Maven Wireless Sweden AB (OSTO:MAVEN) Days Payable : 113.81 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Maven Wireless Sweden AB Days Payable?

Maven Wireless Sweden AB's average Accounts Payable for the three months ended in Mar. 2024 was kr35.8 Mil. Maven Wireless Sweden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr28.7 Mil. Hence, Maven Wireless Sweden AB's Days Payable for the three months ended in Mar. 2024 was 113.81.

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

OSTO:MAVEN' s Days Payable Range Over the Past 10 Years
Min: 71.94 Med: 108.29 Max: 219.2
Current: 88.75

During the past 5 years, Maven Wireless Sweden AB's highest Days Payable was 219.20. The lowest was 71.94. And the median was 108.29.

OSTO:MAVEN's Days Payable is ranked better than
64.77% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs OSTO:MAVEN: 88.75

Maven Wireless Sweden AB's Days Payable increased from Mar. 2023 (99.57) to Mar. 2024 (113.81). It may suggest that Maven Wireless Sweden AB delayed paying its suppliers.

Maven Wireless Sweden AB Days Payable Historical Data

The historical data trend for Maven Wireless Sweden 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.

Maven Wireless Sweden AB Days Payable Chart

Maven Wireless Sweden AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

219.20

108.29

116.58

88.22

71.94

Maven Wireless Sweden AB Quarterly Data
	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													99.57	-	-	-	113.81

Competitive Comparison of Maven Wireless Sweden AB's Days Payable

For the Communication Equipment subindustry, Maven Wireless Sweden 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.

Maven Wireless Sweden AB's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Maven Wireless Sweden AB's Days Payable falls into.

Maven Wireless Sweden 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.

Maven Wireless Sweden 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
=	( (28.474	+	0)	/	1 )	/	144.473	*	365
=	28.474					/	144.473	*	365
=	71.94

Maven Wireless Sweden 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
=	( (0	+	35.753)	/	1 )	/	28.665	*	365 / 4
=	35.753					/	28.665	*	365 / 4
=	113.81

Maven Wireless Sweden AB Days Payable Related Terms

Thank you for viewing the detailed overview of Maven Wireless Sweden AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Maven Wireless Sweden AB (OSTO:MAVEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maven Wireless Sweden AB (OSTO:MAVEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

96W:Germany

Address

Torshamnsgatan 39 A, Kista, SWE, 164 40

Website

https://www.mavenwireless.com

Maven Wireless Sweden AB provides solutions for wireless coverage in all parts of the world. It offers end-to-end digital solutions with outstanding performance. The company's products contribute to public safety by ensuring wireless coverage for critical services, and are used in tunnels, on trains, metros, stadiums, buildings and more.

Maven Wireless Sweden AB (OSTO:MAVEN) Headlines

No Headlines