's average Accounts Payable for the six months ended in Dec. 2023 was €0.29 Mil. Saunum Group AS's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.83 Mil. Hence, Saunum Group AS's Days Payable for the six months ended in Dec. 2023 was 64.20.

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

OTSE:SAUNA' s Days Payable Range Over the Past 10 Years
Min: 62.06 Med: 133.51 Max: 304.17
Current: 79.4

During the past 5 years, Saunum Group AS's highest Days Payable was 304.17. The lowest was 62.06. And the median was 133.51.

OTSE:SAUNA's Days Payable is ranked better than
52.34% of 1645 companies
in the Construction industry
Industry Median: 75.38 vs OTSE:SAUNA: 79.40

Saunum Group AS's Days Payable declined from Dec. 2022 (156.50) to Dec. 2023 (64.20). It may suggest that Saunum Group AS accelerated paying its suppliers.

Saunum Group AS Days Payable Historical Data

The historical data trend for Saunum Group 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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Saunum Group AS Days Payable Chart

Saunum Group AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

304.17

133.51

62.06

153.17

84.86

Saunum Group AS Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				59.10	95.25	156.50	91.78	64.20

Competitive Comparison of Saunum Group AS's Days Payable

For the Building Products & Equipment subindustry, Saunum Group 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.

Saunum Group AS's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saunum Group AS's Days Payable distribution charts can be found below:

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

Saunum Group 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.

Saunum Group 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
=	( (0.404	+	0.3)	/	2 )	/	1.514	*	365
=	0.352					/	1.514	*	365
=	84.86

Saunum Group AS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.284	+	0.3)	/	2 )	/	0.83	*	365 / 2
=	0.292					/	0.83	*	365 / 2
=	64.20

Saunum Group AS Days Payable Related Terms

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Saunum Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saunum Group AS (OTSE:SAUNA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Suur-Paala 19, Harju county, Lasnamae District, Tallinn, EST, 11415

Website

https://www.saunum.com/et

Saunum Group AS is an Estonian company that develops and manufactures unique indoor sauna air conditioners and heaters with patented technology in the world. The main activity is the development, production, and so on of the mentioned devices. The company's products include Heaters, Air conditioners, Control devices, and salt balls.

Saunum Group AS Headlines

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