Navios Maritime Holdings (Navios Maritime Holdings) Days Payable : 48.38 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Navios Maritime Holdings Days Payable?

Navios Maritime Holdings's average Accounts Payable for the three months ended in Sep. 2023 was $29.4 Mil. Navios Maritime Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was $55.4 Mil. Hence, Navios Maritime Holdings's Days Payable for the three months ended in Sep. 2023 was 48.38.

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

NM' s Days Payable Range Over the Past 10 Years
Min: 38.67 Med: 58.93 Max: 72.04
Current: 48.89

During the past 13 years, Navios Maritime Holdings's highest Days Payable was 72.04. The lowest was 38.67. And the median was 58.93.

NM's Days Payable is ranked better than
60.69% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs NM: 48.89

Navios Maritime Holdings's Days Payable declined from Sep. 2022 (49.77) to Sep. 2023 (48.38). It may suggest that Navios Maritime Holdings accelerated paying its suppliers.

Navios Maritime Holdings Days Payable Historical Data

The historical data trend for Navios Maritime Holdings'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.

Navios Maritime Holdings Days Payable Chart

Navios Maritime Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

72.04

50.95

64.17

65.77

53.69

Navios Maritime Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															49.77	47.08	53.30	46.36	48.38

Competitive Comparison of Navios Maritime Holdings's Days Payable

For the Marine Shipping subindustry, Navios Maritime Holdings'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.

Navios Maritime Holdings's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Navios Maritime Holdings's Days Payable falls into.

Navios Maritime Holdings 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.

Navios Maritime Holdings'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
=	( (30.388	+	21.638)	/	2 )	/	176.833	*	365
=	26.013					/	176.833	*	365
=	53.69

Navios Maritime Holdings'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
=	( (27.985	+	30.769)	/	2 )	/	55.412	*	365 / 4
=	29.377					/	55.412	*	365 / 4
=	48.38

Navios Maritime Holdings Days Payable Related Terms

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

Navios Maritime Holdings (Navios Maritime Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Holdings Inc (NYSE:NM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NMpH.PFD:USA NMpG.PFD:USA

Address

90 North Church Street, P.O. Box 309, Strathvale House, Grand Cayman, CYM, KY1-1104

Website

https://www.navios.com

Navios Maritime Holdings Inc is a shipping company which provides transportation, trading, storage, and logistics services for bulk cargoes. It operates a diverse portfolio of Capesize, Panamax, ultra-handymax and handy size bulk carriers. The company has two reportable segments namely the Dry Bulk Vessel Operations segment, the Logistics Business segment. Geographically, the company generates a majority of its revenue from South America.

Executives

North Sound Capital Llc	10 percent owner	20 HORSENECK LANE, GREENWICH CT 06830
Robert Shaw	officer: President	C/O NAVIOS MARITIME HOLDINGS INC., 20 MARSHALL STREET, SUITE 200, SOUTH NORWALK CT 06854
Bruce Hoag	officer: Chief Financial Officer	C/O NAVIOS MARITIME HOLDINGS INC., 20 MARSHALL STREET, SUITE 200, SOUTH NORWALK CT 06854