Embellence Group AB (OSTO:EMBELL) Days Payable : 57.08 (As of Mar. 2024)

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What is Embellence Group AB Days Payable?

Embellence Group AB's average Accounts Payable for the three months ended in Mar. 2024 was kr55.9 Mil. Embellence Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr89.3 Mil. Hence, Embellence Group AB's Days Payable for the three months ended in Mar. 2024 was 57.08.

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

OSTO:EMBELL' s Days Payable Range Over the Past 10 Years
Min: 59.51 Med: 66.61 Max: 73.09
Current: 63.75

During the past 7 years, Embellence Group AB's highest Days Payable was 73.09. The lowest was 59.51. And the median was 66.61.

OSTO:EMBELL's Days Payable is ranked worse than
53.35% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs OSTO:EMBELL: 63.75

Embellence Group AB's Days Payable declined from Mar. 2023 (58.71) to Mar. 2024 (57.08). It may suggest that Embellence Group AB accelerated paying its suppliers.

Embellence Group AB Days Payable Historical Data

The historical data trend for Embellence 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.

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Embellence Group AB Days Payable Chart

Embellence Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.09

72.74

63.37

59.51

60.59

Embellence Group AB Quarterly Data
	Dec18	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														58.71	79.64	59.79	56.97	57.08

Competitive Comparison of Embellence Group AB's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Embellence 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.

Embellence Group AB's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Embellence Group AB's Days Payable distribution charts can be found below:

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

Embellence 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.

Embellence 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
=	( (48.925	+	53.315)	/	2 )	/	307.937	*	365
=	51.12					/	307.937	*	365
=	60.59

Embellence 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
=	( (53.315	+	58.4)	/	2 )	/	89.3	*	365 / 4
=	55.8575					/	89.3	*	365 / 4
=	57.08

Embellence Group AB Days Payable Related Terms

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Embellence Group AB (OSTO:EMBELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Embellence Group AB (OSTO:EMBELL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ryssnasgatan 8, Boras, SWE, 504 64

Website

https://www.embellencegroup.com

Embellence Group AB acquires, owns, and develops brands in wallpaper, textiles, rugs and other interior decoration. The company's brand portfolio comprises Cole and Son, Wall&deco, Borastapeter, Perswall and Pappelina. Geographically, it derives a majority of revenue from the Nordics region.

Embellence Group AB (OSTO:EMBELL) Headlines

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