SinterCast AB (OSTO:SINT) Days Payable : 39.92 (As of Mar. 2024)

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What is SinterCast AB Days Payable?

SinterCast AB's average Accounts Payable for the three months ended in Mar. 2024 was kr4.2 Mil. SinterCast AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr9.6 Mil. Hence, SinterCast AB's Days Payable for the three months ended in Mar. 2024 was 39.92.

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

OSTO:SINT' s Days Payable Range Over the Past 10 Years
Min: 35.53 Med: 55.14 Max: 65.7
Current: 35.53

During the past 13 years, SinterCast AB's highest Days Payable was 65.70. The lowest was 35.53. And the median was 55.14.

OSTO:SINT's Days Payable is ranked worse than
84.47% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs OSTO:SINT: 35.53

SinterCast AB's Days Payable increased from Mar. 2023 (35.36) to Mar. 2024 (39.92). It may suggest that SinterCast AB delayed paying its suppliers.

SinterCast AB Days Payable Historical Data

The historical data trend for SinterCast 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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SinterCast AB Days Payable Chart

SinterCast AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.41

57.24

39.65

37.07

37.01

SinterCast 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															35.36	-	-	36.50	39.92

Competitive Comparison of SinterCast AB's Days Payable

For the Specialty Industrial Machinery subindustry, SinterCast 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.

SinterCast AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SinterCast AB's Days Payable distribution charts can be found below:

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

SinterCast 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.

SinterCast 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
=	( (3.1	+	4.2)	/	2 )	/	36	*	365
=	3.65					/	36	*	365
=	37.01

SinterCast 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
=	( (4.2	+	0)	/	1 )	/	9.6	*	365 / 4
=	4.2					/	9.6	*	365 / 4
=	39.92

SinterCast AB Days Payable Related Terms

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SinterCast AB (OSTO:SINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SinterCast AB (OSTO:SINT) » Definitions » Days Payable

Comparable Companies

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0HW9:UK

Address

Kungsgatan 2, Technical Centre, Katrineholm, SWE, 641 30

Website

https://www.sintercast.com

SinterCast AB is a supplier of process control technology for the reliable high-volume production of Compacted Graphite Iron (CGI). The company has classified its revenue that is Equipment, which includes sold and leased systems, mini-systems, and spare parts; Series Production includes consumables, production fees, and software license fees; Engineering Services, which includes performed engineering services, demonstrations, and sales of test pieces; and Group Sales, which represent delivery to foreign subsidiaries of equipment, and engineering service. The sales of the Series Production category generate maximum revenue for the company. Geographically, it derives the majority of its revenue from Brazil followed by Mexico.