Addtech AB (Addtech AB) Days Payable : 0.00 (As of Dec. 2023)

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What is Addtech AB Days Payable?

Addtech AB's average Accounts Payable for the three months ended in Dec. 2023 was $0 Mil. Addtech AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $330 Mil. Hence, Addtech AB's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

ADDHY' s Days Payable Range Over the Past 10 Years
Min: 41.67 Med: 44.4 Max: 54.34
Current: 43.77

During the past 13 years, Addtech AB's highest Days Payable was 54.34. The lowest was 41.67. And the median was 44.40.

ADDHY's Days Payable is ranked worse than
60.84% of 143 companies
in the Industrial Distribution industry
Industry Median: 53.28 vs ADDHY: 43.77

Addtech AB's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

Addtech AB Days Payable Historical Data

The historical data trend for Addtech 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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Addtech AB Days Payable Chart

Addtech AB Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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45.14

46.02

43.27

45.25

43.42

Addtech 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															-	41.53	44.47	-	-

Competitive Comparison of Addtech AB's Days Payable

For the Industrial Distribution subindustry, Addtech 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.

Addtech AB's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Addtech AB's Days Payable distribution charts can be found below:

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

Addtech 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.

Addtech AB's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (138.105	+	159.217)	/	2 )	/	1249.583	*	365
=	148.661					/	1249.583	*	365
=	43.42

Addtech 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	+	0)	/	1 )	/	330.389	*	365 / 4
=	0					/	330.389	*	365 / 4
=	0.00

Addtech AB Days Payable Related Terms

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Addtech AB (Addtech AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Addtech AB (OTCPK:ADDHY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ADDT B:Sweden ADDTBs:UK 0QI7:UK AZZ2:Germany

Address

Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43

Website

https://www.addtech.com

Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segment includes Automation; Electrification; Energy; Industrial Solutions and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport.

Addtech AB (Addtech AB) Headlines

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