Alimak Group AB (OSTO:ALIG) Days Payable : 39.16 (As of Mar. 2024)

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What is Alimak Group AB Days Payable?

Alimak Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr446 Mil. Alimak Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,038 Mil. Hence, Alimak Group AB's Days Payable for the three months ended in Mar. 2024 was 39.16.

The historical rank and industry rank for Alimak Group AB's Days Payable or its related term are showing as below:

OSTO:ALIG' s Days Payable Range Over the Past 10 Years
Min: 38.57 Med: 47.32 Max: 52.5
Current: 39.75

During the past 13 years, Alimak Group AB's highest Days Payable was 52.50. The lowest was 38.57. And the median was 47.32.

OSTO:ALIG's Days Payable is ranked worse than
79.88% of 2933 companies
in the Industrial Products industry
Industry Median: 76.43 vs OSTO:ALIG: 39.75

Alimak Group AB's Days Payable declined from Mar. 2023 (41.19) to Mar. 2024 (39.16). It may suggest that Alimak Group AB accelerated paying its suppliers.

Alimak Group AB Days Payable Historical Data

The historical data trend for Alimak Group AB'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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Alimak Group AB Days Payable Chart

Alimak Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.12

41.70

39.99

47.52

38.57

Alimak Group AB 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															41.19	39.34	41.10	39.21	39.16

Competitive Comparison of Alimak Group AB's Days Payable

For the Specialty Industrial Machinery subindustry, Alimak Group AB'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.

Alimak Group AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alimak Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Alimak Group AB's Days Payable falls into.

Alimak Group AB 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.

Alimak Group AB'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
=	( (468	+	436)	/	2 )	/	4277	*	365
=	452					/	4277	*	365
=	38.57

Alimak Group AB'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
=	( (436	+	455)	/	2 )	/	1038	*	365 / 4
=	445.5					/	1038	*	365 / 4
=	39.16

Alimak Group AB Days Payable Related Terms

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Alimak Group AB (OSTO:ALIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alimak Group AB (OSTO:ALIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0R8W:UK 2GP:Germany

Address

Blekholmstorget 30, Stockholm, SWE, SE-111 64

Website

https://www.alimakgroup.com

Alimak Group AB provides vertical access solutions to the permanently and temporarily installed products designed for residential, industrial, commercial and construction applications. The company has five segments, Facade Access, Construction, Height Safety and Productivity solutions, Industrial and Wind. The Group operates in various countries and all operating segments are represented in the geographical regions of Europe, Asia and Australia, South and North America and Other Markets. The Group develops, manufactures, sells and services various solutions with a focus on adding customer value through enhanced safety, higher productivity and improved cost efficiency. The products and solutions are sold under the brands Alimak, Tractel, CoxGomyl, Manntech, Avanti and Scanclimber.

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