CoinShares International (OSTO:CS) Days Payable : 46.39 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is CoinShares International Days Payable?

CoinShares International's average Accounts Payable for the three months ended in Mar. 2024 was kr17.7 Mil. CoinShares International's Cost of Goods Sold for the three months ended in Mar. 2024 was kr34.9 Mil. Hence, CoinShares International's Days Payable for the three months ended in Mar. 2024 was 46.39.

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

OSTO:CS' s Days Payable Range Over the Past 10 Years
Min: 51.77 Med: 5565.72 Max: 12701.75
Current: 12139.72

During the past 6 years, CoinShares International's highest Days Payable was 12701.75. The lowest was 51.77. And the median was 5565.72.

OSTO:CS's Days Payable is ranked better than
96.16% of 521 companies
in the Capital Markets industry
Industry Median: 107.19 vs OSTO:CS: 12139.72

CoinShares International's Days Payable declined from Mar. 2023 (3,625.81) to Mar. 2024 (46.39). It may suggest that CoinShares International accelerated paying its suppliers.

CoinShares International Days Payable Historical Data

The historical data trend for CoinShares International'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.

CoinShares International Days Payable Chart

CoinShares International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

12,701.75

5,742.20

5,565.72

3,001.36

51.77

CoinShares International Quarterly Data
	Dec18	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															3,625.81	-	-	-	46.39

Competitive Comparison of CoinShares International's Days Payable

For the Capital Markets subindustry, CoinShares International'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.

CoinShares International's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CoinShares International's Days Payable distribution charts can be found below:

* The bar in red indicates where CoinShares International's Days Payable falls into.

CoinShares International 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.

CoinShares International'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
=	( (13.677	+	13.036)	/	2 )	/	94.162	*	365
=	13.3565					/	94.162	*	365
=	51.77

CoinShares International'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
=	( (13.036	+	22.463)	/	2 )	/	34.912	*	365 / 4
=	17.7495					/	34.912	*	365 / 4
=	46.39

CoinShares International Days Payable Related Terms

Thank you for viewing the detailed overview of CoinShares International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CoinShares International (OSTO:CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CoinShares International Ltd (OSTO:CS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CNSRF:USA 3TW:Germany

Address

2 Hill Street, 2nd Floor, Saint Helier, JEY, JE2 4UA

Website

https://www.coinshares.com

CoinShares International Ltd is the European digital asset manager that delivers a broad range of financial services across investment management, trading, securities, and consumer products to a wide array of clients that includes corporations, financial institutions, and individuals. The Group comprises four core operating segments; Asset Management, Capital Markets, Principal Investments, and Consumer Solutions. The company derives a majority of its revenue from the Asset management segment.