InfraCom Group AB (XSAT:INFRA) Days Payable : 26.98 (As of Mar. 2024)

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What is InfraCom Group AB Days Payable?

InfraCom Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr46.2 Mil. InfraCom Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr156.3 Mil. Hence, InfraCom Group AB's Days Payable for the three months ended in Mar. 2024 was 26.98.

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

XSAT:INFRA' s Days Payable Range Over the Past 10 Years
Min: 21.22 Med: 30.81 Max: 678.96
Current: 21.22

During the past 10 years, InfraCom Group AB's highest Days Payable was 678.96. The lowest was 21.22. And the median was 30.81.

XSAT:INFRA's Days Payable is ranked worse than
77.47% of 2525 companies
in the Software industry
Industry Median: 49.58 vs XSAT:INFRA: 21.22

InfraCom Group AB's Days Payable declined from Mar. 2023 (27.96) to Mar. 2024 (26.98). It may suggest that InfraCom Group AB accelerated paying its suppliers.

InfraCom Group AB Days Payable Historical Data

The historical data trend for InfraCom Group 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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InfraCom Group AB Days Payable Chart

InfraCom Group AB Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Days Payable

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57.20

30.81

23.05

25.69

InfraCom Group AB Quarterly Data
	Mar19	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															27.96	16.81	22.14	21.25	26.98

Competitive Comparison of InfraCom Group AB's Days Payable

For the Software - Infrastructure subindustry, InfraCom Group 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.

InfraCom Group AB's Days Payable Distribution in the Software Industry

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

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

InfraCom Group 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.

InfraCom Group AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (12.214	+	22.667)	/	2 )	/	247.783	*	365
=	17.4405					/	247.783	*	365
=	25.69

InfraCom Group 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
=	( (48.129	+	44.305)	/	2 )	/	156.328	*	365 / 4
=	46.217					/	156.328	*	365 / 4
=	26.98

InfraCom Group AB Days Payable Related Terms

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InfraCom Group AB (XSAT:INFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InfraCom Group AB (XSAT:INFRA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gamlestadsvagen 1, Gothenburg, SWE, 415 02

Website

http://www.infracom.se

InfraCom Group AB owns, operates and develops cloud-based IT (information technology) services. Its business activities are divided into four divisions including cloud-based telephony, cloud-based IT operations, hosting and data communications and internet access. The Cloud-based Telephony business area offers a broad spectrum of Cloud-based telephony services through the proprietary Weblink Unified 2.0 platform. Cloud-based IT operations connect IT infrastructure as a service and offer customers login and control through a web portal. Hosting offers InfraCom infrastructure for server and data management. Data communication and Internet access offer connections to the Internet between geographical locations and premises.

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