Eniro Group AB (OSTO:ENRO) Days Payable : 123.19 (As of Mar. 2024)

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What is Eniro Group AB Days Payable?

Eniro Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr27.0 Mil. Eniro Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr20.0 Mil. Hence, Eniro Group AB's Days Payable for the three months ended in Mar. 2024 was 123.19.

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

OSTO:ENRO' s Days Payable Range Over the Past 10 Years
Min: 33.59 Med: 60.04 Max: 161.03
Current: 107.47

During the past 13 years, Eniro Group AB's highest Days Payable was 161.03. The lowest was 33.59. And the median was 60.04.

OSTO:ENRO's Days Payable is ranked better than
64.2% of 433 companies
in the Interactive Media industry
Industry Median: 61.12 vs OSTO:ENRO: 107.47

Eniro Group AB's Days Payable declined from Mar. 2023 (139.56) to Mar. 2024 (123.19). It may suggest that Eniro Group AB accelerated paying its suppliers.

Eniro Group AB Days Payable Historical Data

The historical data trend for Eniro 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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Eniro Group AB Days Payable Chart

Eniro Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.59

161.03

143.97

110.80

109.91

Eniro Group 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															139.56	-	-	111.99	123.19

Competitive Comparison of Eniro Group AB's Days Payable

For the Internet Content & Information subindustry, Eniro 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.

Eniro Group AB's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Eniro Group AB's Days Payable distribution charts can be found below:

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

Eniro 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.

Eniro 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
=	( (26	+	27)	/	2 )	/	88	*	365
=	26.5					/	88	*	365
=	109.91

Eniro Group 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
=	( (27	+	0)	/	1 )	/	20	*	365 / 4
=	27					/	20	*	365 / 4
=	123.19

Eniro Group AB Days Payable Related Terms

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Eniro Group AB (OSTO:ENRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Eniro Group AB (OSTO:ENRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EN8A:Germany

Address

Gardsvagen 6, Solna, Stockholm, SWE, 169 70

Website

https://www.enirogroup.com

Eniro Group AB is a search engine company for individuals and companies operating in Sweden, Norway, Denmark, Finland, and Poland. Its operations are divided into three business areas. The Marketing Partner business area offers local small and medium-sized companies a comprehensive range of digital marketing services with the help of both external partnerships and its own local search engines. The Voice business area offers customer service and response service for larger companies in the Nordic region, as well as directory inquiry services. The Venture business area consists of the successful app and other growth initiatives.

Eniro Group AB (OSTO:ENRO) Headlines

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