HomeMaid AB (XSAT:HOME B) Days Payable : 8.63 (As of Mar. 2024)

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What is HomeMaid AB Days Payable?

HomeMaid AB's average Accounts Payable for the three months ended in Mar. 2024 was kr9.3 Mil. HomeMaid AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr98.0 Mil. Hence, HomeMaid AB's Days Payable for the three months ended in Mar. 2024 was 8.63.

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

XSAT:HOME B' s Days Payable Range Over the Past 10 Years
Min: 6.25 Med: 8.23 Max: 13.24
Current: 8.97

During the past 13 years, HomeMaid AB's highest Days Payable was 13.24. The lowest was 6.25. And the median was 8.23.

XSAT:HOME B's Days Payable is ranked worse than
89.9% of 99 companies
in the Personal Services industry
Industry Median: 30.27 vs XSAT:HOME B: 8.97

HomeMaid AB's Days Payable declined from Mar. 2023 (9.67) to Mar. 2024 (8.63). It may suggest that HomeMaid AB accelerated paying its suppliers.

HomeMaid AB Days Payable Historical Data

The historical data trend for HomeMaid 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.

* Premium members only.

HomeMaid AB Days Payable Chart

HomeMaid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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7.89

6.37

8.54

8.94

8.33

HomeMaid 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															9.67	10.04	9.34	7.71	8.63

Competitive Comparison of HomeMaid AB's Days Payable

For the Personal Services subindustry, HomeMaid 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.

HomeMaid AB's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, HomeMaid AB's Days Payable distribution charts can be found below:

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

HomeMaid 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.

HomeMaid 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
=	( (7.487	+	9.059)	/	2 )	/	362.613	*	365
=	8.273					/	362.613	*	365
=	8.33

HomeMaid 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
=	( (9.059	+	9.478)	/	2 )	/	97.995	*	365 / 4
=	9.2685					/	97.995	*	365 / 4
=	8.63

HomeMaid AB Days Payable Related Terms

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HomeMaid AB (XSAT:HOME B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » HomeMaid AB (XSAT:HOME B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 17, Halmstad, SWE, 30246

Website

http://www.homemaid.se

HomeMaid AB offers maintenance services for the home. Its services include house cleaning, stay cleaning, storstadning, window, display cleaning, and company cleaning.

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