Aker Solutions ASA (OSL:AKSO) Days Payable : 26.32 (As of Dec. 2023)

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What is Aker Solutions ASA Days Payable?

Aker Solutions ASA's average Accounts Payable for the six months ended in Dec. 2023 was kr3,009 Mil. Aker Solutions ASA's Cost of Goods Sold for the six months ended in Dec. 2023 was kr20,860 Mil. Hence, Aker Solutions ASA's Days Payable for the six months ended in Dec. 2023 was 26.32.

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

OSL:AKSO' s Days Payable Range Over the Past 10 Years
Min: 38.05 Med: 59.12 Max: 112.21
Current: 49.15

During the past 13 years, Aker Solutions ASA's highest Days Payable was 112.21. The lowest was 38.05. And the median was 59.12.

OSL:AKSO's Days Payable is ranked worse than
57.49% of 901 companies
in the Oil & Gas industry
Industry Median: 60.37 vs OSL:AKSO: 49.15

Aker Solutions ASA's Days Payable declined from Dec. 2022 (30.25) to Dec. 2023 (26.32). It may suggest that Aker Solutions ASA accelerated paying its suppliers.

Aker Solutions ASA Days Payable Historical Data

The historical data trend for Aker Solutions 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.

* Premium members only.

Aker Solutions ASA Days Payable Chart

Aker Solutions ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.05

59.03

43.38

47.55

44.25

Aker Solutions ASA 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															17.50	641.46	30.25	954.38	26.32

Competitive Comparison of Aker Solutions ASA's Days Payable

For the Oil & Gas Equipment & Services subindustry, Aker Solutions 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.

Aker Solutions ASA's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker Solutions ASA's Days Payable distribution charts can be found below:

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

Aker Solutions 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.

Aker Solutions 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
=	( (2645	+	2554)	/	2 )	/	21444	*	365
=	2599.5					/	21444	*	365
=	44.25

Aker Solutions ASA'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
=	( (3463	+	2554)	/	2 )	/	20860	*	365 / 2
=	3008.5					/	20860	*	365 / 2
=	26.32

Aker Solutions ASA Days Payable Related Terms

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Aker Solutions ASA (OSL:AKSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker Solutions ASA (OSL:AKSO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AKSOo:Sweden AKSOo:UK 0QXP:UK 1AKA:Germany

Address

Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366

Website

https://www.akersolutions.com

Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

Aker Solutions ASA (OSL:AKSO) Headlines

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