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Alexandria Group Oyj (OHEL:ALEX) Days Payable : 15.00 (As of Dec. 2023)


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What is Alexandria Group Oyj Days Payable?

Alexandria Group Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €0.86 Mil. Alexandria Group Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €10.40 Mil. Hence, Alexandria Group Oyj's Days Payable for the six months ended in Dec. 2023 was 15.00.

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

OHEL:ALEX' s Days Payable Range Over the Past 10 Years
Min: 23.39   Med: 35.48   Max: 41.14
Current: 23.39

During the past 6 years, Alexandria Group Oyj's highest Days Payable was 41.14. The lowest was 23.39. And the median was 35.48.

OHEL:ALEX's Days Payable is ranked worse than
78.85% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs OHEL:ALEX: 23.39

Alexandria Group Oyj's Days Payable declined from Dec. 2022 (39.95) to Dec. 2023 (15.00). It may suggest that Alexandria Group Oyj accelerated paying its suppliers.


Alexandria Group Oyj Days Payable Historical Data

The historical data trend for Alexandria Group Oyj'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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Alexandria Group Oyj Days Payable Chart

Alexandria Group Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial - 41.14 33.46 37.50 23.39

Alexandria Group Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.82 35.72 39.95 30.84 15.00

Competitive Comparison of Alexandria Group Oyj's Days Payable

For the Asset Management subindustry, Alexandria Group Oyj'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.


Alexandria Group Oyj's Days Payable Distribution in the Asset Management Industry

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

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



Alexandria Group Oyj 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.

Alexandria Group Oyj'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
=( (1.977 + 0.855) / 2 ) / 22.101*365
=1.416 / 22.101*365
=23.39

Alexandria Group Oyj'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 + 0.855) / 1 ) / 10.401*365 / 2
=0.855 / 10.401*365 / 2
=15.00

* 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.


Alexandria Group Oyj Days Payable Related Terms

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Alexandria Group Oyj (OHEL:ALEX) Business Description

Traded in Other Exchanges
Address
Etelaesplanadi 22 A, Helsinki, FIN, 00130
Alexandria Group Oyj formerly Alexandria Pankkiiriliike Oyj is a investment service company in Finland. It specializes in high-quality investment and savings solutions.