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ABS Investment ASI (WAR:AIN) Days Payable : 12.44 (As of Sep. 2023)


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What is ABS Investment ASI Days Payable?

ABS Investment ASI's average Accounts Payable for the three months ended in Sep. 2023 was zł0.01 Mil. ABS Investment ASI's Cost of Goods Sold for the three months ended in Sep. 2023 was zł0.09 Mil. Hence, ABS Investment ASI's Days Payable for the three months ended in Sep. 2023 was 12.44.

The historical rank and industry rank for ABS Investment ASI's Days Payable or its related term are showing as below:

WAR:AIN' s Days Payable Range Over the Past 10 Years
Min: 5.56   Med: 73.26   Max: 190.67
Current: 14.63

During the past 11 years, ABS Investment ASI's highest Days Payable was 190.67. The lowest was 5.56. And the median was 73.26.

WAR:AIN's Days Payable is not ranked
in the Asset Management industry.
Industry Median: 68.13 vs WAR:AIN: 14.63

ABS Investment ASI's Days Payable increased from Jun. 2022 (4.10) to Sep. 2023 (12.44). It may suggest that ABS Investment ASI delayed paying its suppliers.


ABS Investment ASI Days Payable Historical Data

The historical data trend for ABS Investment ASI'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.

ABS Investment ASI Days Payable Chart

ABS Investment ASI Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.49 122.34 23.86 73.26 75.53

ABS Investment ASI Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 4.10 3.04 9.44 17.83 12.44

Competitive Comparison of ABS Investment ASI's Days Payable

For the Asset Management subindustry, ABS Investment ASI'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.


ABS Investment ASI's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ABS Investment ASI's Days Payable distribution charts can be found below:

* The bar in red indicates where ABS Investment ASI's Days Payable falls into.



ABS Investment ASI 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.

ABS Investment ASI's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.144 + 0.029) / 2 ) / 0.418*365
=0.0865 / 0.418*365
=75.53

ABS Investment ASI's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.018 + 0.006) / 2 ) / 0.088*365 / 4
=0.012 / 0.088*365 / 4
=12.44

* 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.


ABS Investment ASI Days Payable Related Terms

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ABS Investment ASI (WAR:AIN) Business Description

Traded in Other Exchanges
N/A
Address
A.Frycza-Modrzewskiego 20, Bielsko-Biala, POL, 43-300
ABS Investment ASI SA is an investment company. The company operates in direct equity investments in public and private companies.

ABS Investment ASI (WAR:AIN) Headlines