TMRAF (Tomra Systems ASA) Days Payable : 28.51 (As of Dec. 2024)

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What is Tomra Systems ASA Days Payable?

Tomra Systems ASA's average Accounts Payable for the three months ended in Dec. 2024 was $71 Mil. Tomra Systems ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was $227 Mil. Hence, Tomra Systems ASA's Days Payable for the three months ended in Dec. 2024 was 28.51.

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

TMRAF' s Days Payable Range Over the Past 10 Years
Min: 30.47 Med: 53.09 Max: 62.49
Current: 30.47

During the past 13 years, Tomra Systems ASA's highest Days Payable was 62.49. The lowest was 30.47. And the median was 53.09.

TMRAF's Days Payable is ranked worse than
77.02% of 235 companies
in the Waste Management industry
Industry Median: 70.98 vs TMRAF: 30.47

Tomra Systems ASA's Days Payable increased from Dec. 2023 (28.42) to Dec. 2024 (28.51). It may suggest that Tomra Systems ASA delayed paying its suppliers.

Tomra Systems ASA Days Payable Historical Data

The historical data trend for Tomra Systems 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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Tomra Systems ASA Days Payable Chart

Tomra Systems ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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49.58

50.85

49.81

46.88

46.33

Tomra Systems ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															28.42	34.95	27.62	30.66	28.51

Competitive Comparison of Tomra Systems ASA's Days Payable

For the Waste Management subindustry, Tomra Systems 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.

Tomra Systems ASA's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Days Payable distribution charts can be found below:

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

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Tomra Systems 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.

Tomra Systems ASA's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (80.153	+	64.293)	/	2 )	/	569.005	*	365
=	72.223					/	569.005	*	365
=	46.33

Tomra Systems ASA's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (77.691	+	64.293)	/	2 )	/	227.225	*	365 / 4
=	70.992					/	227.225	*	365 / 4
=	28.51

Tomra Systems ASA Days Payable Related Terms

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Tomra Systems ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (OTCPK:TMRAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TMRAY:USA TOMo:Sweden TOM:Norway TOMo:UK 0KV7:UK TMRA:Germany

Address

Drengsrudhagen 2, Asker, NOR, 1385

Website

https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe (excluding Northern Europe), followed by Northern Europe, America, Asia, and Oceania.