Neurotech International (ASX:NTI) Days Payable : 47,602.08 (As of Dec. 2023)

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What is Neurotech International Days Payable?

Neurotech International's average Accounts Payable for the six months ended in Dec. 2023 was A$0.78 Mil. Neurotech International's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil. Hence, Neurotech International's Days Payable for the six months ended in Dec. 2023 was 47,602.08.

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

During the past 7 years, Neurotech International's highest Days Payable was 4530.29. The lowest was 113.96. And the median was 698.06.

ASX:NTI's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 72.855
* Ranked among companies with meaningful Days Payable only.

Neurotech International's Days Payable increased from Dec. 2022 (26,979.58) to Dec. 2023 (47,602.08). It may suggest that Neurotech International delayed paying its suppliers.

Neurotech International Days Payable Historical Data

The historical data trend for Neurotech International'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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Neurotech International Days Payable Chart

Neurotech International Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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113.96

2,717.59

4,530.29

Neurotech International Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										44,986.25	1,849.15	26,979.58	-	47,602.08

Competitive Comparison of Neurotech International's Days Payable

For the Medical Devices subindustry, Neurotech International'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.

Neurotech International's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Neurotech International's Days Payable distribution charts can be found below:

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

Neurotech International 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.

Neurotech International'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
=	( (0.52	+	1.289)	/	2 )	/	0	*	365
=	0.9045					/	0	*	365
=	N/A

Neurotech International'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
=	( (1.289	+	0.276)	/	2 )	/	0.003	*	365 / 2
=	0.7825					/	0.003	*	365 / 2
=	47,602.08

Neurotech International Days Payable Related Terms

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Neurotech International (ASX:NTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Neurotech International Ltd (ASX:NTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 Stirling Highway, Suite 5 CPC, Nedlands, WA, AUS, 6009

Website

https://www.neurotechinternational.com

Neurotech International Ltd is a medical device and solutions company. It researches, designs, markets, and produces wearable neurotechnology devices to assist with neurological conditions such as autism. Geographically, all the business activities of the firm function through the region of Australia. It operates in one segment named Medical Device Development and Distribution.

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