YIT Oyj (OHEL:YIT) Days Payable : 332.07 (As of Mar. 2024)

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What is YIT Oyj Days Payable?

YIT Oyj's average Accounts Payable for the three months ended in Mar. 2024 was €353 Mil. YIT Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €97 Mil. Hence, YIT Oyj's Days Payable for the three months ended in Mar. 2024 was 332.07.

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

OHEL:YIT' s Days Payable Range Over the Past 10 Years
Min: 107.4 Med: 145.08 Max: 360.48
Current: 360.48

During the past 13 years, YIT Oyj's highest Days Payable was 360.48. The lowest was 107.40. And the median was 145.08.

OHEL:YIT's Days Payable is ranked better than
91.77% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs OHEL:YIT: 360.48

YIT Oyj's Days Payable declined from Mar. 2023 (1,178.38) to Mar. 2024 (332.07). It may suggest that YIT Oyj accelerated paying its suppliers.

YIT Oyj Days Payable Historical Data

The historical data trend for YIT Oyj'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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YIT Oyj Days Payable Chart

YIT Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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128.58

139.90

107.40

227.16

198.01

YIT Oyj 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															1,178.38	683.11	309.27	241.39	332.07

Competitive Comparison of YIT Oyj's Days Payable

For the Engineering & Construction subindustry, YIT Oyj'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.

YIT Oyj's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, YIT Oyj's Days Payable distribution charts can be found below:

* The bar in red indicates where YIT Oyj's Days Payable falls into.

YIT Oyj 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.

YIT Oyj'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
=	( (215	+	219)	/	2 )	/	400	*	365
=	217					/	400	*	365
=	198.01

YIT Oyj'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
=	( (219	+	487)	/	2 )	/	97	*	365 / 4
=	353					/	97	*	365 / 4
=	332.07

YIT Oyj Days Payable Related Terms

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YIT Oyj (OHEL:YIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » YIT Oyj (OHEL:YIT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YITYY:USA YITh:UK 0GKA:UK YIT:Germany

Address

Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620

Website

https://www.yitgroup.com

YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.

YIT Oyj (OHEL:YIT) Headlines

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