Newtopia (Newtopia) Days Payable : 191.21 (As of Sep. 2023)

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What is Newtopia Days Payable?

Newtopia's average Accounts Payable for the three months ended in Sep. 2023 was $1.61 Mil. Newtopia's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.77 Mil. Hence, Newtopia's Days Payable for the three months ended in Sep. 2023 was 191.21.

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

NEWUF' s Days Payable Range Over the Past 10 Years
Min: 106.18 Med: 146.54 Max: 202.05
Current: 192.64

During the past 5 years, Newtopia's highest Days Payable was 202.05. The lowest was 106.18. And the median was 146.54.

NEWUF's Days Payable is ranked better than
82.4% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.63 vs NEWUF: 192.64

Newtopia's Days Payable declined from Sep. 2022 (205.77) to Sep. 2023 (191.21). It may suggest that Newtopia accelerated paying its suppliers.

Newtopia Days Payable Historical Data

The historical data trend for Newtopia'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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Newtopia Days Payable Chart

Newtopia Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

202.00

104.05

145.57

146.49

165.81

Newtopia 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															205.77	232.61	175.95	180.40	191.21

Competitive Comparison of Newtopia's Days Payable

For the Health Information Services subindustry, Newtopia'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.

Newtopia's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Newtopia's Days Payable distribution charts can be found below:

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

Newtopia 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.

Newtopia'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
=	( (1.535	+	1.902)	/	2 )	/	3.783	*	365
=	1.7185					/	3.783	*	365
=	165.81

Newtopia'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
=	( (1.831	+	1.396)	/	2 )	/	0.77	*	365 / 4
=	1.6135					/	0.77	*	365 / 4
=	191.21

Newtopia Days Payable Related Terms

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Newtopia (Newtopia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Newtopia Inc (OTCPK:NEWUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NEWU:Canada

Address

93 Bloor Street East, 5th Floor, Toronto, ON, CAN, M4W 3H1

Website

https://www.newtopia.com

Newtopia Inc is a health technology company that delivers disease prevention solutions by leveraging technology, behavioral science, and genetics to help individuals prevent chronic disease and reduce costs for employers and insurers. It offers coaching on weight management, nutrition, exercise, and behavior management.