poLight ASA (OSL:PLT) Days Payable : 238.86 (As of Dec. 2023)

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What is poLight ASA Days Payable?

poLight ASA's average Accounts Payable for the three months ended in Dec. 2023 was kr5.72 Mil. poLight ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr2.19 Mil. Hence, poLight ASA's Days Payable for the three months ended in Dec. 2023 was 238.86.

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

OSL:PLT' s Days Payable Range Over the Past 10 Years
Min: 282.22 Med: 807.92 Max: 3539.86
Current: 282.22

During the past 10 years, poLight ASA's highest Days Payable was 3539.86. The lowest was 282.22. And the median was 807.92.

OSL:PLT's Days Payable is ranked better than
95.13% of 2421 companies
in the Hardware industry
Industry Median: 67.87 vs OSL:PLT: 282.22

poLight ASA's Days Payable declined from Dec. 2022 (527.68) to Dec. 2023 (238.86). It may suggest that poLight ASA accelerated paying its suppliers.

poLight ASA Days Payable Historical Data

The historical data trend for poLight 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.

* Premium members only.

poLight ASA Days Payable Chart

poLight ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,479.35

807.92

282.45

572.16

291.06

poLight ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															527.68	212.39	234.36	1,417.29	238.86

Competitive Comparison of poLight ASA's Days Payable

For the Electronic Components subindustry, poLight 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.

poLight ASA's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, poLight ASA's Days Payable distribution charts can be found below:

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

poLight 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.

poLight 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
=	( (10.612	+	5.893)	/	2 )	/	10.349	*	365
=	8.2525					/	10.349	*	365
=	291.06

poLight ASA'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
=	( (5.546	+	5.893)	/	2 )	/	2.185	*	365 / 4
=	5.7195					/	2.185	*	365 / 4
=	238.86

poLight ASA Days Payable Related Terms

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poLight ASA (OSL:PLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » poLight ASA (OSL:PLT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3OL0:Germany

Address

Innlaget 230, Skoppum, NOR, N-3185

Website

https://www.polight.com

poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company is specialized in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. Its geographical segments are the United States, Asia, and Europe.

poLight ASA (OSL:PLT) Headlines

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