Honkarakenne Oyj (OHEL:HONBS) Days Payable : 87.84 (As of Dec. 2023)

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What is Honkarakenne Oyj Days Payable?

Honkarakenne Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €8.24 Mil. Honkarakenne Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.12 Mil. Hence, Honkarakenne Oyj's Days Payable for the six months ended in Dec. 2023 was 87.84.

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

OHEL:HONBS' s Days Payable Range Over the Past 10 Years
Min: 14.29 Med: 24.29 Max: 83.03
Current: 71.69

During the past 13 years, Honkarakenne Oyj's highest Days Payable was 83.03. The lowest was 14.29. And the median was 24.29.

OHEL:HONBS's Days Payable is ranked better than
66.67% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 40.95 vs OHEL:HONBS: 71.69

Honkarakenne Oyj's Days Payable declined from Dec. 2022 (95.82) to Dec. 2023 (87.84). It may suggest that Honkarakenne Oyj accelerated paying its suppliers.

Honkarakenne Oyj Days Payable Historical Data

The historical data trend for Honkarakenne 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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Honkarakenne Oyj Days Payable Chart

Honkarakenne Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

14.29

21.62

25.46

20.66

25.78

Honkarakenne Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															22.41	107.16	95.82	102.53	87.84

Competitive Comparison of Honkarakenne Oyj's Days Payable

For the Residential Construction subindustry, Honkarakenne 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.

Honkarakenne Oyj's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Honkarakenne Oyj's Days Payable distribution charts can be found below:

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

Honkarakenne 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.

Honkarakenne 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
=	( (2.329	+	2.179)	/	2 )	/	31.918	*	365
=	2.254					/	31.918	*	365
=	25.78

Honkarakenne 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
=	( (14.3	+	2.179)	/	2 )	/	17.118	*	365 / 2
=	8.2395					/	17.118	*	365 / 2
=	87.84

Honkarakenne Oyj Days Payable Related Terms

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Honkarakenne Oyj (OHEL:HONBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Honkarakenne Oyj (OHEL:HONBS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hongantie 41, Karstula, FIN, FI-43500

Website

https://www.honka.com

Honkarakenne Oyj is a Finnish company engaged in the manufacture and sales of log houses in Finland and abroad. It supplies contemporary log homes, traditional log homes, holiday lodges and log cabins for organic, healthy and ecological living. The company also offers services including Honka design service, building service, and extension service. Its business is divided into two geographical operating segments including Finland and Export. The company derives a majority of its revenue from Finland.

Honkarakenne Oyj (OHEL:HONBS) Headlines

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