Viafin Service Oyj (OHEL:VIAFIN) Days Payable : 103.34 (As of Dec. 2023)

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What is Viafin Service Oyj Days Payable?

Viafin Service Oyj's average Accounts Payable for the six months ended in Dec. 2023 was €11.53 Mil. Viafin Service Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €20.37 Mil. Hence, Viafin Service Oyj's Days Payable for the six months ended in Dec. 2023 was 103.34.

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

OHEL:VIAFIN' s Days Payable Range Over the Past 10 Years
Min: 28.81 Med: 46.59 Max: 161.14
Current: 127.92

During the past 6 years, Viafin Service Oyj's highest Days Payable was 161.14. The lowest was 28.81. And the median was 46.59.

OHEL:VIAFIN's Days Payable is ranked better than
72.01% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs OHEL:VIAFIN: 127.92

Viafin Service Oyj's Days Payable increased from Dec. 2022 (72.76) to Dec. 2023 (103.34). It may suggest that Viafin Service Oyj delayed paying its suppliers.

Viafin Service Oyj Days Payable Historical Data

The historical data trend for Viafin Service 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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Viafin Service Oyj Days Payable Chart

Viafin Service Oyj Annual Data

Trend

Jul17

Jul18

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.81

46.59

41.65

59.43

Viafin Service Oyj Semi-Annual Data
	Jul17	Jul18	Jan19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						31.52	257.27	72.76	342.16	103.34

Competitive Comparison of Viafin Service Oyj's Days Payable

For the Specialty Industrial Machinery subindustry, Viafin Service 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.

Viafin Service Oyj's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Viafin Service Oyj's Days Payable distribution charts can be found below:

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

Viafin Service 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.

Viafin Service 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
=	( (5.344	+	3.456)	/	2 )	/	27.022	*	365
=	4.4					/	27.022	*	365
=	59.43

Viafin Service 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
=	( (19.61	+	3.456)	/	2 )	/	20.367	*	365 / 2
=	11.533					/	20.367	*	365 / 2
=	103.34

Viafin Service Oyj Days Payable Related Terms

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Viafin Service Oyj (OHEL:VIAFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Viafin Service Oyj (OHEL:VIAFIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kullervonkatu 15, Tampere, FIN, 33500

Website

http://www.viafinservice.fi

Viafin Service Oyj is specialized in industrial maintenance services, installation, and maintenance of industrial piping, equipment, and gas-based systems. It offers wide range of services includes maintenance and system supply of LNG and biogas systems, gas grids, and gas filling stations. The company's business is mainly in Finland and its clientele consists of several major companies in the pulp, energy, chemical, and metal industry.

Viafin Service Oyj (OHEL:VIAFIN) Headlines

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