Fondia Oyj (OHEL:FONDIA) Days Payable : 12.77 (As of Jun. 2023)

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What is Fondia Oyj Days Payable?

Fondia Oyj's average Accounts Payable for the six months ended in Jun. 2023 was €0.66 Mil. Fondia Oyj's Cost of Goods Sold for the six months ended in Jun. 2023 was €9.38 Mil. Hence, Fondia Oyj's Days Payable for the six months ended in Jun. 2023 was 12.77.

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

OHEL:FONDIA' s Days Payable Range Over the Past 10 Years
Min: 12.49 Med: 18.07 Max: 23.91
Current: 12.61

During the past 9 years, Fondia Oyj's highest Days Payable was 23.91. The lowest was 12.49. And the median was 18.07.

OHEL:FONDIA's Days Payable is ranked worse than
80.81% of 99 companies
in the Personal Services industry
Industry Median: 29.13 vs OHEL:FONDIA: 12.61

Fondia Oyj's Days Payable increased from Jun. 2022 (10.77) to Jun. 2023 (12.77). It may suggest that Fondia Oyj delayed paying its suppliers.

Fondia Oyj Days Payable Historical Data

The historical data trend for Fondia 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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Fondia Oyj Days Payable Chart

Fondia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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23.91

22.86

22.43

21.20

18.07

Fondia Oyj Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial											18.56	12.63	10.77	14.58	12.77

Competitive Comparison of Fondia Oyj's Days Payable

For the Personal Services subindustry, Fondia 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.

Fondia Oyj's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fondia Oyj's Days Payable distribution charts can be found below:

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

Fondia 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.

Fondia Oyj's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.507	+	0.791)	/	2 )	/	13.109	*	365
=	0.649					/	13.109	*	365
=	18.07

Fondia Oyj's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.791	+	0.521)	/	2 )	/	9.378	*	365 / 2
=	0.656					/	9.378	*	365 / 2
=	12.77

Fondia Oyj Days Payable Related Terms

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Fondia Oyj (OHEL:FONDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fondia Oyj (OHEL:FONDIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lonnrotinkatu 5, Helsinki, FIN, FI-00120

Website

http://www.fondia.com

Fondia Oyj is a Finland based company. The firm provides transaction and finance, taxation, dispute resolution, and various other comprehensive legal services to the companies. Fondia has its geographical footprints in Finland, Sweden, Estonia, and Lithuania.

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