FOM Technologies A/S (OCSE:FOM) Days Payable : 29.36 (As of Dec. 2023)

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What is FOM Technologies A/S Days Payable?

FOM Technologies A/S's average Accounts Payable for the six months ended in Dec. 2023 was kr4.23 Mil. FOM Technologies A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr26.31 Mil. Hence, FOM Technologies A/S's Days Payable for the six months ended in Dec. 2023 was 29.36.

The historical rank and industry rank for FOM Technologies A/S's Days Payable or its related term are showing as below:

OCSE:FOM' s Days Payable Range Over the Past 10 Years
Min: 31 Med: 40.5 Max: 88.56
Current: 31

During the past 6 years, FOM Technologies A/S's highest Days Payable was 88.56. The lowest was 31.00. And the median was 40.50.

OCSE:FOM's Days Payable is ranked worse than
87.87% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs OCSE:FOM: 31.00

FOM Technologies A/S's Days Payable declined from Dec. 2022 (50.53) to Dec. 2023 (29.36). It may suggest that FOM Technologies A/S accelerated paying its suppliers.

FOM Technologies A/S Days Payable Historical Data

The historical data trend for FOM Technologies A/S'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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FOM Technologies A/S Days Payable Chart

FOM Technologies A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.40

43.64

42.60

36.31

34.08

FOM Technologies A/S Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						32.68	18.60	50.53	29.54	29.36

Competitive Comparison of FOM Technologies A/S's Days Payable

For the Specialty Industrial Machinery subindustry, FOM Technologies A/S'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.

FOM Technologies A/S's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where FOM Technologies A/S's Days Payable falls into.

FOM Technologies A/S 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.

FOM Technologies A/S'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
=	( (5.544	+	4.725)	/	2 )	/	54.997	*	365
=	5.1345					/	54.997	*	365
=	34.08

FOM Technologies A/S'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.742	+	4.725)	/	2 )	/	26.313	*	365 / 2
=	4.2335					/	26.313	*	365 / 2
=	29.36

FOM Technologies A/S Days Payable Related Terms

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FOM Technologies A/S (OCSE:FOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FOM Technologies A/S (OCSE:FOM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Artillerivej 86, 1, Copenhagen, DNK, 2300

Website

https://www.fomtechnologies.com

FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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