Climeon AB (Climeon AB) Days Payable : 119.07 (As of Mar. 2024)

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What is Climeon AB Days Payable?

Climeon AB's average Accounts Payable for the three months ended in Mar. 2024 was $1.41 Mil. Climeon AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.08 Mil. Hence, Climeon AB's Days Payable for the three months ended in Mar. 2024 was 119.07.

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

CLMOF' s Days Payable Range Over the Past 10 Years
Min: 71.08 Med: 380.93 Max: 10368.55
Current: 222.07

During the past 9 years, Climeon AB's highest Days Payable was 10368.55. The lowest was 71.08. And the median was 380.93.

CLMOF's Days Payable is ranked better than
75.45% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.22 vs CLMOF: 222.07

Climeon AB's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (119.07). It may suggest that Climeon AB delayed paying its suppliers.

Climeon AB Days Payable Historical Data

The historical data trend for Climeon 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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Climeon AB Days Payable Chart

Climeon AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.47

159.70

162.88

1,028.06

2,137.48

Climeon 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															-	-	124.89	1,653.60	119.07

Competitive Comparison of Climeon AB's Days Payable

For the Utilities - Renewable subindustry, Climeon 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.

Climeon AB's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Climeon AB's Days Payable distribution charts can be found below:

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

Climeon 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.

Climeon 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
=	( (1.171	+	2.085)	/	2 )	/	0.278	*	365
=	1.628					/	0.278	*	365
=	2,137.48

Climeon 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
=	( (2.085	+	0.731)	/	2 )	/	1.079	*	365 / 4
=	1.408					/	1.079	*	365 / 4
=	119.07

Climeon AB Days Payable Related Terms

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Climeon AB (Climeon AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Climeon AB (OTCPK:CLMOF) » Definitions » Days Payable

Traded in Other Exchanges

CLIME B:Sweden DCL:Germany

Address

Torshamnsgatan 44, Stockholm, SWE, SE-164 40

Website

https://www.climeon.com

Climeon AB operates in development and sales of technical solutions for the recycling and conversion of low-temperature heat into environmentally friendly and sustainable electricity. The company offers one product named Climeon Heat Power system which generates clean electricity from that heat, which is a waste heat recovery. Climeon operates in the following segments that are Geothermal, Industrial processes, power station and Maritime. The company operates in Sweden, Europe, North America, and Asia.

Climeon AB (Climeon AB) Headlines

From GuruFocus

Climeon AB (publ) To discuss investor meeting Call Transcript

By GuruFocus Research • 03-03-2024