Novares Group (XPAR:NVS) Accounts Payable: €231.66 Mil (As of Jun. 2017)

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What is Novares Group Accounts Payable?

Novares Group XPAR:NVS Accounts Payable is €231.66 Mil as of Jun. 2017.

Novares Group's Accounts Payable for the quarter that ended in Jun. 2017 was €231.66 Mil.

Novares Group's quarterly Accounts Payable increased from Jun. 2016 (€0.00 Mil) to Dec. 2016 (€196.01 Mil) and increased from Dec. 2016 (€196.01 Mil) to Jun. 2017 (€231.66 Mil).

Novares Group's annual Accounts Payable stayed the same from . 20 (€0.00 Mil) to . 20 (€0.00 Mil) but then increased from . 20 (€0.00 Mil) to Dec. 2016 (€196.01 Mil).

Novares Group Accounts Payable Related Terms

Novares Group Accounts Payable Historical Data

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The historical data trend for Novares Group's Accounts 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.

Novares Group Accounts Payable Chart

Novares Group Annual Data
Trend Dec16
Accounts Payable
196.01

Novares Group Semi-Annual Data
Jun16 Dec16 Jun17
Accounts Payable 0.00 196.01 231.66

Novares Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €231.66 Mil mean?
Novares Group (XPAR:NVS) has a Accounts Payable of €231.66 Mil as of Jun. 2017. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Novares Group and its competitors.
Is Novares Group's Accounts Payable too high?
Novares Group's current Accounts Payable is €231.66 Mil.
How does Novares Group's Accounts Payable compare to ?
Novares Group's Accounts Payable of €231.66 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Novares Group and its competitors. Novares Group's current Accounts Payable is €231.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novares Group stock overvalued right now?
Novares Group (XPAR:NVS) has a current Accounts Payable of €231.66 Mil. The current Accounts Payable is €231.66 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Novares Group (XPAR:NVS), the current Accounts Payable is €231.66 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novares Group Business Description

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Address 361 avenue du General de Gaulle, Clamart, Paris, FRA, FR-92140
Novares Group SA is a plastic solutions provider that designs and manufactures complex components and systems serving the automotive industry. The company designs and produces automotive parts and specializes in technical plastic injection for automobiles. Its product portfolio consists of Engine Components, Bezels and Clusters, Air Vents and Decoration Trims, Interior and Car Body Trim, Handles, Exterior Paint and Surfaces, and E-Powertrain Components.