Doro AB (OSTO:DORO) Days Payable : 50.47 (As of Dec. 2023)

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What is Doro AB Days Payable?

Doro AB's average Accounts Payable for the three months ended in Dec. 2023 was kr96.4 Mil. Doro AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr174.3 Mil. Hence, Doro AB's Days Payable for the three months ended in Dec. 2023 was 50.47.

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

OSTO:DORO' s Days Payable Range Over the Past 10 Years
Min: 54.01 Med: 74.12 Max: 102.13
Current: 57.23

During the past 13 years, Doro AB's highest Days Payable was 102.13. The lowest was 54.01. And the median was 74.12.

OSTO:DORO's Days Payable is ranked worse than
60.61% of 2422 companies
in the Hardware industry
Industry Median: 67.69 vs OSTO:DORO: 57.23

Doro AB's Days Payable increased from Dec. 2022 (45.23) to Dec. 2023 (50.47). It may suggest that Doro AB delayed paying its suppliers.

Doro AB Days Payable Historical Data

The historical data trend for Doro 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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Doro AB Days Payable Chart

Doro AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.62

96.23

89.74

65.49

57.23

Doro 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															45.23	59.06	-	-	50.47

Competitive Comparison of Doro AB's Days Payable

For the Communication Equipment subindustry, Doro 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.

Doro AB's Days Payable Distribution in the Hardware Industry

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

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

Doro 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.

Doro 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
=	( (86.6	+	96.4)	/	2 )	/	583.6	*	365
=	91.5					/	583.6	*	365
=	57.23

Doro 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
=	( (0	+	96.4)	/	1 )	/	174.3	*	365 / 4
=	96.4					/	174.3	*	365 / 4
=	50.47

Doro AB Days Payable Related Terms

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Doro AB (OSTO:DORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Doro AB (OSTO:DORO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DR8A:Germany

Address

Jorgen Kocksgatan 1B, Malmo, SWE, 211 20

Website

https://www.doro.com

Doro AB is a provider of senior mobile solutions. The company provides consumer solutions for seniors in the form of easy to use phones. Its product portfolio includes Mobile devices including Easy phones and Smart Phones; Home devices including Corded Telephones and Cordless Telephones; and Accessories and other related products. The company's operating segment includes Doro Phones and Doro Care. It generates maximum revenue from the Doro Phones segment.

Doro AB (OSTO:DORO) Headlines

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