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Norwegian Block Exchange AS (OSL:NBX) Days Payable : 160.83 (As of Dec. 2023)


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What is Norwegian Block Exchange AS Days Payable?

Norwegian Block Exchange AS's average Accounts Payable for the six months ended in Dec. 2023 was kr3.25 Mil. Norwegian Block Exchange AS's Cost of Goods Sold for the six months ended in Dec. 2023 was kr3.69 Mil. Hence, Norwegian Block Exchange AS's Days Payable for the six months ended in Dec. 2023 was 160.83.

The historical rank and industry rank for Norwegian Block Exchange AS's Days Payable or its related term are showing as below:

OSL:NBX' s Days Payable Range Over the Past 10 Years
Min: 44.59   Med: 73.8   Max: 2110.18
Current: 83

During the past 6 years, Norwegian Block Exchange AS's highest Days Payable was 2110.18. The lowest was 44.59. And the median was 73.80.

OSL:NBX's Days Payable is ranked worse than
55.28% of 521 companies
in the Capital Markets industry
Industry Median: 109.74 vs OSL:NBX: 83.00

Norwegian Block Exchange AS's Days Payable increased from Dec. 2022 (40.69) to Dec. 2023 (160.83). It may suggest that Norwegian Block Exchange AS delayed paying its suppliers.


Norwegian Block Exchange AS Days Payable Historical Data

The historical data trend for Norwegian Block Exchange AS'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.

Norwegian Block Exchange AS Days Payable Chart

Norwegian Block Exchange AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 126.95 44.59 67.37 55.12 80.22

Norwegian Block Exchange AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only - 44.73 40.69 47.92 160.83

Competitive Comparison of Norwegian Block Exchange AS's Days Payable

For the Capital Markets subindustry, Norwegian Block Exchange AS'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.


Norwegian Block Exchange AS's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Norwegian Block Exchange AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Norwegian Block Exchange AS's Days Payable falls into.



Norwegian Block Exchange AS 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.

Norwegian Block Exchange AS'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
=( (1.291 + 3.735) / 2 ) / 11.434*365
=2.513 / 11.434*365
=80.22

Norwegian Block Exchange AS'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
=( (2.774 + 3.735) / 2 ) / 3.693*365 / 2
=3.2545 / 3.693*365 / 2
=160.83

* 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.


Norwegian Block Exchange AS Days Payable Related Terms

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Norwegian Block Exchange AS (OSL:NBX) Business Description

Traded in Other Exchanges
Address
Snaroyveien 36, Fornebu, NOR, 1364
Norwegian Block Exchange AS is a cryptocurrency exchange, custodian and a payment system.

Norwegian Block Exchange AS (OSL:NBX) Headlines

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