Finepart Sweden AB (XSAT:FINE) Days Payable : 127.25 (As of Dec. 2023)

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What is Finepart Sweden AB Days Payable?

Finepart Sweden AB's average Accounts Payable for the three months ended in Dec. 2023 was kr1.42 Mil. Finepart Sweden AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1.02 Mil. Hence, Finepart Sweden AB's Days Payable for the three months ended in Dec. 2023 was 127.25.

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

XSAT:FINE' s Days Payable Range Over the Past 10 Years
Min: 47.35 Med: 121.9 Max: 306.69
Current: 139.41

During the past 10 years, Finepart Sweden AB's highest Days Payable was 306.69. The lowest was 47.35. And the median was 121.90.

XSAT:FINE's Days Payable is ranked better than
75.1% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs XSAT:FINE: 139.41

Finepart Sweden AB's Days Payable declined from Dec. 2022 (378.42) to Dec. 2023 (127.25). It may suggest that Finepart Sweden AB accelerated paying its suppliers.

Finepart Sweden AB Days Payable Historical Data

The historical data trend for Finepart Sweden 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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Finepart Sweden AB Days Payable Chart

Finepart Sweden AB Annual Data

Trend

Aug13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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121.90

47.35

159.93

55.54

123.51

Finepart Sweden 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															378.42	136.98	269.06	91.05	127.25

Competitive Comparison of Finepart Sweden AB's Days Payable

For the Specialty Industrial Machinery subindustry, Finepart Sweden 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.

Finepart Sweden AB's Days Payable Distribution in the Industrial Products Industry

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

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

Finepart Sweden 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.

Finepart Sweden 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
=	( (4.283	+	1.062)	/	2 )	/	7.898	*	365
=	2.6725					/	7.898	*	365
=	123.51

Finepart Sweden 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
=	( (1.78	+	1.062)	/	2 )	/	1.019	*	365 / 4
=	1.421					/	1.019	*	365 / 4
=	127.25

Finepart Sweden AB Days Payable Related Terms

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Finepart Sweden AB (XSAT:FINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finepart Sweden AB (XSAT:FINE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rinnavagen 6, Bollebygd, SWE, SE-51733

Website

http://www.finepart.com

Finepart Sweden AB provides fine and micro-abrasive waterjet machine for precision and micro cutting, drilling, milling and turning. The company products are used in medical technology, aerospace applications, fibre reinforced products, and micro components. Its product includes finecut WMC 500II, finecut options, and finespin.

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