MoveByBike Europe AB (XSAT:MBBAB) Days Payable : 18.37 (As of Mar. 2024)

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What is MoveByBike Europe AB Days Payable?

MoveByBike Europe AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4.25 Mil. MoveByBike Europe AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr21.11 Mil. Hence, MoveByBike Europe AB's Days Payable for the three months ended in Mar. 2024 was 18.37.

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

XSAT:MBBAB' s Days Payable Range Over the Past 10 Years
Min: 20.04 Med: 34.43 Max: 279.16
Current: 27.32

During the past 4 years, MoveByBike Europe AB's highest Days Payable was 279.16. The lowest was 20.04. And the median was 34.43.

XSAT:MBBAB's Days Payable is ranked worse than
70.06% of 932 companies
in the Transportation industry
Industry Median: 39.05 vs XSAT:MBBAB: 27.32

MoveByBike Europe AB's Days Payable declined from Dec. 2022 (28.04) to Mar. 2024 (18.37). It may suggest that MoveByBike Europe AB accelerated paying its suppliers.

MoveByBike Europe AB Days Payable Historical Data

The historical data trend for MoveByBike Europe 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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MoveByBike Europe AB Days Payable Chart

MoveByBike Europe AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

279.16

38.80

20.04

30.05

MoveByBike Europe AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial												28.04	19.82	15.09	18.00	18.37

Competitive Comparison of MoveByBike Europe AB's Days Payable

For the Integrated Freight & Logistics subindustry, MoveByBike Europe 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.

MoveByBike Europe AB's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MoveByBike Europe AB's Days Payable distribution charts can be found below:

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

MoveByBike Europe 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.

MoveByBike Europe 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
=	( (1.928	+	1.746)	/	2 )	/	22.315	*	365
=	1.837					/	22.315	*	365
=	30.05

MoveByBike Europe 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.794	+	6.705)	/	2 )	/	21.108	*	365 / 4
=	4.2495					/	21.108	*	365 / 4
=	18.37

MoveByBike Europe AB Days Payable Related Terms

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MoveByBike Europe AB (XSAT:MBBAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MoveByBike Europe AB (XSAT:MBBAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Byggmastaregatan 3, Malmo, SWE, 211 30

Website

https://www.movebybike.se

MoveByBike Europe AB is a Swedish transport and logistics company that offers a completely environmentally friendly delivery and distribution service. The company has developed a complete infrastructure for bicycle logistics with flexible, fast, cost-effective and environmentally friendly transport with deliveries at times and places chosen by the recipient.

MoveByBike Europe AB (XSAT:MBBAB) Headlines

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