Storytel AB (OSTO:STORY B) Days Payable : 48.82 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Storytel AB Days Payable?

Storytel AB's average Accounts Payable for the three months ended in Mar. 2024 was kr275 Mil. Storytel AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr513 Mil. Hence, Storytel AB's Days Payable for the three months ended in Mar. 2024 was 48.82.

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

OSTO:STORY B' s Days Payable Range Over the Past 10 Years
Min: 26.86 Med: 36.72 Max: 53.44
Current: 31.78

During the past 13 years, Storytel AB's highest Days Payable was 53.44. The lowest was 26.86. And the median was 36.72.

OSTO:STORY B's Days Payable is ranked worse than
78.7% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs OSTO:STORY B: 31.78

Storytel AB's Days Payable increased from Mar. 2023 (23.05) to Mar. 2024 (48.82). It may suggest that Storytel AB delayed paying its suppliers.

Storytel AB Days Payable Historical Data

The historical data trend for Storytel 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.

Storytel AB Days Payable Chart

Storytel AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.22

35.01

36.22

26.86

32.24

Storytel 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															23.05	-	-	35.84	48.82

Competitive Comparison of Storytel AB's Days Payable

For the Publishing subindustry, Storytel 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.

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

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

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

Storytel 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.

Storytel 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
=	( (121.43	+	274.658)	/	2 )	/	2241.895	*	365
=	198.044					/	2241.895	*	365
=	32.24

Storytel 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
=	( (274.658	+	0)	/	1 )	/	513.415	*	365 / 4
=	274.658					/	513.415	*	365 / 4
=	48.82

Storytel AB Days Payable Related Terms

Thank you for viewing the detailed overview of Storytel AB's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Storytel AB (OSTO:STORY B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Storytel AB (OSTO:STORY B) » Definitions » Days Payable

Traded in Other Exchanges

DST:Germany

Address

Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51

Website

https://www.storytel.com/in/en

Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.

Storytel AB (OSTO:STORY B) Headlines

No Headlines