Recyctec Holding AB (XSAT:RECY B) Days Payable : 116.09 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Recyctec Holding AB Days Payable?

Recyctec Holding AB's average Accounts Payable for the three months ended in Mar. 2024 was kr2.16 Mil. Recyctec Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1.70 Mil. Hence, Recyctec Holding AB's Days Payable for the three months ended in Mar. 2024 was 116.09.

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

XSAT:RECY B' s Days Payable Range Over the Past 10 Years
Min: 79.49 Med: 222.82 Max: 3464.41
Current: 157.23

During the past 11 years, Recyctec Holding AB's highest Days Payable was 3464.41. The lowest was 79.49. And the median was 222.82.

XSAT:RECY B's Days Payable is ranked better than
90.27% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs XSAT:RECY B: 157.23

Recyctec Holding AB's Days Payable increased from Dec. 2022 (63.04) to Mar. 2024 (116.09). It may suggest that Recyctec Holding AB delayed paying its suppliers.

Recyctec Holding AB Days Payable Historical Data

The historical data trend for Recyctec Holding 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.

Recyctec Holding AB Days Payable Chart

Recyctec Holding AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

238.20

215.31

185.46

83.95

79.49

Recyctec Holding AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															63.04	108.40	125.72	89.66	116.09

Competitive Comparison of Recyctec Holding AB's Days Payable

For the Specialty Chemicals subindustry, Recyctec Holding 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.

Recyctec Holding AB's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Recyctec Holding AB's Days Payable distribution charts can be found below:

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

Recyctec Holding 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.

Recyctec Holding 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
=	( (1.215	+	2.52)	/	2 )	/	8.575	*	365
=	1.8675					/	8.575	*	365
=	79.49

Recyctec Holding 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.301	+	3.022)	/	2 )	/	1.699	*	365 / 4
=	2.1615					/	1.699	*	365 / 4
=	116.09

Recyctec Holding AB Days Payable Related Terms

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

Recyctec Holding AB (XSAT:RECY B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Recyctec Holding AB (XSAT:RECY B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scheelevagen 15, Ideon Sience Park, Lund, SWE, 223 70

Website

http://www.recyctec.se

Recyctec Holding AB is a holding company. The company manufactures glycol which is used in cooler, mainly in internal combustion engines. Its product and services include Analysis of Glycol type, Return of Used Glycol, EarthCare Glycol - HTF and Car coolant and Technical Glycol.

Recyctec Holding AB (XSAT:RECY B) Headlines

No Headlines