Sitowise Group (OHEL:SITOWS) Days Payable : 657.95 (As of Mar. 2024)

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What is Sitowise Group Days Payable?

Sitowise Group's average Accounts Payable for the three months ended in Mar. 2024 was €30.9 Mil. Sitowise Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €4.3 Mil. Hence, Sitowise Group's Days Payable for the three months ended in Mar. 2024 was 657.95.

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

OHEL:SITOWS' s Days Payable Range Over the Past 10 Years
Min: 131.2 Med: 395.72 Max: 1003.25
Current: 753.2

During the past 6 years, Sitowise Group's highest Days Payable was 1003.25. The lowest was 131.20. And the median was 395.72.

OHEL:SITOWS's Days Payable is ranked better than
96.31% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs OHEL:SITOWS: 753.20

Sitowise Group's Days Payable increased from Mar. 2023 (568.66) to Mar. 2024 (657.95). It may suggest that Sitowise Group delayed paying its suppliers.

Sitowise Group Days Payable Historical Data

The historical data trend for Sitowise 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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Sitowise Group Days Payable Chart

Sitowise Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,003.25

650.57

140.86

131.20

131.71

Sitowise Group Quarterly Data
	Dec18	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														568.66	850.82	956.97	404.45	657.95

Competitive Comparison of Sitowise Group's Days Payable

For the Engineering & Construction subindustry, Sitowise 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.

Sitowise Group's Days Payable Distribution in the Construction Industry

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

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

Sitowise 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.

Sitowise 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
=	( (8.429	+	7.082)	/	2 )	/	21.493	*	365
=	7.7555					/	21.493	*	365
=	131.71

Sitowise 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
=	( (7.082	+	54.639)	/	2 )	/	4.28	*	365 / 4
=	30.8605					/	4.28	*	365 / 4
=	657.95

Sitowise Group Days Payable Related Terms

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Sitowise Group (OHEL:SITOWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sitowise Group PLC (OHEL:SITOWS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1FT:Germany

Address

Linnoitustie 6 D, Espoo, FIN, 02600

Website

https://www.sitowise.com

Sitowise Group PLC is a Nordic expert in the built environment that offers sustainable design and consulting services. The company operates in various size projects to enable more responsible and smarter urban development as well as smooth transportation. Sitowise offers its services in Buildings, Infrastructure and Digital Solution areas.

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