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Ependion AB (OSTO:EPEN) Days Payable : 56.64 (As of Mar. 2024)


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What is Ependion AB Days Payable?

Ependion AB's average Accounts Payable for the three months ended in Mar. 2024 was kr186 Mil. Ependion AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr299 Mil. Hence, Ependion AB's Days Payable for the three months ended in Mar. 2024 was 56.64.

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

OSTO:EPEN' s Days Payable Range Over the Past 10 Years
Min: 53.98   Med: 60.17   Max: 70.42
Current: 61.36

During the past 13 years, Ependion AB's highest Days Payable was 70.42. The lowest was 53.98. And the median was 60.17.

OSTO:EPEN's Days Payable is ranked worse than
56.65% of 2422 companies
in the Hardware industry
Industry Median: 67.85 vs OSTO:EPEN: 61.36

Ependion AB's Days Payable declined from Mar. 2023 (64.27) to Mar. 2024 (56.64). It may suggest that Ependion AB accelerated paying its suppliers.


Ependion AB Days Payable Historical Data

The historical data trend for Ependion 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.

* Premium members only.

Ependion AB Days Payable Chart

Ependion AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.91 58.36 56.85 61.17 59.93

Ependion 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.27 65.54 63.72 59.51 56.64

Competitive Comparison of Ependion AB's Days Payable

For the Communication Equipment subindustry, Ependion 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.


Ependion AB's Days Payable Distribution in the Hardware Industry

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

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



Ependion 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.

Ependion 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
=( (215.053 + 194.65) / 2 ) / 1247.715*365
=204.8515 / 1247.715*365
=59.93

Ependion 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
=( (194.65 + 176.572) / 2 ) / 299.004*365 / 4
=185.611 / 299.004*365 / 4
=56.64

* 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.


Ependion AB Days Payable Related Terms

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Ependion AB (OSTO:EPEN) Business Description

Traded in Other Exchanges
Address
Stora Varvsgatan 13a, Box 426, Malmo, SWE, SE-201 24
Ependion AB is an expansive global technology group delivering digital solutions for secure control, management, visualization, and data communication for industrial applications in environments where reliability and high quality are critical factors.

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