Carasent ASA (OSL:CARA) Days Payable : 151.72 (As of Mar. 2024)

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What is Carasent ASA Days Payable?

Carasent ASA's average Accounts Payable for the three months ended in Mar. 2024 was kr17.7 Mil. Carasent ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr10.7 Mil. Hence, Carasent ASA's Days Payable for the three months ended in Mar. 2024 was 151.72.

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

OSL:CARA' s Days Payable Range Over the Past 10 Years
Min: 33.66 Med: 104.15 Max: 157.41
Current: 118.29

During the past 13 years, Carasent ASA's highest Days Payable was 157.41. The lowest was 33.66. And the median was 104.15.

OSL:CARA's Days Payable is ranked better than
71.31% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.91 vs OSL:CARA: 118.29

Carasent ASA's Days Payable increased from Mar. 2023 (129.98) to Mar. 2024 (151.72). It may suggest that Carasent ASA delayed paying its suppliers.

Carasent ASA Days Payable Historical Data

The historical data trend for Carasent ASA'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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Carasent ASA Days Payable Chart

Carasent ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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109.77

90.00

104.15

157.41

144.31

Carasent ASA 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															129.98	93.00	100.76	115.39	151.72

Competitive Comparison of Carasent ASA's Days Payable

For the Health Information Services subindustry, Carasent ASA'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.

Carasent ASA's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Carasent ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Carasent ASA's Days Payable falls into.

Carasent ASA 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.

Carasent ASA'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
=	( (20.245	+	16.301)	/	2 )	/	46.216	*	365
=	18.273					/	46.216	*	365
=	144.31

Carasent ASA'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
=	( (16.301	+	19.168)	/	2 )	/	10.666	*	365 / 4
=	17.7345					/	10.666	*	365 / 4
=	151.72

Carasent ASA Days Payable Related Terms

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Carasent ASA (OSL:CARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Carasent ASA (OSL:CARA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

APPO:Sweden C34:Germany

Address

Ovre Slottsgate 2B, Oslo, NOR, 0157

Website

https://www.carasent.com

Carasent ASA is an investment management company that provides services to businesses that develop entrepreneurial and e-health solutions. The company has a system called 'Webdoc' a cloud-based medical record system with integrated add-on services for the private and public health care industry.