Aspocomp Group (OHEL:ACG1V) Days Payable : 66.16 (As of Mar. 2024)

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What is Aspocomp Group Days Payable?

Aspocomp Group's average Accounts Payable for the three months ended in Mar. 2024 was €2.53 Mil. Aspocomp Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €3.49 Mil. Hence, Aspocomp Group's Days Payable for the three months ended in Mar. 2024 was 66.16.

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

OHEL:ACG1V' s Days Payable Range Over the Past 10 Years
Min: 61.31 Med: 72.59 Max: 118.13
Current: 91.77

During the past 13 years, Aspocomp Group's highest Days Payable was 118.13. The lowest was 61.31. And the median was 72.59.

OHEL:ACG1V's Days Payable is ranked better than
66.91% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs OHEL:ACG1V: 91.77

Aspocomp Group's Days Payable declined from Mar. 2023 (121.44) to Mar. 2024 (66.16). It may suggest that Aspocomp Group accelerated paying its suppliers.

Aspocomp Group Days Payable Historical Data

The historical data trend for Aspocomp Group'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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Aspocomp Group Days Payable Chart

Aspocomp Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.31

86.97

86.71

118.13

70.28

Aspocomp Group 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															121.44	104.71	103.41	62.23	66.16

Competitive Comparison of Aspocomp Group's Days Payable

For the Electronic Components subindustry, Aspocomp Group'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.

Aspocomp Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aspocomp Group's Days Payable distribution charts can be found below:

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

Aspocomp Group 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.

Aspocomp Group'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
=	( (6.142	+	0.192)	/	2 )	/	16.448	*	365
=	3.167					/	16.448	*	365
=	70.28

Aspocomp Group'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
=	( (0.192	+	4.87)	/	2 )	/	3.491	*	365 / 4
=	2.531					/	3.491	*	365 / 4
=	66.16

Aspocomp Group Days Payable Related Terms

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Aspocomp Group (OHEL:ACG1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aspocomp Group PLC (OHEL:ACG1V) » Definitions » Days Payable

Comparable Companies

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ACN:Germany

Address

Keilaranta 1, Espoo, FIN, 02150

Website

https://www.aspocomp.com

Aspocomp Group PLC is a Finland-based company engaged in manufacturing and selling printed circuit boards (PCBs). The products offered by the company are HDI PCBs, Multilayers and Backplanes, PCBs with cooling features, High-Frequency PCBs, Mixed Dielectric, and IMS PCBs for LED applications. Its products are used in the electronics industry like telecommunications networks, automobiles, industrial electronics, security and defense, semiconductor research and development, and integrated circuit testing. The group makes sales in Finland, Europe, Asia, and Other countries, of which the majority of the revenue is generated from Europe.

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