Fagerhult Group AB (CHIX:FAGS) Days Payable : 47.95 (As of Mar. 2024)

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What is Fagerhult Group AB Days Payable?

Fagerhult Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr688 Mil. Fagerhult Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,309 Mil. Hence, Fagerhult Group AB's Days Payable for the three months ended in Mar. 2024 was 47.95.

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

CHIX:FAGs' s Days Payable Range Over the Past 10 Years
Min: 39.61 Med: 42.15 Max: 51.46
Current: 50.94

During the past 13 years, Fagerhult Group AB's highest Days Payable was 51.46. The lowest was 39.61. And the median was 42.15.

CHIX:FAGs's Days Payable is ranked worse than
68.9% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs CHIX:FAGs: 50.94

Fagerhult Group AB's Days Payable declined from Mar. 2023 (49.47) to Mar. 2024 (47.95). It may suggest that Fagerhult Group AB accelerated paying its suppliers.

Fagerhult Group AB Days Payable Historical Data

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

Fagerhult Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.61

51.46

50.56

50.68

50.26

Fagerhult 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															49.47	-	-	49.32	47.95

Competitive Comparison of Fagerhult Group AB's Days Payable

For the Electrical Equipment & Parts subindustry, Fagerhult 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.

Fagerhult Group AB's Days Payable Distribution in the Industrial Products Industry

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

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

Fagerhult 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.

Fagerhult 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
=	( (747.8	+	687.9)	/	2 )	/	5213.7	*	365
=	717.85					/	5213.7	*	365
=	50.26

Fagerhult 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
=	( (687.9	+	0)	/	1 )	/	1309	*	365 / 4
=	687.9					/	1309	*	365 / 4
=	47.95

Fagerhult Group AB Days Payable Related Terms

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Fagerhult Group AB (CHIX:FAGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fagerhult Group AB (CHIX:FAGs) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FAG:Sweden 2F0:Germany

Address

Avagen 1, Habo, SWE, SE-566 80

Website

https://www.fagerhultgroup.com

Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses regarding customers' and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Asia and Australia. Its brands consist of atelje Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko.

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