Safe at Sea AB (XSAT:SAFE) Days Payable : 0.00 (As of Mar. 2024)

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What is Safe at Sea AB Days Payable?

Safe at Sea AB's average Accounts Payable for the three months ended in Mar. 2024 was kr0.00 Mil. Safe at Sea AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2.60 Mil. Hence, Safe at Sea AB's Days Payable for the three months ended in Mar. 2024 was 0.00.

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

XSAT:SAFE' s Days Payable Range Over the Past 10 Years
Min: 31.76 Med: 80.67 Max: 196.18
Current: 46.06

During the past 13 years, Safe at Sea AB's highest Days Payable was 196.18. The lowest was 31.76. And the median was 80.67.

XSAT:SAFE's Days Payable is ranked worse than
51.74% of 922 companies
in the Business Services industry
Industry Median: 47.92 vs XSAT:SAFE: 46.06

Safe at Sea AB's Days Payable declined from Dec. 2022 (59.46) to Mar. 2024 (0.00). It may suggest that Safe at Sea AB accelerated paying its suppliers.

Safe at Sea AB Days Payable Historical Data

The historical data trend for Safe at Sea 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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Safe at Sea AB Days Payable Chart

Safe at Sea AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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71.04

90.29

176.31

181.67

126.37

Safe at Sea AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															59.46	37.76	-	-	-

Competitive Comparison of Safe at Sea AB's Days Payable

For the Security & Protection Services subindustry, Safe at Sea 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.

Safe at Sea AB's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Safe at Sea AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Safe at Sea AB's Days Payable falls into.

Safe at Sea 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.

Safe at Sea AB's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.759	+	0.722)	/	2 )	/	5.027	*	365
=	1.7405					/	5.027	*	365
=	126.37

Safe at Sea 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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.597	*	365 / 4
=	0					/	2.597	*	365 / 4
=	0.00

Safe at Sea AB Days Payable Related Terms

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Safe at Sea AB (XSAT:SAFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Safe at Sea AB (XSAT:SAFE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Importgatan 15F, Hisings Backa, SWE, 442 46

Website

http://www.safeatsea.se

Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.