Tele2 AB (STU:NCY) Days Payable : 46.62 (As of Sep. 2024)

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What is Tele2 AB Days Payable?

Tele2 AB's average Accounts Payable for the three months ended in Sep. 2024 was €185 Mil. Tele2 AB's Cost of Goods Sold for the three months ended in Sep. 2024 was €362 Mil. Hence, Tele2 AB's Days Payable for the three months ended in Sep. 2024 was 46.62.

The historical rank and industry rank for Tele2 AB's Days Payable or its related term are showing as below:

STU:NCY' s Days Payable Range Over the Past 10 Years
Min: 41.22 Med: 61.85 Max: 92.85
Current: 45.55

During the past 13 years, Tele2 AB's highest Days Payable was 92.85. The lowest was 41.22. And the median was 61.85.

STU:NCY's Days Payable is ranked worse than
78.61% of 346 companies
in the Telecommunication Services industry
Industry Median: 107.52 vs STU:NCY: 45.55

Tele2 AB's Days Payable increased from Sep. 2023 (43.00) to Sep. 2024 (46.62). It may suggest that Tele2 AB delayed paying its suppliers.

Tele2 AB Days Payable Historical Data

The historical data trend for Tele2 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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Tele2 AB Days Payable Chart

Tele2 AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.61

40.63

43.27

46.61

46.83

Tele2 AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															43.00	41.80	47.53	47.60	46.62

Competitive Comparison of Tele2 AB's Days Payable

For the Telecom Services subindustry, Tele2 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.

Tele2 AB's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Days Payable falls into.

Tele2 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.

Tele2 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
=	( (196.932	+	199.624)	/	2 )	/	1545.497	*	365
=	198.278					/	1545.497	*	365
=	46.83

Tele2 AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (198.078	+	171.85)	/	2 )	/	362.021	*	365 / 4
=	184.964					/	362.021	*	365 / 4
=	46.62

Tele2 AB Days Payable Related Terms

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Tele2 AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tele2 AB (STU:NCY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TLTZY:USA TLTZF:USA TEL2 B:Sweden TEL2 A:Sweden TEL2Bs:UK 0QE6:UK

Address

Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494

Website

https://www.tele2.com

Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.

Tele2 AB Headlines

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