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Tobii AB (Tobii AB) Days Payable : 112.47 (As of Mar. 2024)


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What is Tobii AB Days Payable?

Tobii AB's average Accounts Payable for the three months ended in Mar. 2024 was $4.97 Mil. Tobii AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.03 Mil. Hence, Tobii AB's Days Payable for the three months ended in Mar. 2024 was 112.47.

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

TBIIF' s Days Payable Range Over the Past 10 Years
Min: 66.87   Med: 83.23   Max: 193.51
Current: 112.82

During the past 12 years, Tobii AB's highest Days Payable was 193.51. The lowest was 66.87. And the median was 83.23.

TBIIF's Days Payable is ranked better than
75.42% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs TBIIF: 112.82

Tobii AB's Days Payable declined from Mar. 2023 (124.15) to Mar. 2024 (112.47). It may suggest that Tobii AB accelerated paying its suppliers.


Tobii AB Days Payable Historical Data

The historical data trend for Tobii 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.

Tobii AB Days Payable Chart

Tobii AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.31 182.32 193.51 161.65 107.28

Tobii AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.15 - - 70.50 112.47

Competitive Comparison of Tobii AB's Days Payable

For the Computer Hardware subindustry, Tobii 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.


Tobii AB's Days Payable Distribution in the Hardware Industry

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

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



Tobii 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.

Tobii 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
=( (5.974 + 4.972) / 2 ) / 18.62*365
=5.473 / 18.62*365
=107.28

Tobii 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: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (4.972 + 0) / 1 ) / 4.034*365 / 4
=4.972 / 4.034*365 / 4
=112.47

* 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.


Tobii AB Days Payable Related Terms

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Tobii AB (Tobii AB) Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

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