GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Toosla SA (XPAR:ALTOO) » Definitions » Days Payable

Toosla (XPAR:ALTOO) Days Payable : 4,877.06 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Toosla Days Payable?

Toosla's average Accounts Payable for the six months ended in Jun. 2024 was €13.68 Mil. Toosla's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.51 Mil. Hence, Toosla's Days Payable for the six months ended in Jun. 2024 was 4,877.06.

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

XPAR:ALTOO' s Days Payable Range Over the Past 10 Years
Min: 2265.2   Med: 4225.58   Max: 17662.41
Current: 2265.2

During the past 6 years, Toosla's highest Days Payable was 17662.41. The lowest was 2265.20. And the median was 4225.58.

XPAR:ALTOO's Days Payable is ranked better than
98.36% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs XPAR:ALTOO: 2265.20

Toosla's Days Payable increased from Jun. 2023 (2,358.72) to Jun. 2024 (4,877.06). It may suggest that Toosla delayed paying its suppliers.


Toosla Days Payable Historical Data

The historical data trend for Toosla'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.

* Premium members only.

Toosla Days Payable Chart

Toosla Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 4,225.58 - - 17,662.41 3,132.80

Toosla Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,371.44 25,782.98 2,358.72 1,525.54 4,877.06

Competitive Comparison of Toosla's Days Payable

For the Rental & Leasing Services subindustry, Toosla'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.


Toosla's Days Payable Distribution in the Business Services Industry

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

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



Toosla 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.

Toosla'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
=( (11.91 + 15.796) / 2 ) / 1.614*365
=13.853 / 1.614*365
=3,132.80

Toosla'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
=( (15.796 + 11.569) / 2 ) / 0.512*365 / 2
=13.6825 / 0.512*365 / 2
=4,877.06

* 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.


Toosla Days Payable Related Terms

Thank you for viewing the detailed overview of Toosla's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Toosla Business Description

Traded in Other Exchanges
N/A
Address
24 Rue des Compagnons, Cormontreuil, FRA, 51350
Toosla SA is specialized in short-term rental of vehicles. The company's business activity is carried out over a mobile platform that lets users rent vehicles online without going through an agency, and have their vehicle delivered to their home or pick it up at any time at one of the company's approved stations.

Toosla Headlines

No Headlines