GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Panevezio statybos trestas AB (OVSE:PTR1L) » Definitions » Days Payable

Panevezio statybos trestas AB (OVSE:PTR1L) Days Payable : 61.19 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Panevezio statybos trestas AB Days Payable?

Panevezio statybos trestas AB's average Accounts Payable for the six months ended in Dec. 2023 was €18.4 Mil. Panevezio statybos trestas AB's Cost of Goods Sold for the six months ended in Dec. 2023 was €54.8 Mil. Hence, Panevezio statybos trestas AB's Days Payable for the six months ended in Dec. 2023 was 61.19.

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

OVSE:PTR1L' s Days Payable Range Over the Past 10 Years
Min: 47.05   Med: 57.74   Max: 80.22
Current: 60.91

During the past 13 years, Panevezio statybos trestas AB's highest Days Payable was 80.22. The lowest was 47.05. And the median was 57.74.

OVSE:PTR1L's Days Payable is ranked worse than
60.32% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs OVSE:PTR1L: 60.91

Panevezio statybos trestas AB's Days Payable increased from Dec. 2022 (54.27) to Dec. 2023 (61.19). It may suggest that Panevezio statybos trestas AB delayed paying its suppliers.


Panevezio statybos trestas AB Days Payable Historical Data

The historical data trend for Panevezio statybos trestas 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.

Panevezio statybos trestas AB Days Payable Chart

Panevezio statybos trestas AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.27 80.22 54.04 56.21 59.27

Panevezio statybos trestas AB Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.03 57.34 54.27 62.28 61.19

Competitive Comparison of Panevezio statybos trestas AB's Days Payable

For the Engineering & Construction subindustry, Panevezio statybos trestas 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.


Panevezio statybos trestas AB's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Panevezio statybos trestas AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Panevezio statybos trestas AB's Days Payable falls into.



Panevezio statybos trestas 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.

Panevezio statybos trestas 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
=( (17.083 + 17.859) / 2 ) / 107.588*365
=17.471 / 107.588*365
=59.27

Panevezio statybos trestas 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (18.916 + 17.859) / 2 ) / 54.842*365 / 2
=18.3875 / 54.842*365 / 2
=61.19

* 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.


Panevezio statybos trestas AB Days Payable Related Terms

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


Panevezio statybos trestas AB (OVSE:PTR1L) Business Description

Traded in Other Exchanges
N/A
Address
P. Puzino street 1, Panevezys, LTU, LT-35173
Panevezio statybos trestas AB operates in the construction industry. The business activity of the group includes the construction of buildings, constructions, other facilities, and networks, as well as the sale of building materials, development of the real estate. In addition to this activity, the company is also engaged in the rental of premises and machinery. The company reports in the following segments: Construction, Steel structures, Timber panel houses, Concrete floor installations, Aluminium structure production, Real estate development, and other activity. Geographically, the company operates in Lithuania, Russia, Scandinavian countries, and other countries, out of which Lithuania accounts for the majority of the revenue.

Panevezio statybos trestas AB (OVSE:PTR1L) Headlines

No Headlines