Nuchev (ASX:NUC) Days Payable : 61.57 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Nuchev Days Payable?

Nuchev's average Accounts Payable for the six months ended in Dec. 2023 was A$1.58 Mil. Nuchev's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.67 Mil. Hence, Nuchev's Days Payable for the six months ended in Dec. 2023 was 61.57.

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

ASX:NUC' s Days Payable Range Over the Past 10 Years
Min: 25.77 Med: 30.29 Max: 65.21
Current: 65.21

During the past 5 years, Nuchev's highest Days Payable was 65.21. The lowest was 25.77. And the median was 30.29.

ASX:NUC's Days Payable is ranked better than
68.77% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs ASX:NUC: 65.21

Nuchev's Days Payable increased from Dec. 2022 (39.73) to Dec. 2023 (61.57). It may suggest that Nuchev delayed paying its suppliers.

Nuchev Days Payable Historical Data

The historical data trend for Nuchev'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.

Nuchev Days Payable Chart

Nuchev Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

32.67

27.91

25.77

35.08

Nuchev Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				31.63	46.81	39.73	50.33	61.57

Competitive Comparison of Nuchev's Days Payable

For the Packaged Foods subindustry, Nuchev'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.

Nuchev's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nuchev's Days Payable distribution charts can be found below:

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

Nuchev 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.

Nuchev's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.674	+	0.698)	/	2 )	/	7.137	*	365
=	0.686					/	7.137	*	365
=	35.08

Nuchev'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.698	+	2.455)	/	2 )	/	4.673	*	365 / 2
=	1.5765					/	4.673	*	365 / 2
=	61.57

Nuchev Days Payable Related Terms

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

Nuchev (ASX:NUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nuchev Ltd (ASX:NUC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

636 St Kilda Road, Level 12, Melbourne, VIC, AUS, 3004

Website

https://www.nuchev.com.au

Nuchev Ltd is a globally-oriented food business focused on developing, marketing, and selling a range of premium Australian made goat nutritional products. Its primary products include its Oli6 branded goat infant formula and nutritional range, which are sold across multiple sales channels in Australia and China.

Nuchev (ASX:NUC) Headlines

No Headlines