Nilfisk Holding A/S (OCSE:NLFSK) Days Payable : 76.22 (As of Mar. 2024)

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What is Nilfisk Holding A/S Days Payable?

Nilfisk Holding A/S's average Accounts Payable for the three months ended in Mar. 2024 was kr939 Mil. Nilfisk Holding A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,124 Mil. Hence, Nilfisk Holding A/S's Days Payable for the three months ended in Mar. 2024 was 76.22.

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

OCSE:NLFSK' s Days Payable Range Over the Past 10 Years
Min: 67.41 Med: 70.79 Max: 79.67
Current: 70.54

During the past 10 years, Nilfisk Holding A/S's highest Days Payable was 79.67. The lowest was 67.41. And the median was 70.79.

OCSE:NLFSK's Days Payable is ranked worse than
54.77% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs OCSE:NLFSK: 70.54

Nilfisk Holding A/S's Days Payable increased from Mar. 2023 (68.26) to Mar. 2024 (76.22). It may suggest that Nilfisk Holding A/S delayed paying its suppliers.

Nilfisk Holding A/S Days Payable Historical Data

The historical data trend for Nilfisk Holding 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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Nilfisk Holding A/S Days Payable Chart

Nilfisk Holding A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.52

79.67

72.68

70.19

70.63

Nilfisk Holding A/S 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															68.26	63.96	68.91	70.82	76.22

Competitive Comparison of Nilfisk Holding A/S's Days Payable

For the Specialty Industrial Machinery subindustry, Nilfisk Holding 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.

Nilfisk Holding A/S's Days Payable Distribution in the Industrial Products Industry

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

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

Nilfisk Holding 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.

Nilfisk Holding 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
=	( (842.153	+	920.499)	/	2 )	/	4554.795	*	365
=	881.326					/	4554.795	*	365
=	70.63

Nilfisk Holding A/S'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
=	( (920.499	+	956.644)	/	2 )	/	1123.665	*	365 / 4
=	938.5715					/	1123.665	*	365 / 4
=	76.22

Nilfisk Holding A/S Days Payable Related Terms

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Nilfisk Holding A/S (OCSE:NLFSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nilfisk Holding A/S (OCSE:NLFSK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0RUZ:UK NF1:Germany

Address

Kornmarksvej 1, Brondby, DNK, DK-2605

Website

https://www.nilfisk.com

Nilfisk Holding A/S through its subsidiaries manufactures and produces cleaning equipment. The product offered by the group includes floor-cleaning machines, high-pressure cleaners, industrial vacuum cleaners, and outdoor cleaning equipment. In addition, the firm also provides after-sales service for the professional cleaning industry. The operating segments of the organization are Europe, Americas, APAC, Consumer, Private Label and other. Geographically the activities are carried out throughout the region of Denmark.

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