Nerdwallet (Nerdwallet) Days Payable

: 48.93 (As of Dec. 2023)

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Nerdwallet's average Accounts Payable for the three months ended in Dec. 2023 was $7.4 Mil. Nerdwallet's Cost of Goods Sold for the three months ended in Dec. 2023 was $13.8 Mil. Hence, Nerdwallet's Days Payable for the three months ended in Dec. 2023 was 48.93.

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

NRDS' s Days Payable Range Over the Past 10 Years
Min: 17.91 Med: 40.81 Max: 61.69
Current: 43.26

During the past 5 years, Nerdwallet's highest Days Payable was 61.69. The lowest was 17.91. And the median was 40.81.

NRDS's Days Payable is ranked worse than
58.43% of 433 companies
in the Interactive Media industry
Industry Median: 60.83 vs NRDS: 43.26

Nerdwallet's Days Payable increased from Dec. 2022 (35.15) to Dec. 2023 (48.93). It may suggest that Nerdwallet delayed paying its suppliers.

Nerdwallet Days Payable Historical Data

The historical data trend for Nerdwallet'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.

Nerdwallet Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

40.81

61.69

55.07

31.18

17.91

Nerdwallet Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable											35.15	51.58	47.37	50.43	48.93

Competitive Comparison

For the Internet Content & Information subindustry, Nerdwallet'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.

Nerdwallet Days Payable Distribution

For the Interactive Media industry and Communication Services sector, Nerdwallet's Days Payable distribution charts can be found below:

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

Nerdwallet 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.

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

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3.6	+	1.7)	/	2 )	/	54	*	365
=	2.65					/	54	*	365
=	17.91

Nerdwallet'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.1	+	1.7)	/	2 )	/	13.8	*	365 / 4
=	7.4					/	13.8	*	365 / 4
=	48.93

Nerdwallet Days Payable Related Terms

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Nerdwallet (Nerdwallet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nerdwallet Inc (NAS:NRDS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6OI:Germany

Address

55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105

Website

https://www.nerdwallet.com

Nerdwallet Inc is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare, personal loans and airlines.

Executives

Maurice Kevin Taylor	director	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen	director, 10 percent owner, officer: Chief Executive Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann	officer: Chief Business Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount	officer: VP, General Manager	55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
John Caine	officer: Chief Product Officer	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Lauren Stclair	officer: Chief Financial Officer	55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kelly Gillease	officer: Chief Marketing Officer	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube	director	C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro	director	55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran	director	C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Kenneth Thomas Mcbride	director	STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii	director	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025