ChromoGenics AB (OSTO:CHRO) Days Payable : 227.28 (As of Mar. 2024)

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What is ChromoGenics AB Days Payable?

ChromoGenics AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4.43 Mil. ChromoGenics AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1.78 Mil. Hence, ChromoGenics AB's Days Payable for the three months ended in Mar. 2024 was 227.28.

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

OSTO:CHRO' s Days Payable Range Over the Past 10 Years
Min: 45.44 Med: 101.18 Max: 441.01
Current: 441.01

During the past 9 years, ChromoGenics AB's highest Days Payable was 441.01. The lowest was 45.44. And the median was 101.18.

OSTO:CHRO's Days Payable is ranked better than
93.95% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs OSTO:CHRO: 441.01

ChromoGenics AB's Days Payable declined from Dec. 2022 (640.90) to Mar. 2024 (227.28). It may suggest that ChromoGenics AB accelerated paying its suppliers.

ChromoGenics AB Days Payable Historical Data

The historical data trend for ChromoGenics 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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ChromoGenics AB Days Payable Chart

ChromoGenics AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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101.18

89.40

335.43

182.27

199.83

ChromoGenics AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															640.90	209.10	1,555.20	1,576.58	227.28

Competitive Comparison of ChromoGenics AB's Days Payable

For the Building Products & Equipment subindustry, ChromoGenics 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.

ChromoGenics AB's Days Payable Distribution in the Construction Industry

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

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

ChromoGenics 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.

ChromoGenics AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (7.772	+	8.612)	/	2 )	/	14.963	*	365
=	8.192					/	14.963	*	365
=	199.83

ChromoGenics 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.77	+	5.087)	/	2 )	/	1.778	*	365 / 4
=	4.4285					/	1.778	*	365 / 4
=	227.28

ChromoGenics AB Days Payable Related Terms

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ChromoGenics AB (OSTO:CHRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ChromoGenics AB (OSTO:CHRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

384:Germany

Address

Ullforsgatan 15, Uppsala, SWE, 752 28

Website

http://www.chromogenics.com

ChromoGenics AB develops and produces dynamic glass with controllable optical properties in Sweden and internationally. The company offers ConverLight, an electrochromic glass, which provides UV protection for use in single glass pane and insulating glass unit solutions. This glass is suitable for new construction, reconstruction, and renovation and offers ultraviolet protection that reduces the risk of fading interiors.