Etteplan Oyj (OHEL:ETTE) Days Payable : 262.01 (As of Mar. 2024)

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What is Etteplan Oyj Days Payable?

Etteplan Oyj's average Accounts Payable for the three months ended in Mar. 2024 was €38.4 Mil. Etteplan Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.4 Mil. Hence, Etteplan Oyj's Days Payable for the three months ended in Mar. 2024 was 262.01.

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

OHEL:ETTE' s Days Payable Range Over the Past 10 Years
Min: 117.05 Med: 156.64 Max: 407.92
Current: 407.92

During the past 13 years, Etteplan Oyj's highest Days Payable was 407.92. The lowest was 117.05. And the median was 156.64.

OHEL:ETTE's Days Payable is ranked better than
93.01% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs OHEL:ETTE: 407.92

Etteplan Oyj's Days Payable declined from Mar. 2023 (354.30) to Mar. 2024 (262.01). It may suggest that Etteplan Oyj accelerated paying its suppliers.

Etteplan Oyj Days Payable Historical Data

The historical data trend for Etteplan 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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Etteplan Oyj Days Payable Chart

Etteplan Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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162.99

203.56

144.68

123.74

117.05

Etteplan Oyj 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															354.30	572.61	517.28	251.78	262.01

Competitive Comparison of Etteplan Oyj's Days Payable

For the Engineering & Construction subindustry, Etteplan 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.

Etteplan Oyj's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Etteplan Oyj's Days Payable distribution charts can be found below:

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

Etteplan 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.

Etteplan 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
=	( (14.209	+	13.576)	/	2 )	/	43.32	*	365
=	13.8925					/	43.32	*	365
=	117.05

Etteplan Oyj'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
=	( (13.576	+	63.313)	/	2 )	/	13.389	*	365 / 4
=	38.4445					/	13.389	*	365 / 4
=	262.01

Etteplan Oyj Days Payable Related Terms

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Etteplan Oyj (OHEL:ETTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Etteplan Oyj (OHEL:ETTE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EPL:Germany

Address

Tekniikantie 4 D, Espoo, FIN, 02150

Website

https://www.etteplan.com

Etteplan Oyj is engaged in providing engineering services. The company's operating segment includes Engineering Solutions; Software and Embedded Solutions and Technical Documentation Solutions. It generates maximum revenue from the Engineering Solutions segment. The company serves Aerospace and Defense; Consumer Products; Energy and Power Transmission; Automotive and Transportation; Forest, Pulp and Paper; Industrial Machinery and Components; Lifting and Hoisting; Medical Technology; Metal; Mining and Materials Handling; Offshore and Marine and other industries. Geographically, it derives a majority of revenue from Finland and also has a presence in Scandinavia; China and Central Europe.

Etteplan Oyj (OHEL:ETTE) Headlines

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