Veteranpoolen AB (FRA:QI5) Days Payable : 3.83 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Veteranpoolen AB Days Payable?

Veteranpoolen AB's average Accounts Payable for the three months ended in Mar. 2024 was €0.22 Mil. Veteranpoolen AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €5.33 Mil. Hence, Veteranpoolen AB's Days Payable for the three months ended in Mar. 2024 was 3.83.

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

FRA:QI5' s Days Payable Range Over the Past 10 Years
Min: 3.62 Med: 5.89 Max: 8.69
Current: 3.62

During the past 7 years, Veteranpoolen AB's highest Days Payable was 8.69. The lowest was 3.62. And the median was 5.89.

FRA:QI5's Days Payable is ranked worse than
95.67% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs FRA:QI5: 3.62

Veteranpoolen AB's Days Payable declined from Mar. 2023 (4.46) to Mar. 2024 (3.83). It may suggest that Veteranpoolen AB accelerated paying its suppliers.

Veteranpoolen AB Days Payable Historical Data

The historical data trend for Veteranpoolen 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.

* Premium members only.

Veteranpoolen AB Days Payable Chart

Veteranpoolen AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

8.78

7.44

4.52

4.78

4.38

Veteranpoolen 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															4.46	2.55	2.73	10.59	3.83

Competitive Comparison of Veteranpoolen AB's Days Payable

For the Staffing & Employment Services subindustry, Veteranpoolen 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.

Veteranpoolen AB's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Veteranpoolen AB's Days Payable distribution charts can be found below:

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

Veteranpoolen 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.

Veteranpoolen 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
=	( (0.269	+	0.248)	/	2 )	/	21.523	*	365
=	0.2585					/	21.523	*	365
=	4.38

Veteranpoolen 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
=	( (0.248	+	0.199)	/	2 )	/	5.328	*	365 / 4
=	0.2235					/	5.328	*	365 / 4
=	3.83

Veteranpoolen AB Days Payable Related Terms

Thank you for viewing the detailed overview of Veteranpoolen AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Veteranpoolen AB (FRA:QI5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Veteranpoolen AB (FRA:QI5) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VPAB B:Sweden

Address

Hantverksgatan 30, Kungsbacka, SWE, 434 42

Website

https://www.veteranpoolen.se

Veteranpoolen AB is a Sweden-based company serving as an employer for retirees. The company offers various business services such as staffing, economics and administration, property management, sale and customer service, office, warehousing, logistics and industry, cleaning and others. In addition, it also provides private services including clean up, gardening supervision, carpentry, painting, putting windows or helping older in everyday life.

Veteranpoolen AB (FRA:QI5) Headlines

No Headlines