AS Harju Elekter (OTSE:HAE1T) Days Payable : 48.39 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is AS Harju Elekter Days Payable?

AS Harju Elekter's average Accounts Payable for the three months ended in Mar. 2024 was €22.2 Mil. AS Harju Elekter's Cost of Goods Sold for the three months ended in Mar. 2024 was €41.9 Mil. Hence, AS Harju Elekter's Days Payable for the three months ended in Mar. 2024 was 48.39.

The historical rank and industry rank for AS Harju Elekter's Days Payable or its related term are showing as below:

OTSE:HAE1T' s Days Payable Range Over the Past 10 Years
Min: 25.61 Med: 34.31 Max: 53.25
Current: 53.25

During the past 13 years, AS Harju Elekter's highest Days Payable was 53.25. The lowest was 25.61. And the median was 34.31.

OTSE:HAE1T's Days Payable is ranked worse than
66.83% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs OTSE:HAE1T: 53.25

AS Harju Elekter's Days Payable declined from Mar. 2023 (61.54) to Mar. 2024 (48.39). It may suggest that AS Harju Elekter accelerated paying its suppliers.

AS Harju Elekter Days Payable Historical Data

The historical data trend for AS Harju Elekter'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.

AS Harju Elekter Days Payable Chart

AS Harju Elekter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

34.27

36.08

43.42

45.05

36.51

AS Harju Elekter 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															61.54	58.15	56.37	44.52	48.39

Competitive Comparison of AS Harju Elekter's Days Payable

For the Electrical Equipment & Parts subindustry, AS Harju Elekter'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.

AS Harju Elekter's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AS Harju Elekter's Days Payable distribution charts can be found below:

* The bar in red indicates where AS Harju Elekter's Days Payable falls into.

AS Harju Elekter 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.

AS Harju Elekter'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
=	( (20.047	+	17.048)	/	2 )	/	185.426	*	365
=	18.5475					/	185.426	*	365
=	36.51

AS Harju Elekter'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
=	( (17.048	+	27.432)	/	2 )	/	41.939	*	365 / 4
=	22.24					/	41.939	*	365 / 4
=	48.39

AS Harju Elekter Days Payable Related Terms

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

AS Harju Elekter (OTSE:HAE1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AS Harju Elekter (OTSE:HAE1T) » Definitions » Days Payable

Traded in Other Exchanges

HD8:Germany

Address

Paldiski maantee 31, Keila, EST, 76606

Website

https://www.harjuelekter.com

AS Harju Elekter is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

AS Harju Elekter (OTSE:HAE1T) Headlines

No Headlines