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Huddlestock Fintech AS (OSL:HUDL) Days Payable : 225.59 (As of Dec. 2023)


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What is Huddlestock Fintech AS Days Payable?

Huddlestock Fintech AS's average Accounts Payable for the three months ended in Dec. 2023 was kr8.10 Mil. Huddlestock Fintech AS's Cost of Goods Sold for the three months ended in Dec. 2023 was kr3.27 Mil. Hence, Huddlestock Fintech AS's Days Payable for the three months ended in Dec. 2023 was 225.59.

The historical rank and industry rank for Huddlestock Fintech AS's Days Payable or its related term are showing as below:

OSL:HUDL' s Days Payable Range Over the Past 10 Years
Min: 36.21   Med: 46.65   Max: 925.06
Current: 55.16

During the past 5 years, Huddlestock Fintech AS's highest Days Payable was 925.06. The lowest was 36.21. And the median was 46.65.

OSL:HUDL's Days Payable is ranked better than
52.35% of 2531 companies
in the Software industry
Industry Median: 50.36 vs OSL:HUDL: 55.16

Huddlestock Fintech AS's Days Payable increased from Sep. 2022 (33.15) to Dec. 2023 (225.59). It may suggest that Huddlestock Fintech AS delayed paying its suppliers.


Huddlestock Fintech AS Days Payable Historical Data

The historical data trend for Huddlestock Fintech AS'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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Huddlestock Fintech AS Days Payable Chart

Huddlestock Fintech AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 925.06 36.21 46.52 46.77

Huddlestock Fintech AS Quarterly Data
Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.15 49.60 26.51 32.22 225.59

Competitive Comparison of Huddlestock Fintech AS's Days Payable

For the Software - Application subindustry, Huddlestock Fintech AS'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.


Huddlestock Fintech AS's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Huddlestock Fintech AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Huddlestock Fintech AS's Days Payable falls into.



Huddlestock Fintech AS 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.

Huddlestock Fintech AS'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
=( (9.531 + 6.661) / 2 ) / 63.189*365
=8.096 / 63.189*365
=46.77

Huddlestock Fintech AS'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (9.532 + 6.661) / 2 ) / 3.275*365 / 4
=8.0965 / 3.275*365 / 4
=225.59

* 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.


Huddlestock Fintech AS Days Payable Related Terms

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Huddlestock Fintech AS (OSL:HUDL) Business Description

Traded in Other Exchanges
Address
Kanalsletta 2, Stavanger, NOR, 4033
Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform. It has two main products: Apex (Custody) and Bedrock (Connectivity).

Huddlestock Fintech AS (OSL:HUDL) Headlines

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