Neonode (Neonode) Days Payable

: 10.24 (As of Dec. 2023)

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Neonode's average Accounts Payable for the three months ended in Dec. 2023 was $0.48 Mil. Neonode's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.23 Mil. Hence, Neonode's Days Payable for the three months ended in Dec. 2023 was 10.24.

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

NEON' s Days Payable Range Over the Past 10 Years
Min: 31.1 Med: 226.05 Max: 355.45
Current: 33.85

During the past 13 years, Neonode's highest Days Payable was 355.45. The lowest was 31.10. And the median was 226.05.

NEON's Days Payable is ranked worse than
84.37% of 2418 companies
in the Hardware industry
Industry Median: 68.085 vs NEON: 33.85

Neonode's Days Payable declined from Dec. 2022 (56.70) to Dec. 2023 (10.24). It may suggest that Neonode accelerated paying its suppliers.

Neonode Days Payable Historical Data

The historical data trend for Neonode'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 282.17 [6] => 277.47 [7] => 355.45 [8] => 251.96 [9] => 31.10 )

Neonode Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

282.17

277.47

355.45

251.96

31.10

Neonode Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																56.70	629.04	1,013.61	204.61	10.24

Competitive Comparison

For the Electronic Components subindustry, Neonode'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.

Neonode Days Payable Distribution

For the Hardware industry and Technology sector, Neonode's Days Payable distribution charts can be found below:

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

Neonode 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.

Neonode'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
=	( (0.334	+	0.44)	/	2 )	/	4.542	*	365
=	0.387					/	4.542	*	365
=	31.10

Neonode's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.51	+	0.44)	/	2 )	/	4.231	*	365 / 4
=	0.475					/	4.231	*	365 / 4
=	10.24

Neonode Days Payable Related Terms

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Neonode (Neonode) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Neonode Inc (NAS:NEON) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karlavagen 100, Stockholm, SWE, 115 26

Website

https://www.neonode.com

Neonode Inc provides optical sensing solutions for contactless touch, touch, and gesture sensing and also provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. It markets and sells its solutions to customers in many different markets and segments including, but not limited to, office equipment, automotive, industrial automation, medical, military, and avionics. The company's business areas are Human-Machine Interaction Solutions, Human-Machine Interaction Products, and Remote Sensing Solutions.

Executives

Cecilia Edstrom	director	KARLAVAGEN 100, STOCKHOLM V7 115 26
Fredrik Nihlen	officer: Chief Financial Officer	C/O NEONODE, INC.,. 100 KARLAVAGEN, STOCKHOLM V7 115 26
Urban Forssell	officer: Chief Executive Officer	C/O NEONODE, STORGATAN 23C, STOCKHOLM V7 11455
Mattias Bergman	director	C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55
Ek Maria Anne-lee Charlotte	officer: Chief Financial Officer	C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55
Ulf Rosberg	director	FAFNERVAEGEN 2, DJURSHOLM V7 18266
Hakan Persson	officer: Chief Executive Officer	C/O NEONODE INC., STORGATAN 23C, STOCKHOLM V7 114 55
Andreas Bunge	director	DRAGARSTIGEN 3, SALTSJOBADEN V7 133 36
Peter Lindell	10 percent owner	LILLA ERSTAGATAN 6, STOCKHOLM V7 116 28
Lars, Goran Lindqvist	director	ZUGERSTRASSE 20, UNTERAEGERI V8 6314
Asa Hedin	director	MORABERGSVAGEN 27, SALTSJOBADEN V7 133 33
Per Eriksson	director	VILDVINSVAGEN 5, SALTSJOBADEN V7 S-133 36
Bjorn Thomas Eriksson	officer: Vice President	STORANGSSTIGEN 15 C, STOCKSUND V7 18274
Mats Dahlin	director	LORETOHOHE 1, ZUG V8 6300
Bystedt Per Ivar Gosta	director	DJURGARDSVAGEN 144, STOCKHOLM V7 SE 115 21