Gasporox AB (OSTO:GPX) Days Payable : 393.08 (As of Mar. 2024)

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What is Gasporox AB Days Payable?

Gasporox AB's average Accounts Payable for the three months ended in Mar. 2024 was kr1.68 Mil. Gasporox AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.39 Mil. Hence, Gasporox AB's Days Payable for the three months ended in Mar. 2024 was 393.08.

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

OSTO:GPX' s Days Payable Range Over the Past 10 Years
Min: 157.2 Med: 359.63 Max: 1001.39
Current: 931.67

During the past 10 years, Gasporox AB's highest Days Payable was 1001.39. The lowest was 157.20. And the median was 359.63.

OSTO:GPX's Days Payable is ranked better than
98.84% of 2421 companies
in the Hardware industry
Industry Median: 67.64 vs OSTO:GPX: 931.67

Gasporox AB's Days Payable declined from Mar. 2023 (642.85) to Mar. 2024 (393.08). It may suggest that Gasporox AB accelerated paying its suppliers.

Gasporox AB Days Payable Historical Data

The historical data trend for Gasporox 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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Gasporox AB Days Payable Chart

Gasporox AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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157.20

1,001.39

Gasporox AB Quarterly Data
	Jun19	Sep19	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															642.85	-	-	-	393.08

Competitive Comparison of Gasporox AB's Days Payable

For the Scientific & Technical Instruments subindustry, Gasporox 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.

Gasporox AB's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gasporox AB's Days Payable distribution charts can be found below:

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

Gasporox 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.

Gasporox 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
=	( (2.353	+	1.68)	/	2 )	/	0.735	*	365
=	2.0165					/	0.735	*	365
=	1,001.39

Gasporox 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
=	( (1.68	+	0)	/	1 )	/	0.39	*	365 / 4
=	1.68					/	0.39	*	365 / 4
=	393.08

Gasporox AB Days Payable Related Terms

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Gasporox AB (OSTO:GPX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gasporox AB (OSTO:GPX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maskinvagen 1, Lund, SWE, 22730

Website

http://www.gasporox.se

Gasporox AB offers quality systems for packaging with a protective atmosphere. The firm offers laser-based products in three different markets for medicines, foods and beverages that can be used for a variety of applications, gases and packaging. In addition, the company also offers leak testing of packaging to check its intact.