Nuix (ASX:NXL) Days Payable : 232.61 (As of Jun. 2024)

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What is Nuix Days Payable?

Nuix's average Accounts Payable for the six months ended in Jun. 2024 was A$14.7 Mil. Nuix's Cost of Goods Sold for the six months ended in Jun. 2024 was A$11.6 Mil. Hence, Nuix's Days Payable for the six months ended in Jun. 2024 was 232.61.

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

ASX:NXL' s Days Payable Range Over the Past 10 Years
Min: 62.53 Med: 93.09 Max: 257
Current: 189.22

During the past 5 years, Nuix's highest Days Payable was 257.00. The lowest was 62.53. And the median was 93.09.

ASX:NXL's Days Payable is ranked better than
83.51% of 2523 companies
in the Software industry
Industry Median: 48.75 vs ASX:NXL: 189.22

Nuix's Days Payable increased from Jun. 2023 (213.24) to Jun. 2024 (232.61). It may suggest that Nuix delayed paying its suppliers.

Nuix Days Payable Historical Data

The historical data trend for Nuix'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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Nuix Days Payable Chart

Nuix Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

257.00

110.42

75.75

62.53

Nuix Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			275.53	213.64	213.24	275.40	232.61

Competitive Comparison of Nuix's Days Payable

For the Software - Application subindustry, Nuix'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.

Nuix's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nuix's Days Payable distribution charts can be found below:

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

Nuix 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.

Nuix'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
=	( (4.215	+	3.201)	/	2 )	/	21.645	*	365
=	3.708					/	21.645	*	365
=	62.53

Nuix's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (26.247	+	3.201)	/	2 )	/	11.552	*	365 / 2
=	14.724					/	11.552	*	365 / 2
=	232.61

Nuix Days Payable Related Terms

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Nuix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nuix Ltd (ASX:NXL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NXLLF:USA

Address

1 Market Street, Level 27, Sydney, NSW, AUS, 2000

Website

https://www.nuix.com

Nuix Ltd is engaged in providing software-related services. It is engaged in the development and distribution of software. The company offers services to advisory firms, litigation support vendors, corporations, government, and law enforcement agencies. Its products include Nuix Discover, Nuix Investigate, and Nuix Workstation. The group's revenue mainly consists of license fees from customers' right to use the software. Its customers are located in Asia Pacific, the Americas, Europe, the Middle East, and Africa.