Greater Than AB (OSTO:GREAT) Days Payable : 33.15 (As of Mar. 2024)

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What is Greater Than AB Days Payable?

Greater Than AB's average Accounts Payable for the three months ended in Mar. 2024 was kr2.02 Mil. Greater Than AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr5.57 Mil. Hence, Greater Than AB's Days Payable for the three months ended in Mar. 2024 was 33.15.

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

OSTO:GREAT' s Days Payable Range Over the Past 10 Years
Min: 17.69 Med: 39.94 Max: 92.76
Current: 28.32

During the past 13 years, Greater Than AB's highest Days Payable was 92.76. The lowest was 17.69. And the median was 39.94.

OSTO:GREAT's Days Payable is ranked worse than
69.14% of 2531 companies
in the Software industry
Industry Median: 50.13 vs OSTO:GREAT: 28.32

Greater Than AB's Days Payable increased from Mar. 2023 (23.92) to Mar. 2024 (33.15). It may suggest that Greater Than AB delayed paying its suppliers.

Greater Than AB Days Payable Historical Data

The historical data trend for Greater Than 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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Greater Than AB Days Payable Chart

Greater Than AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.14

40.74

17.69

19.00

30.95

Greater Than 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															23.92	23.72	29.38	27.70	33.15

Competitive Comparison of Greater Than AB's Days Payable

For the Software - Application subindustry, Greater Than 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.

Greater Than AB's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Greater Than AB's Days Payable distribution charts can be found below:

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

Greater Than 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.

Greater Than 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
=	( (2.957	+	2.058)	/	2 )	/	29.572	*	365
=	2.5075					/	29.572	*	365
=	30.95

Greater Than 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
=	( (2.058	+	1.986)	/	2 )	/	5.565	*	365 / 4
=	2.022					/	5.565	*	365 / 4
=	33.15

Greater Than AB Days Payable Related Terms

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Greater Than AB (OSTO:GREAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Greater Than AB (OSTO:GREAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karlavagen 58, Stockholm, SWE, 114 49

Website

https://www.greaterthan.eu

Greater Than AB is a driving data analytics company that uses artificial intelligence to convert GPS data into driver scores that predict crash probability and climate impact. Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than's analysis to optimize driver risk management, achieve insurance profitability, manage sustainability and ESG reporting, and monetize GPS data.

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