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NexJ Systems (TSX:NXJ) Days Payable : 0.00 (As of Sep. 2022)


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What is NexJ Systems Days Payable?

NexJ Systems's average Accounts Payable for the three months ended in Sep. 2022 was C$0.00 Mil. NexJ Systems's Cost of Goods Sold for the three months ended in Sep. 2022 was C$1.11 Mil. Hence, NexJ Systems's Days Payable for the three months ended in Sep. 2022 was 0.00.

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

TSX:NXJ's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.42
* Ranked among companies with meaningful Days Payable only.

NexJ Systems's Days Payable stayed the same from Sep. 2021 (0.00) to Sep. 2022 (0.00). stayed the same


NexJ Systems Days Payable Historical Data

The historical data trend for NexJ Systems'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.

NexJ Systems Days Payable Chart

NexJ Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.78 38.27 50.30 68.81 75.98

NexJ Systems Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 100.22 57.04 - -

Competitive Comparison of NexJ Systems's Days Payable

For the Software - Application subindustry, NexJ Systems'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.


NexJ Systems's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, NexJ Systems's Days Payable distribution charts can be found below:

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



NexJ Systems 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.

NexJ Systems's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.711 + 0.782) / 2 ) / 3.586*365
=0.7465 / 3.586*365
=75.98

NexJ Systems's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 1.113*365 / 4
=0 / 1.113*365 / 4
=0.00

* 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.


NexJ Systems Days Payable Related Terms

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NexJ Systems (TSX:NXJ) Business Description

Traded in Other Exchanges
N/A
Address
10 York Mills Road, Suite 700, Toronto, ON, CAN, M2P 2G4
NexJ Systems Inc delivers enterprise customer management solutions to the financial services and insurance industries. The company's solutions include Customer Relationship Management (CRM) for financial services and insurance; Customer Process Management (CPM) for client onboarding and Know Your Customer (KYC), and Customer Data Management (CDM) to deliver a view of customers across the line of business and regional data silos. Its geographical segments include the Americas, EMEA (Europe, the Middle East, and Africa), and the Asia Pacific.