Proact IT Group AB (STU:PIU0) Days Payable : 0.00 (As of Sep. 2024)

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What is Proact IT Group AB Days Payable?

Proact IT Group AB's average Accounts Payable for the three months ended in Sep. 2024 was €0.0 Mil. Proact IT Group AB's Cost of Goods Sold for the three months ended in Sep. 2024 was €75.6 Mil. Hence, Proact IT Group AB's Days Payable for the three months ended in Sep. 2024 was 0.00.

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

STU:PIU0' s Days Payable Range Over the Past 10 Years
Min: 51.31 Med: 71.08 Max: 97.93
Current: 51.56

During the past 13 years, Proact IT Group AB's highest Days Payable was 97.93. The lowest was 51.31. And the median was 71.08.

STU:PIU0's Days Payable is ranked better than
51.4% of 2539 companies
in the Software industry
Industry Median: 49.28 vs STU:PIU0: 51.56

Proact IT Group AB's Days Payable stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00). stayed the same

Proact IT Group AB Days Payable Historical Data

The historical data trend for Proact IT Group 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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Proact IT Group AB Days Payable Chart

Proact IT Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.19

65.87

62.08

52.75

56.62

Proact IT Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															-	45.72	55.35	-	-

Competitive Comparison of Proact IT Group AB's Days Payable

For the Information Technology Services subindustry, Proact IT Group 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.

Proact IT Group AB's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Proact IT Group AB's Days Payable falls into.

Proact IT Group 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.

Proact IT Group 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
=	( (56.856	+	47.378)	/	2 )	/	335.965	*	365
=	52.117					/	335.965	*	365
=	56.62

Proact IT Group AB's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	75.637	*	365 / 4
=	0					/	75.637	*	365 / 4
=	0.00

Proact IT Group AB Days Payable Related Terms

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Proact IT Group AB Business Description

Industry

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PACT:Sweden 0GT3:UK

Address

Frsoundaviks Alle 1, Solna, Stockholm, SWE, 169 04

Website

https://www.proact.se

Proact IT Group AB is a European-based independent datacentre and cloud service provider. The company's solution covers all aspects of data storage, virtualization, networking, and security. Its operating segments are System sales, Service operations, and Other revenues. The company-managed cloud services include service management, software as a service, proact hybrid cloud, storage as a service, flexpod as a service, and disaster recovery services. It also offers professional services such as delivering transformation, project management and delivery, cloud adoption, and others. The majority of the company's revenue comes from the Nordics and Baltics region.

Proact IT Group AB Headlines

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