NIBE Industrier AB (XSWX:NIBEB) Days Payable : 38.63 (As of Dec. 2023)

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What is NIBE Industrier AB Days Payable?

NIBE Industrier AB's average Accounts Payable for the three months ended in Dec. 2023 was CHF277 Mil. NIBE Industrier AB's Cost of Goods Sold for the three months ended in Dec. 2023 was CHF655 Mil. Hence, NIBE Industrier AB's Days Payable for the three months ended in Dec. 2023 was 38.63.

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

XSWX:NIBEB' s Days Payable Range Over the Past 10 Years
Min: 34.55 Med: 38.15 Max: 45.59
Current: 43.13

During the past 13 years, NIBE Industrier AB's highest Days Payable was 45.59. The lowest was 34.55. And the median was 38.15.

XSWX:NIBEB's Days Payable is ranked worse than
76.51% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs XSWX:NIBEB: 43.13

NIBE Industrier AB's Days Payable declined from Dec. 2022 (47.51) to Dec. 2023 (38.63). It may suggest that NIBE Industrier AB accelerated paying its suppliers.

NIBE Industrier AB Days Payable Historical Data

The historical data trend for NIBE Industrier 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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NIBE Industrier AB Days Payable Chart

NIBE Industrier AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.13

38.01

43.46

48.00

44.67

NIBE Industrier AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															47.51	48.37	-	-	38.63

Competitive Comparison of NIBE Industrier AB's Days Payable

For the Building Products & Equipment subindustry, NIBE Industrier 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.

NIBE Industrier AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Days Payable distribution charts can be found below:

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

NIBE Industrier 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.

NIBE Industrier 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
=	( (362.837	+	277.458)	/	2 )	/	2615.747	*	365
=	320.1475					/	2615.747	*	365
=	44.67

NIBE Industrier AB's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	277.458)	/	1 )	/	655.328	*	365 / 4
=	277.458					/	655.328	*	365 / 4
=	38.63

NIBE Industrier AB Days Payable Related Terms

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NIBE Industrier AB (XSWX:NIBEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NIBE Industrier AB (XSWX:NIBEB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NIABY:USA NDRBF:USA NIBE B:Sweden NIBEBs:UK 0RH0:UK NJB:Germany

Address

Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21

Website

https://www.nibe.com

NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

NIBE Industrier AB (XSWX:NIBEB) Headlines

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