SRV Yhtiot Oyj (OHEL:SRV1V) Days Payable : 57.29 (As of Mar. 2024)

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What is SRV Yhtiot Oyj Days Payable?

SRV Yhtiot Oyj's average Accounts Payable for the three months ended in Mar. 2024 was €90.0 Mil. SRV Yhtiot Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €143.3 Mil. Hence, SRV Yhtiot Oyj's Days Payable for the three months ended in Mar. 2024 was 57.29.

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

OHEL:SRV1V' s Days Payable Range Over the Past 10 Years
Min: 15.06 Med: 26.82 Max: 80.19
Current: 80.19

During the past 13 years, SRV Yhtiot Oyj's highest Days Payable was 80.19. The lowest was 15.06. And the median was 26.82.

OHEL:SRV1V's Days Payable is ranked better than
52.53% of 1599 companies
in the Construction industry
Industry Median: 75.97 vs OHEL:SRV1V: 80.19

SRV Yhtiot Oyj's Days Payable declined from Mar. 2023 (69.50) to Mar. 2024 (57.29). It may suggest that SRV Yhtiot Oyj accelerated paying its suppliers.

SRV Yhtiot Oyj Days Payable Historical Data

The historical data trend for SRV Yhtiot 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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SRV Yhtiot Oyj Days Payable Chart

SRV Yhtiot Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.00

29.56

25.61

27.21

28.31

SRV Yhtiot 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															69.50	104.97	105.10	50.96	57.29

Competitive Comparison of SRV Yhtiot Oyj's Days Payable

For the Engineering & Construction subindustry, SRV Yhtiot 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.

SRV Yhtiot Oyj's Days Payable Distribution in the Construction Industry

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

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

SRV Yhtiot 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.

SRV Yhtiot 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
=	( (43.026	+	38.524)	/	2 )	/	525.629	*	365
=	40.775					/	525.629	*	365
=	28.31

SRV Yhtiot 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
=	( (38.524	+	141.4)	/	2 )	/	143.3	*	365 / 4
=	89.962					/	143.3	*	365 / 4
=	57.29

SRV Yhtiot Oyj Days Payable Related Terms

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SRV Yhtiot Oyj (OHEL:SRV1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SRV Yhtiot Oyj (OHEL:SRV1V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

B7J1:Germany

Address

Tarvonsalmenkatu 15, Derby Business Park, Espoo, FIN, 02600

Website

https://www.srv.fi

SRV Yhtiöt Oyj develops and constructs residential, business, industrial, and logistics projects. The company operates in two segments: Construction and Investments. Its services include housing construction, commercial construction, infrastructure construction, development services, and real estate investment. Nearly all of its revenue comes from the Construction segment.

SRV Yhtiot Oyj (OHEL:SRV1V) Headlines

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