Tendo AB (XSAT:TENDO) Days Payable : 0.00 (As of Mar. 2024)

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What is Tendo AB Days Payable?

Tendo AB's average Accounts Payable for the three months ended in Mar. 2024 was kr0.95 Mil. Tendo AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr-0.68 Mil.

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

XSAT:TENDO's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 72.55
* Ranked among companies with meaningful Days Payable only.

Tendo AB's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Tendo AB Days Payable Historical Data

The historical data trend for Tendo 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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Tendo AB Days Payable Chart

Tendo AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

Tendo AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Tendo AB's Days Payable

For the Medical Devices subindustry, Tendo 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.

Tendo AB's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tendo AB's Days Payable distribution charts can be found below:

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

Tendo 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.

Tendo 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
=	( (1.201	+	1.048)	/	2 )	/	-4.931	*	365
=	1.1245					/	-4.931	*	365
=	N/A

Tendo 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
=	( (1.048	+	0.854)	/	2 )	/	-0.68	*	365 / 4
=	0.951					/	-0.68	*	365 / 4
=	N/A

Tendo AB Days Payable Related Terms

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Tendo AB (XSAT:TENDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tendo AB (XSAT:TENDO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7ZO:Germany

Address

Scheelevagen 15, Lund, SWE, 22363

Website

https://www.tendoforpeople.se

Tendo AB is a medical technology company that develops robotic medical devices. It is in the process of developing the product Tendo OneGrip, a glove with a so-called integrated exoskeleton, which assists people with limited hand function as a result of a spinal cord injury.

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