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Intrum AB (OSTO:INTRUM) Days Payable : 125.82 (As of Mar. 2024)


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What is Intrum AB Days Payable?

Intrum AB's average Accounts Payable for the three months ended in Mar. 2024 was kr3,176 Mil. Intrum AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2,303 Mil. Hence, Intrum AB's Days Payable for the three months ended in Mar. 2024 was 125.82.

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

OSTO:INTRUM' s Days Payable Range Over the Past 10 Years
Min: 14.58   Med: 19.01   Max: 140.81
Current: 91.79

During the past 13 years, Intrum AB's highest Days Payable was 140.81. The lowest was 14.58. And the median was 19.01.

OSTO:INTRUM's Days Payable is ranked better than
64.91% of 285 companies
in the Credit Services industry
Industry Median: 48.78 vs OSTO:INTRUM: 91.79

Intrum AB's Days Payable increased from Mar. 2023 (23.79) to Mar. 2024 (125.82). It may suggest that Intrum AB delayed paying its suppliers.


Intrum AB Days Payable Historical Data

The historical data trend for Intrum 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.

Intrum AB Days Payable Chart

Intrum AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 19.30 133.83 140.81 14.58

Intrum 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.79 13.58 115.55 107.30 125.82

Competitive Comparison of Intrum AB's Days Payable

For the Credit Services subindustry, Intrum 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.


Intrum AB's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Intrum AB's Days Payable distribution charts can be found below:

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



Intrum 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.

Intrum 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
=( (440 + 332) / 2 ) / 9663*365
=386 / 9663*365
=14.58

Intrum 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
=( (332 + 6019) / 2 ) / 2303*365 / 4
=3175.5 / 2303*365 / 4
=125.82

* 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.


Intrum AB Days Payable Related Terms

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Intrum AB (OSTO:INTRUM) Business Description

Traded in Other Exchanges
Address
Sicklastraket 4, Nacka, Stockholm, SWE, 131 54
Intrum AB is a provider of credit management and related financial services. The company operates in three segments: credit management services, which provide services such as credit optimization and payment collection to ensure that customers pay companies; portfolio investments, which purchases overdue debts; and strategic markets, which focus on growing business in Greece, Italy, and Spain. The majority of revenue comes from the Portfolio Investments segment, specifically within the banking and credit card industries. Intrum AB operates throughout Europe, with some business in Brazil.

Intrum AB (OSTO:INTRUM) Headlines

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