Hoi Publishing AB (NGM:HOI B) Days Payable : 120.78 (As of Dec. 2023)

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What is Hoi Publishing AB Days Payable?

Hoi Publishing AB's average Accounts Payable for the three months ended in Dec. 2023 was kr2.71 Mil. Hoi Publishing AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr2.04 Mil. Hence, Hoi Publishing AB's Days Payable for the three months ended in Dec. 2023 was 120.78.

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

NGM:HOI B' s Days Payable Range Over the Past 10 Years
Min: 53.63 Med: 57.68 Max: 124.18
Current: 124.18

During the past 4 years, Hoi Publishing AB's highest Days Payable was 124.18. The lowest was 53.63. And the median was 57.68.

NGM:HOI B's Days Payable is ranked better than
64.66% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs NGM:HOI B: 124.18

Hoi Publishing AB's Days Payable declined from Dec. 2022 (130.02) to Dec. 2023 (120.78). It may suggest that Hoi Publishing AB accelerated paying its suppliers.

Hoi Publishing AB Days Payable Historical Data

The historical data trend for Hoi Publishing 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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Hoi Publishing AB Days Payable Chart

Hoi Publishing AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

53.63

57.53

57.83

119.87

Hoi Publishing AB Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							130.02	87.97	198.44	118.17	120.78

Competitive Comparison of Hoi Publishing AB's Days Payable

For the Publishing subindustry, Hoi Publishing 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.

Hoi Publishing AB's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hoi Publishing AB's Days Payable distribution charts can be found below:

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

Hoi Publishing 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.

Hoi Publishing 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
=	( (0.77	+	3.054)	/	2 )	/	5.822	*	365
=	1.912					/	5.822	*	365
=	119.87

Hoi Publishing 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
=	( (2.357	+	3.054)	/	2 )	/	2.044	*	365 / 4
=	2.7055					/	2.044	*	365 / 4
=	120.78

Hoi Publishing AB Days Payable Related Terms

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Hoi Publishing AB (NGM:HOI B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hoi Publishing AB (NGM:HOI B) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Johannesgrand 1, Stockholm, SWE, 111 30

Website

https://www.hoi.se

Hoi Publishing AB operates as a publishing company. The company publishes books and periodicals.

Hoi Publishing AB (NGM:HOI B) Headlines

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