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NovoCure Ltd  (NAS:NVCR) Days Payable: 137.90 (As of Mar. 2019)

NovoCure Ltd's payable for the three months ended in Mar. 2019 was $29.9 Mil. NovoCure Ltd's Cost of Goods Sold for the three months ended in Mar. 2019 was $19.8 Mil. Hence, NovoCure Ltd's days payable for the three months ended in Mar. 2019 was 137.90.

NAS:NVCR' s Days Payable Range Over the Past 10 Years
Min: 112.93   Max: 535.35
Current: 133.9

112.93
535.35

During the past 6 years, NovoCure Ltd's highest Days Payable was 535.35. The lowest was 112.93. And the median was 220.75.

NAS:NVCR's Days Payable is ranked higher than
83% of the 151 Companies
in the Global industry.

( Industry Median: 54.66 vs. NAS:NVCR: 133.90 )

NovoCure Ltd's days payable increased from Mar. 2018 (97.16) to Mar. 2019 (137.90). It may suggest that NovoCure Ltd delayed paying its suppliers.


NovoCure Ltd  (NAS:NVCR) Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

NovoCure Ltd Annual Data

Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable Premium Member Only 364.89 296.73 144.76 112.93 121.78

NovoCure Ltd Quarterly Data

Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 97.16 94.02 96.57 105.83 137.90

Competitive Comparison
* 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.


NovoCure Ltd  (NAS:NVCR) Days Payable Distribution

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



NovoCure Ltd  (NAS:NVCR) Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

NovoCure Ltd's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=26.708/80.048*365
=121.78

NovoCure Ltd's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=29.943/19.814*365 / 4
=137.90

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


NovoCure Ltd  (NAS:NVCR) Days Payable Related Terms


NovoCure Ltd  (NAS:NVCR) Days Payable Headlines

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