Envirologic AB (XSAT:ENVI B) Days Payable : 36.80 (As of Mar. 2024)

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What is Envirologic AB Days Payable?

Envirologic AB's average Accounts Payable for the three months ended in Mar. 2024 was kr3.36 Mil. Envirologic AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr8.34 Mil. Hence, Envirologic AB's Days Payable for the three months ended in Mar. 2024 was 36.80.

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

XSAT:ENVI B' s Days Payable Range Over the Past 10 Years
Min: 25.42 Med: 37.38 Max: 101.53
Current: 25.82

During the past 11 years, Envirologic AB's highest Days Payable was 101.53. The lowest was 25.42. And the median was 37.38.

XSAT:ENVI B's Days Payable is ranked worse than
91.97% of 2925 companies
in the Industrial Products industry
Industry Median: 76.67 vs XSAT:ENVI B: 25.82

Envirologic AB's Days Payable increased from Mar. 2023 (11.07) to Mar. 2024 (36.80). It may suggest that Envirologic AB delayed paying its suppliers.

Envirologic AB Days Payable Historical Data

The historical data trend for Envirologic 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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Envirologic AB Days Payable Chart

Envirologic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.93

32.43

39.70

34.66

25.42

Envirologic AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															11.07	-	-	37.95	36.80

Competitive Comparison of Envirologic AB's Days Payable

For the Specialty Industrial Machinery subindustry, Envirologic 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.

Envirologic AB's Days Payable Distribution in the Industrial Products Industry

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

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

Envirologic 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.

Envirologic 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
=	( (1.072	+	3.364)	/	2 )	/	31.848	*	365
=	2.218					/	31.848	*	365
=	25.42

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.364	+	0)	/	1 )	/	8.342	*	365 / 4
=	3.364					/	8.342	*	365 / 4
=	36.80

Envirologic AB Days Payable Related Terms

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Envirologic AB (XSAT:ENVI B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Envirologic AB (XSAT:ENVI B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fyrisvallsgatan 24, Uppsala, SWE, 752 28

Website

http://www.envirologic.se

Envirologic AB provides automatic washing robotic machinery which helps people reduce their work in poor working environments. Its products include Clever Cleaner, Compact Cleaner, Evo Cleaner, and Special Cleaners. The machines are widely used in melting houses, wind power plant, egg hatching factories among others.

Envirologic AB (XSAT:ENVI B) Headlines

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