Bure Equity AB (OSTO:BURE) Days Payable : 30.42 (As of Mar. 2024)

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What is Bure Equity AB Days Payable?

Bure Equity AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4.0 Mil. Bure Equity AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr12.0 Mil. Hence, Bure Equity AB's Days Payable for the three months ended in Mar. 2024 was 30.42.

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

OSTO:BURE' s Days Payable Range Over the Past 10 Years
Min: 10.74 Med: 23.09 Max: 94.47
Current: 17.89

During the past 13 years, Bure Equity AB's highest Days Payable was 94.47. The lowest was 10.74. And the median was 23.09.

OSTO:BURE's Days Payable is ranked worse than
82.48% of 468 companies
in the Asset Management industry
Industry Median: 72.31 vs OSTO:BURE: 17.89

Bure Equity AB's Days Payable increased from Mar. 2023 (10.14) to Mar. 2024 (30.42). It may suggest that Bure Equity AB delayed paying its suppliers.

Bure Equity AB Days Payable Historical Data

The historical data trend for Bure Equity 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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Bure Equity AB Days Payable Chart

Bure Equity AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.35

94.47

10.74

11.17

19.01

Bure Equity 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															10.14	-	-	26.07	30.42

Competitive Comparison of Bure Equity AB's Days Payable

For the Asset Management subindustry, Bure Equity 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.

Bure Equity AB's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Days Payable distribution charts can be found below:

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

Bure Equity 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.

Bure Equity 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
=	( (1	+	4)	/	2 )	/	48	*	365
=	2.5					/	48	*	365
=	19.01

Bure Equity 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	+	0)	/	1 )	/	12	*	365 / 4
=	4					/	12	*	365 / 4
=	30.42

Bure Equity AB Days Payable Related Terms

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Bure Equity AB (OSTO:BURE) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0N7D:UK

Address

Nybrogatan 6, Stockholm, SWE, SE-114 34

Website

https://www.bure.se

Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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