Comintelli AB (XSAT:COMINT) Days Payable : 192.97 (As of Dec. 2023)

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What is Comintelli AB Days Payable?

Comintelli AB's average Accounts Payable for the three months ended in Dec. 2023 was kr1.28 Mil. Comintelli AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr0.61 Mil. Hence, Comintelli AB's Days Payable for the three months ended in Dec. 2023 was 192.97.

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

XSAT:COMINT' s Days Payable Range Over the Past 10 Years
Min: 10.71 Med: 18.49 Max: 38.05
Current: 15.25

During the past 7 years, Comintelli AB's highest Days Payable was 38.05. The lowest was 10.71. And the median was 18.49.

XSAT:COMINT's Days Payable is ranked worse than
85.66% of 2531 companies
in the Software industry
Industry Median: 50.16 vs XSAT:COMINT: 15.25

Comintelli AB's Days Payable increased from Dec. 2022 (54.10) to Dec. 2023 (192.97). It may suggest that Comintelli AB delayed paying its suppliers.

Comintelli AB Days Payable Historical Data

The historical data trend for Comintelli 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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Comintelli AB Days Payable Chart

Comintelli AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.10

17.93

10.71

19.02

18.49

Comintelli AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															54.10	13.69	5.14	16.38	192.97

Competitive Comparison of Comintelli AB's Days Payable

For the Software - Application subindustry, Comintelli 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.

Comintelli AB's Days Payable Distribution in the Software Industry

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

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

Comintelli 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.

Comintelli 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
=	( (0.623	+	1.592)	/	2 )	/	21.864	*	365
=	1.1075					/	21.864	*	365
=	18.49

Comintelli AB's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.971	+	1.592)	/	2 )	/	0.606	*	365 / 4
=	1.2815					/	0.606	*	365 / 4
=	192.97

Comintelli AB Days Payable Related Terms

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Comintelli AB (XSAT:COMINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comintelli AB (XSAT:COMINT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kista Science Tower, Kista, Stockholm, SWE, 164 51

Website

http://www.comintelli.com

Comintelli AB is a Swedish software company. It offers intelligence software name Intelligence2day that automatically collects, discovers, organizes, analyzes and shares information and knowledge; focused on any aspect of the competitive landscape including customers, competitors, products, markets, technologies and trends. The software supports managers and knowledge workers in both strategical and tactical decision making; it also shortens Time-To-Insights which accelerates business strategy, product innovations and business development. The company also offers services related to the software including managed hosting services, training, technical installation and support and maintenance services.

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