Arbona AB (NGM:ARBO A) Days Payable : 107.15 (As of Dec. 2023)

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What is Arbona AB Days Payable?

Arbona AB's average Accounts Payable for the six months ended in Dec. 2023 was kr9.85 Mil. Arbona AB's Cost of Goods Sold for the six months ended in Dec. 2023 was kr16.78 Mil. Hence, Arbona AB's Days Payable for the six months ended in Dec. 2023 was 107.15.

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

NGM:ARBO A' s Days Payable Range Over the Past 10 Years
Min: 37.45 Med: 48.28 Max: 608.33
Current: 99.84

During the past 13 years, Arbona AB's highest Days Payable was 608.33. The lowest was 37.45. And the median was 48.28.

NGM:ARBO A's Days Payable is ranked better than
58.55% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs NGM:ARBO A: 99.84

Arbona AB's Days Payable increased from Dec. 2022 (51.21) to Dec. 2023 (107.15). It may suggest that Arbona AB delayed paying its suppliers.

Arbona AB Days Payable Historical Data

The historical data trend for Arbona 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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Arbona AB Days Payable Chart

Arbona AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.14

37.45

49.86

45.25

99.84

Arbona 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															64.80	39.95	51.21	91.16	107.15

Competitive Comparison of Arbona AB's Days Payable

For the Asset Management subindustry, Arbona 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.

Arbona AB's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Arbona AB's Days Payable distribution charts can be found below:

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

Arbona 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.

Arbona 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
=	( (7.048	+	9.851)	/	2 )	/	30.889	*	365
=	8.4495					/	30.889	*	365
=	99.84

Arbona 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
=	( (0	+	9.851)	/	1 )	/	16.779	*	365 / 2
=	9.851					/	16.779	*	365 / 2
=	107.15

Arbona AB Days Payable Related Terms

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Arbona AB (NGM:ARBO A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Arbona AB (NGM:ARBO A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emdalavagen 18, Box 11094, Stockholm, SWE, 10061

Website

http://www.arbona.se

Arbona AB is a Sweden based investment company. Its core business consists of investing and developing less Swedish unlisted companies. Its main focus is to acquire well-managed companies with potential for further development.

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