Swedish Stirling AB (OSTO:STRLNG) Days Payable : 11.67 (As of Dec. 2022)

View and export this data going back to 2016. Start your Free Trial

What is Swedish Stirling AB Days Payable?

Swedish Stirling AB's average Accounts Payable for the three months ended in Dec. 2022 was kr11.47 Mil. Swedish Stirling AB's Cost of Goods Sold for the three months ended in Dec. 2022 was kr89.67 Mil. Hence, Swedish Stirling AB's Days Payable for the three months ended in Dec. 2022 was 11.67.

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

OSTO:STRLNG's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.765
* Ranked among companies with meaningful Days Payable only.

Swedish Stirling AB's Days Payable increased from Dec. 2021 (0.00) to Dec. 2022 (11.67). It may suggest that Swedish Stirling AB delayed paying its suppliers.

Swedish Stirling AB Days Payable Historical Data

The historical data trend for Swedish Stirling 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.

Swedish Stirling AB Days Payable Chart

Swedish Stirling AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

22.81

Swedish Stirling AB Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Payable	Get a 7-Day Free Trial															-	-	226.20	135.29	11.67

Competitive Comparison of Swedish Stirling AB's Days Payable

For the Specialty Industrial Machinery subindustry, Swedish Stirling 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.

Swedish Stirling AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Swedish Stirling AB's Days Payable distribution charts can be found below:

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

Swedish Stirling 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.

Swedish Stirling 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
=	( (7.557	+	4.656)	/	2 )	/	97.718	*	365
=	6.1065					/	97.718	*	365
=	22.81

Swedish Stirling AB's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (18.284	+	4.656)	/	2 )	/	89.67	*	365 / 4
=	11.47					/	89.67	*	365 / 4
=	11.67

Swedish Stirling AB Days Payable Related Terms

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

Swedish Stirling AB (OSTO:STRLNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Swedish Stirling AB (OSTO:STRLNG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gruvgatan 35 B, Vastra Frolunda, Gothenburg, SWE, 421 30

Website

https://www.swedishstirling.com

Swedish Stirling AB has developed a hybridized Stirling engine based on a license from Kockums AB. The Stirling engine forms the basis of the company's products Ripasso Stirling Hybrid and PWR BLOK. The Ripasso Stirling Hybrid is a solar hybrid where energy from the sun is supplemented with some other fuel during the dark hours of the day. PWR BLOK is the product from Ripasso Energy towards the market for residual gas.

Swedish Stirling AB (OSTO:STRLNG) Headlines

No Headlines