Investment AB Latour (OSTO:LATO B) Days Payable : 43.69 (As of Mar. 2024)

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What is Investment AB Latour Days Payable?

Investment AB Latour's average Accounts Payable for the three months ended in Mar. 2024 was kr1,770 Mil. Investment AB Latour's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3,697 Mil. Hence, Investment AB Latour's Days Payable for the three months ended in Mar. 2024 was 43.69.

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

OSTO:LATO B' s Days Payable Range Over the Past 10 Years
Min: 39.73 Med: 43.43 Max: 61.38
Current: 41.96

During the past 13 years, Investment AB Latour's highest Days Payable was 61.38. The lowest was 39.73. And the median was 43.43.

OSTO:LATO B's Days Payable is ranked worse than
67.09% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs OSTO:LATO B: 41.96

Investment AB Latour's Days Payable increased from Mar. 2023 (41.74) to Mar. 2024 (43.69). It may suggest that Investment AB Latour delayed paying its suppliers.

Investment AB Latour Days Payable Historical Data

The historical data trend for Investment AB Latour'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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Investment AB Latour Days Payable Chart

Investment AB Latour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.09

39.73

40.46

43.14

41.47

Investment AB Latour 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															41.74	-	-	40.76	43.69

Competitive Comparison of Investment AB Latour's Days Payable

For the Asset Management subindustry, Investment AB Latour'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.

Investment AB Latour's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Days Payable distribution charts can be found below:

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

Investment AB Latour 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.

Investment AB Latour'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
=	( (1774	+	1770)	/	2 )	/	15597	*	365
=	1772					/	15597	*	365
=	41.47

Investment AB Latour'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
=	( (1770	+	0)	/	1 )	/	3697	*	365 / 4
=	1770					/	3697	*	365 / 4
=	43.69

Investment AB Latour Days Payable Related Terms

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Investment AB Latour (OSTO:LATO B) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

LATOBs:UK 0RQP:UK 18LB:Germany

Address

J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25

Website

http://www.latour.se

Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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