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USWE Sports AB (OSTO:USWE) Days Payable : 71.83 (As of Dec. 2023)


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What is USWE Sports AB Days Payable?

USWE Sports AB's average Accounts Payable for the three months ended in Dec. 2023 was kr9.8 Mil. USWE Sports AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr12.5 Mil. Hence, USWE Sports AB's Days Payable for the three months ended in Dec. 2023 was 71.83.

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

OSTO:USWE' s Days Payable Range Over the Past 10 Years
Min: 52.68   Med: 77.36   Max: 126.79
Current: 126.79

During the past 3 years, USWE Sports AB's highest Days Payable was 126.79. The lowest was 52.68. And the median was 77.36.

OSTO:USWE's Days Payable is ranked better than
73.51% of 755 companies
in the Travel & Leisure industry
Industry Median: 58.43 vs OSTO:USWE: 126.79

USWE Sports AB's Days Payable declined from Dec. 2022 (114.14) to Dec. 2023 (71.83). It may suggest that USWE Sports AB accelerated paying its suppliers.


USWE Sports AB Days Payable Historical Data

The historical data trend for USWE Sports 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.

USWE Sports AB Days Payable Chart

USWE Sports AB Annual Data
Trend Mar20 Mar21 Mar22
Days Payable
81.23 77.36 52.68

USWE Sports AB Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 114.14 186.43 161.02 103.16 71.83

Competitive Comparison of USWE Sports AB's Days Payable

For the Leisure subindustry, USWE Sports 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.


USWE Sports AB's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, USWE Sports AB's Days Payable distribution charts can be found below:

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



USWE Sports 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.

USWE Sports AB's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

Days Payable (A: Mar. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (5.103 + 5.983) / 2 ) / 38.408*365
=5.543 / 38.408*365
=52.68

USWE Sports 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
=( (8.422 + 11.243) / 2 ) / 12.49*365 / 4
=9.8325 / 12.49*365 / 4
=71.83

* 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.


USWE Sports AB Days Payable Related Terms

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USWE Sports AB (OSTO:USWE) Business Description

Traded in Other Exchanges
N/A
Address
Bronsaldersgatan 1, Malmo, SWE, 213 76
USWE Sports AB manufactures bounce free action backpacks that provide the perfect fit on individual level. The unique shape and suspension allow to snug the packs really tight to the body, without affecting breathing capacity or body movement. USWE also makes Hydration Hip Belts, Hip Bags, Hip Pouches, Protector Backpacks and Commuter Backpacks. Further it also manufactures accessories for backpack such as Phone Pockets, Hydration Reservoirs, Bite valves, Tool Pouches, Dry Sacks and more.

USWE Sports AB (OSTO:USWE) Headlines

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