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Nexus AG (XTER:NXU) Days Payable : 62.68 (As of Dec. 2023)


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What is Nexus AG Days Payable?

Nexus AG's average Accounts Payable for the three months ended in Dec. 2023 was €8.0 Mil. Nexus AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €11.6 Mil. Hence, Nexus AG's Days Payable for the three months ended in Dec. 2023 was 62.68.

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

XTER:NXU' s Days Payable Range Over the Past 10 Years
Min: 78.04   Med: 133.25   Max: 167.74
Current: 78.04

During the past 13 years, Nexus AG's highest Days Payable was 167.74. The lowest was 78.04. And the median was 133.25.

XTER:NXU's Days Payable is ranked better than
61.12% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 61.58 vs XTER:NXU: 78.04

Nexus AG's Days Payable declined from Dec. 2022 (64.84) to Dec. 2023 (62.68). It may suggest that Nexus AG accelerated paying its suppliers.


Nexus AG Days Payable Historical Data

The historical data trend for Nexus AG'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.

Nexus AG Days Payable Chart

Nexus AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.46 128.03 85.93 83.97 89.00

Nexus AG 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 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 64.84 107.26 73.62 68.16 62.68

Competitive Comparison of Nexus AG's Days Payable

For the Health Information Services subindustry, Nexus AG'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.


Nexus AG's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nexus AG's Days Payable distribution charts can be found below:

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



Nexus AG 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.

Nexus AG'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
=( (9.989 + 8.74) / 2 ) / 38.403*365
=9.3645 / 38.403*365
=89.00

Nexus AG'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
=( (7.262 + 8.74) / 2 ) / 11.647*365 / 4
=8.001 / 11.647*365 / 4
=62.68

* 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.


Nexus AG Days Payable Related Terms

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Nexus AG (XTER:NXU) Business Description

Traded in Other Exchanges
Address
Irmastrasse 1, Donaueschingen, BW, DEU, 78166
Nexus AG is a software solution provider. The company functions through the Healthcare software and Healthcare service segments, which are responsible for providing information systems for hospitals, psychiatric, rehabilitation, and social institutions, IT services for IT operation specially in healthcare systems. The company derives a majority of its revenues from the Healthcare software segment. Its geographical segments are Germany, Switzerland/Lichtenstein, Netherlands, Poland, France, Austria, and other regions.