Viking Supply Ships AB (OSTO:VSSAB B) Days Payable : 12.59 (As of Mar. 2024)

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What is Viking Supply Ships AB Days Payable?

Viking Supply Ships AB's average Accounts Payable for the three months ended in Mar. 2024 was kr23.6 Mil. Viking Supply Ships AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr171.0 Mil. Hence, Viking Supply Ships AB's Days Payable for the three months ended in Mar. 2024 was 12.59.

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

OSTO:VSSAB B' s Days Payable Range Over the Past 10 Years
Min: 9.73 Med: 17.13 Max: 46.32
Current: 16.06

During the past 13 years, Viking Supply Ships AB's highest Days Payable was 46.32. The lowest was 9.73. And the median was 17.13.

OSTO:VSSAB B's Days Payable is ranked worse than
84.71% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs OSTO:VSSAB B: 16.06

Viking Supply Ships AB's Days Payable declined from Mar. 2023 (19.22) to Mar. 2024 (12.59). It may suggest that Viking Supply Ships AB accelerated paying its suppliers.

Viking Supply Ships AB Days Payable Historical Data

The historical data trend for Viking Supply Ships 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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Viking Supply Ships AB Days Payable Chart

Viking Supply Ships AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.73

11.06

12.23

17.23

17.03

Viking Supply Ships 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															19.22	-	-	13.52	12.59

Competitive Comparison of Viking Supply Ships AB's Days Payable

For the Marine Shipping subindustry, Viking Supply Ships 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.

Viking Supply Ships AB's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Supply Ships AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Viking Supply Ships AB's Days Payable falls into.

Viking Supply Ships 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.

Viking Supply Ships 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
=	( (28.852	+	23.6)	/	2 )	/	562.23	*	365
=	26.226					/	562.23	*	365
=	17.03

Viking Supply Ships 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
=	( (23.6	+	0)	/	1 )	/	171	*	365 / 4
=	23.6					/	171	*	365 / 4
=	12.59

Viking Supply Ships AB Days Payable Related Terms

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Viking Supply Ships AB (OSTO:VSSAB B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Viking Supply Ships AB (OSTO:VSSAB B) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Idrottsvagen 1, Stenungsund, SWE, 444 31

Website

https://www.vikingsupply.com

Viking Supply Ships AB offers offshore and icebreaking services to oil-prospecting customers in the North Sea, Arctic, and Subarctic waters. It operates in four segments: Ice-classed AHTS (Anchor Handling Tug Supply), Ice-classed PSV, Ice Management & Services, and Ship Management. The company's geographical segments are Denmark, Norway, Russia, Poland, the United Kingdom, the Netherlands, Cyprus, the USA, Sweden, and the Rest of the world. Geographically majority of revenue derives from the UK followed by Sweden.

Viking Supply Ships AB (OSTO:VSSAB B) Headlines

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