ADHLF (Novautek Technologies Group) Days Payable : 3,069.45 (As of Dec. 2024)

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What is Novautek Technologies Group Days Payable?

Novautek Technologies Group's average Accounts Payable for the six months ended in Dec. 2024 was $14.77 Mil. Novautek Technologies Group's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.88 Mil. Hence, Novautek Technologies Group's Days Payable for the six months ended in Dec. 2024 was 3,069.45.

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

ADHLF' s Days Payable Range Over the Past 10 Years
Min: 173.63 Med: 584.73 Max: 7870.38
Current: 3735.45

During the past 13 years, Novautek Technologies Group's highest Days Payable was 7870.38. The lowest was 173.63. And the median was 584.73.

ADHLF's Days Payable is ranked better than
98.08% of 1564 companies
in the Real Estate industry
Industry Median: 95.44 vs ADHLF: 3735.45

Novautek Technologies Group's Days Payable increased from Dec. 2023 (1,803.26) to Dec. 2024 (3,069.45). It may suggest that Novautek Technologies Group delayed paying its suppliers.

Novautek Technologies Group Days Payable Historical Data

The historical data trend for Novautek Technologies Group'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.

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Novautek Technologies Group Days Payable Chart

Novautek Technologies Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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188.68

173.78

7,918.45

584.35

2,448.45

Novautek Technologies Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															254.02	1,329.23	1,803.26	4,483.45	3,069.45

Competitive Comparison of Novautek Technologies Group's Days Payable

For the Real Estate - Development subindustry, Novautek Technologies Group'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.

Novautek Technologies Group's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Novautek Technologies Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Novautek Technologies Group's Days Payable falls into.

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Novautek Technologies Group 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.

Novautek Technologies Group's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (18.6	+	14.766)	/	2 )	/	2.487	*	365
=	16.683					/	2.487	*	365
=	2,448.45

Novautek Technologies Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (14.766	+	14.768)	/	2 )	/	0.878	*	365 / 2
=	14.767					/	0.878	*	365 / 2
=	3,069.45

Novautek Technologies Group Days Payable Related Terms

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Novautek Technologies Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Novautek Technologies Group Ltd (OTCPK:ADHLF) » Definitions » Days Payable

Traded in Other Exchanges

00519:Hong Kong

Address

89 Queensway, Unit 2408A, 24th Floor, Tower 1, Lippo Centre, Hong Kong, HKG

Website

http://www.novautekgroup.com

Novautek Technologies Group Ltd formerly Applied Development Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Resort and Property Development segment which derives maximum revenue, includes properties under development for commercial purposes; Property Investment segment includes mainly commercial properties that are held for capital appreciation or to earn rental income; Investment Holding segment includes holding of unlisted investment fund, equity securities, debt instruments, other assets; and Autonomous driving segment focusing on the development of products and services driving technology. Its operations are located in Hong Kong, and the People's Republic of China, out of which the People's Republic of China generates maximum revenue.