Evolear AB (XSAT:EVOL) Days Payable : 399.38 (As of Dec. 2024)

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What is Evolear AB Days Payable?

Evolear AB's average Accounts Payable for the three months ended in Dec. 2024 was kr0.62 Mil. Evolear AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr0.14 Mil. Hence, Evolear AB's Days Payable for the three months ended in Dec. 2024 was 399.38.

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

XSAT:EVOL' s Days Payable Range Over the Past 10 Years
Min: 169.07 Med: 259.06 Max: 20221
Current: 332.94

During the past 8 years, Evolear AB's highest Days Payable was 20221.00. The lowest was 169.07. And the median was 259.06.

XSAT:EVOL's Days Payable is ranked better than
89.69% of 2551 companies
in the Software industry
Industry Median: 51.71 vs XSAT:EVOL: 332.94

Evolear AB's Days Payable increased from Dec. 2023 (203.81) to Dec. 2024 (399.38). It may suggest that Evolear AB delayed paying its suppliers.

Evolear AB Days Payable Historical Data

The historical data trend for Evolear 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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Evolear AB Days Payable Chart

Evolear AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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20,221.00

169.07

259.06

Evolear AB 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															203.81	322.67	340.53	351.34	399.38

Competitive Comparison of Evolear AB's Days Payable

For the Software - Application subindustry, Evolear 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.

Evolear AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Evolear AB's Days Payable distribution charts can be found below:

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

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Evolear 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.

Evolear AB'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
=	( (0.541	+	0.332)	/	2 )	/	0.615	*	365
=	0.4365					/	0.615	*	365
=	259.06

Evolear AB'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
=	( (0.911	+	0.332)	/	2 )	/	0.142	*	365 / 4
=	0.6215					/	0.142	*	365 / 4
=	399.38

Evolear AB Days Payable Related Terms

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Evolear AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Evolear AB (XSAT:EVOL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Karolinska Institutet Science Park, Fogdevreten 2, Solna, SWE, SE-171 65

Website

https://www.myfirstappsweden.com

Evolear AB is an ed-tech company that offers a wide range of educational games and applications through its brands Evolear, 10Monkeys, TalesTime and MyFirstApp worldwide. Its commitment is to promote children's learning and development in areas such as mathematics, language and cognitive skills, by providing fun and interactive tools adapted to different ages and developmental stages.