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Adtraction Group AB (OSTO:ADTR) Days Payable : 2.10 (As of Mar. 2024)


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What is Adtraction Group AB Days Payable?

Adtraction Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr5 Mil. Adtraction Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr232 Mil. Hence, Adtraction Group AB's Days Payable for the three months ended in Mar. 2024 was 2.10.

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

OSTO:ADTR' s Days Payable Range Over the Past 10 Years
Min: 1.38   Med: 4.54   Max: 29.61
Current: 1.38

During the past 5 years, Adtraction Group AB's highest Days Payable was 29.61. The lowest was 1.38. And the median was 4.54.

OSTO:ADTR's Days Payable is ranked worse than
98.93% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs OSTO:ADTR: 1.38

Adtraction Group AB's Days Payable increased from Mar. 2023 (1.18) to Mar. 2024 (2.10). It may suggest that Adtraction Group AB delayed paying its suppliers.

Adtraction Group AB Days Payable Historical Data

The historical data trend for Adtraction Group AB'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.

Adtraction Group AB Days Payable Chart

Adtraction Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
29.61 14.69 4.54 3.97 1.59

Adtraction Group AB Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 0.94 1.16 1.53 2.10

Competitive Comparison of Adtraction Group AB's Days Payable

For the Advertising Agencies subindustry, Adtraction Group AB'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.

Adtraction Group AB's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adtraction Group AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Adtraction Group AB's Days Payable falls into.


Adtraction Group AB 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.

Adtraction Group AB'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
=( (3.675 + 5.812) / 2 ) / 1089.751*365
=4.7435 / 1089.751*365
=1.59

Adtraction Group AB'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
=( (5.812 + 4.842) / 2 ) / 231.754*365 / 4
=5.327 / 231.754*365 / 4
=2.10

* 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.

Adtraction Group AB Days Payable Related Terms

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Adtraction Group AB (OSTO:ADTR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adtraction Group AB (OSTO:ADTR) » Definitions » Days Payable
Comparable Companies
OSTO:RAKE OSTO:TRAD NGM:ADVT OSTO:LINKFI XSAT:MODI OSTO:AYIMA B XSAT:SOCIAL XSAT:BRANDB XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751 SAU:4071 XTER:SAX
Traded in Other Exchanges
N/A
Address
Biblioteksgatan 29, Stockholm, SWE, 114 35
Website
https://www.adtraction.com
Adtraction Group AB is a full-service partner marketing platform, helping brands across multiple industries attract new customers, while helping partners monetise content and traffic. With a user-friendly platform, Adtraction connects brands with a diverse range of marketing partners, ranging from content sites, influencers, affiliates, mobile apps and comparison sites.