Paran Solar Lighting AB (XSAT:PARA BTA) Days Payable : 42.95 (As of Mar. 2021)

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What is Paran Solar Lighting AB Days Payable?

Paran Solar Lighting AB's average Accounts Payable for the three months ended in Mar. 2021 was kr1.15 Mil. Paran Solar Lighting AB's Cost of Goods Sold for the three months ended in Mar. 2021 was kr2.44 Mil. Hence, Paran Solar Lighting AB's Days Payable for the three months ended in Mar. 2021 was 42.95.

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

XSAT:PARA BTA' s Days Payable Range Over the Past 10 Years
Min: 32.15 Med: 229.1 Max: 423.7
Current: 184.66

During the past 10 years, Paran Solar Lighting AB's highest Days Payable was 423.70. The lowest was 32.15. And the median was 229.10.

XSAT:PARA BTA's Days Payable is not ranked
in the Semiconductors industry.
Industry Median: 53.56 vs XSAT:PARA BTA: 184.66

Paran Solar Lighting AB's Days Payable increased from Mar. 2020 (0.00) to Mar. 2021 (42.95). It may suggest that Paran Solar Lighting AB delayed paying its suppliers.

Paran Solar Lighting AB Days Payable Historical Data

The historical data trend for Paran Solar Lighting 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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Paran Solar Lighting AB Days Payable Chart

Paran Solar Lighting AB Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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229.10

313.76

Paran Solar Lighting AB Quarterly Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Payable	Get a 7-Day Free Trial															-	-	-	208.26	42.95

Competitive Comparison of Paran Solar Lighting AB's Days Payable

For the Solar subindustry, Paran Solar Lighting 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.

Paran Solar Lighting AB's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Paran Solar Lighting AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Paran Solar Lighting AB's Days Payable falls into.

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Paran Solar Lighting 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.

Paran Solar Lighting AB's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (1.161	+	1.148)	/	2 )	/	-0.863	*	365
=	1.1545					/	-0.863	*	365
=	N/A

Paran Solar Lighting AB's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

	Days Payable (Q: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (1.148	+	0)	/	1 )	/	2.439	*	365 / 4
=	1.148					/	2.439	*	365 / 4
=	42.95

Paran Solar Lighting AB Days Payable Related Terms

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Paran Solar Lighting AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Paran Solar Lighting AB (XSAT:PARA BTA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Kampegatan 4C, Goteborg, SWE, 41104

Website

http://www.parans.com

Parans Solar Lighting AB is engaged in the development and sale of an environmental system that makes natural light available to indoor environments. Its products include receivers, cables, and luminaires.

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