Nextcom (XTAE:NXTM) Days Payable

: 82.05 (As of Dec. 2023)

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Nextcom's average Accounts Payable for the three months ended in Dec. 2023 was ₪85.0 Mil. Nextcom's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪94.5 Mil. Hence, Nextcom's Days Payable for the three months ended in Dec. 2023 was 82.05.

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

XTAE:NXTM' s Days Payable Range Over the Past 10 Years
Min: 64.85 Med: 74.95 Max: 84.38
Current: 68.56

During the past 11 years, Nextcom's highest Days Payable was 84.38. The lowest was 64.85. And the median was 74.95.

XTAE:NXTM's Days Payable is ranked worse than
66.67% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs XTAE:NXTM: 68.56

Nextcom's Days Payable increased from Dec. 2022 (66.28) to Dec. 2023 (82.05). It may suggest that Nextcom delayed paying its suppliers.

Nextcom Days Payable Historical Data

The historical data trend for Nextcom'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.

Nextcom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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79.12

75.08

65.72

75.54

64.85

Nextcom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															66.28	70.39	64.43	63.38	82.05

Competitive Comparison

For the Telecom Services subindustry, Nextcom'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.

Nextcom Days Payable Distribution

For the Telecommunication Services industry and Communication Services sector, Nextcom's Days Payable distribution charts can be found below:

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

Nextcom 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.

Nextcom'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
=	( (67.702	+	79.592)	/	2 )	/	414.505	*	365
=	73.647					/	414.505	*	365
=	64.85

Nextcom'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
=	( (90.318	+	79.592)	/	2 )	/	94.476	*	365 / 4
=	84.955					/	94.476	*	365 / 4
=	82.05

Nextcom Days Payable Related Terms

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Nextcom (XTAE:NXTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nextcom Ltd (XTAE:NXTM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Horesh Halonim Street, Ramat Ishay Industrial Park, Kefar Yehosua, Jezreel Valley, ISR, 36582

Website

http://www.nextcom1.com

Nextcom Ltd provides telecommunication services. It acts as an integrator of infrastructure & communications networks. It provides services like Underground Fiber-Optic Infrastructure, Services for End Users and wired & wireless communication networks. It is also engaged in renewable energy, infrastructure and engineering facilities, and natural gas.

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