Airthings ASA (OSL:AIRX) Days Payable : 118.12 (As of Mar. 2024)

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What is Airthings ASA Days Payable?

Airthings ASA's average Accounts Payable for the three months ended in Mar. 2024 was kr51.6 Mil. Airthings ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr39.8 Mil. Hence, Airthings ASA's Days Payable for the three months ended in Mar. 2024 was 118.12.

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

OSL:AIRX' s Days Payable Range Over the Past 10 Years
Min: 93.46 Med: 124.61 Max: 164.29
Current: 124.45

During the past 7 years, Airthings ASA's highest Days Payable was 164.29. The lowest was 93.46. And the median was 124.61.

OSL:AIRX's Days Payable is ranked better than
71.15% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs OSL:AIRX: 124.45

Airthings ASA's Days Payable increased from Mar. 2023 (116.21) to Mar. 2024 (118.12). It may suggest that Airthings ASA delayed paying its suppliers.

Airthings ASA Days Payable Historical Data

The historical data trend for Airthings ASA'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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Airthings ASA Days Payable Chart

Airthings ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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164.29

124.61

104.65

104.43

93.46

Airthings ASA Quarterly Data
	Dec18	Jun19	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															116.21	188.08	129.94	108.77	118.12

Competitive Comparison of Airthings ASA's Days Payable

For the Electrical Equipment & Parts subindustry, Airthings ASA'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.

Airthings ASA's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Airthings ASA's Days Payable falls into.

Airthings ASA 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.

Airthings ASA'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
=	( (38.898	+	38.368)	/	2 )	/	150.878	*	365
=	38.633					/	150.878	*	365
=	93.46

Airthings ASA'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
=	( (38.368	+	64.797)	/	2 )	/	39.849	*	365 / 4
=	51.5825					/	39.849	*	365 / 4
=	118.12

Airthings ASA Days Payable Related Terms

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Airthings ASA (OSL:AIRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Airthings ASA (OSL:AIRX) » Definitions » Days Payable

Traded in Other Exchanges

64J:Germany

Address

Wergelandsveien 7, Oslo, NOR, 0167

Website

https://www.airthings.com

Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which uses software solutions to monitor air quality and create and maintain a healthy living environment.

Airthings ASA (OSL:AIRX) Headlines

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