FM Mattsson Mora Group AB (FRA:1FS0) Days Payable : 48.17 (As of Mar. 2024)

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What is FM Mattsson Mora Group AB Days Payable?

FM Mattsson Mora Group AB's average Accounts Payable for the three months ended in Mar. 2024 was €14.3 Mil. FM Mattsson Mora Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €27.1 Mil. Hence, FM Mattsson Mora Group AB's Days Payable for the three months ended in Mar. 2024 was 48.17.

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

FRA:1FS0' s Days Payable Range Over the Past 10 Years
Min: 45.91 Med: 52.3 Max: 70.82
Current: 54.72

During the past 10 years, FM Mattsson Mora Group AB's highest Days Payable was 70.82. The lowest was 45.91. And the median was 52.30.

FRA:1FS0's Days Payable is ranked worse than
66.5% of 1603 companies
in the Construction industry
Industry Median: 75.22 vs FRA:1FS0: 54.72

FM Mattsson Mora Group AB's Days Payable declined from Mar. 2023 (57.02) to Mar. 2024 (48.17). It may suggest that FM Mattsson Mora Group AB accelerated paying its suppliers.

FM Mattsson Mora Group AB Days Payable Historical Data

The historical data trend for FM Mattsson Mora 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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FM Mattsson Mora Group AB Days Payable Chart

FM Mattsson Mora Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.93

61.94

71.10

71.69

54.10

FM Mattsson Mora Group 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															57.02	-	-	48.58	48.17

Competitive Comparison of FM Mattsson Mora Group AB's Days Payable

For the Building Products & Equipment subindustry, FM Mattsson Mora 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.

FM Mattsson Mora Group AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, FM Mattsson Mora Group AB's Days Payable distribution charts can be found below:

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

FM Mattsson Mora 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.

FM Mattsson Mora Group 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
=	( (18.524	+	14.307)	/	2 )	/	110.743	*	365
=	16.4155					/	110.743	*	365
=	54.10

FM Mattsson Mora 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
=	( (14.307	+	0)	/	1 )	/	27.102	*	365 / 4
=	14.307					/	27.102	*	365 / 4
=	48.17

FM Mattsson Mora Group AB Days Payable Related Terms

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FM Mattsson Mora Group AB (FRA:1FS0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FM Mattsson Mora Group AB (FRA:1FS0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FMM B:Sweden

Address

Ostnorsvagen 95, P.O. Box 480, Mora, SWE, SE-792 27

Website

http://www.fmm-mora.se

FM Mattsson Mora Group AB is engaged in the sale, manufacture and product development of water tapes under the brands FM Mattsson, Mora Armatur and Damixa. The Nordic region is the group's main market.

FM Mattsson Mora Group AB (FRA:1FS0) Headlines

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