HAV Group ASA (OSL:HAV) Days Payable : 54.44 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is HAV Group ASA Days Payable?

HAV Group ASA's average Accounts Payable for the three months ended in Dec. 2023 was kr53.5 Mil. HAV Group ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr89.7 Mil. Hence, HAV Group ASA's Days Payable for the three months ended in Dec. 2023 was 54.44.

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

OSL:HAV' s Days Payable Range Over the Past 10 Years
Min: 29.81 Med: 61.07 Max: 160.49
Current: 36.84

During the past 7 years, HAV Group ASA's highest Days Payable was 160.49. The lowest was 29.81. And the median was 61.07.

OSL:HAV's Days Payable is ranked worse than
52.72% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs OSL:HAV: 36.84

HAV Group ASA's Days Payable increased from Dec. 2022 (42.77) to Dec. 2023 (54.44). It may suggest that HAV Group ASA delayed paying its suppliers.

HAV Group ASA Days Payable Historical Data

The historical data trend for HAV Group 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.

HAV Group ASA Days Payable Chart

HAV Group ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

68.99

160.49

79.41

32.81

29.81

HAV Group ASA Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															42.77	42.81	42.71	26.68	54.44

Competitive Comparison of HAV Group ASA's Days Payable

For the Marine Shipping subindustry, HAV Group 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.

HAV Group ASA's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, HAV Group ASA's Days Payable distribution charts can be found below:

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

HAV Group 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.

HAV Group 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
=	( (40.182	+	43.964)	/	2 )	/	515.223	*	365
=	42.073					/	515.223	*	365
=	29.81

HAV Group 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (63.071	+	43.964)	/	2 )	/	89.707	*	365 / 4
=	53.5175					/	89.707	*	365 / 4
=	54.44

HAV Group ASA Days Payable Related Terms

Thank you for viewing the detailed overview of HAV Group ASA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

HAV Group ASA (OSL:HAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » HAV Group ASA (OSL:HAV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6HH:Germany

Address

Holmefjordvegen 1, Fosnavag, NOR, 6090

Website

https://www.havgroup.no

HAV Group ASA is a provider of solutions and technology to the global marine and maritime industries. The group's vision is to contribute to the green shift through innovative solutions and high-end products for the ocean industries. It offers ship design, shipbuilding technology, ship equipment and systems, and service to sailing ships worldwide.

HAV Group ASA (OSL:HAV) Headlines

No Headlines