Nova Organic PCL (BKK:NV) Days Payable : 35.78 (As of Mar. 2024)

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What is Nova Organic PCL Days Payable?

Nova Organic PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿31.7 Mil. Nova Organic PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿80.8 Mil. Hence, Nova Organic PCL's Days Payable for the three months ended in Mar. 2024 was 35.78.

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

BKK:NV' s Days Payable Range Over the Past 10 Years
Min: 23.2 Med: 57.19 Max: 178.34
Current: 55.88

During the past 7 years, Nova Organic PCL's highest Days Payable was 178.34. The lowest was 23.20. And the median was 57.19.

BKK:NV's Days Payable is ranked better than
60.18% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs BKK:NV: 55.88

Nova Organic PCL's Days Payable declined from Mar. 2023 (37.61) to Mar. 2024 (35.78). It may suggest that Nova Organic PCL accelerated paying its suppliers.

Nova Organic PCL Days Payable Historical Data

The historical data trend for Nova Organic PCL'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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Nova Organic PCL Days Payable Chart

Nova Organic PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.57

57.19

51.03

23.20

26.55

Nova Organic PCL Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															37.61	45.30	80.71	70.24	35.78

Competitive Comparison of Nova Organic PCL's Days Payable

For the Packaged Foods subindustry, Nova Organic PCL'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.

Nova Organic PCL's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nova Organic PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Nova Organic PCL's Days Payable falls into.

Nova Organic PCL 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.

Nova Organic PCL'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
=	( (24.587	+	27.276)	/	2 )	/	356.532	*	365
=	25.9315					/	356.532	*	365
=	26.55

Nova Organic PCL's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (27.276	+	36.121)	/	2 )	/	80.84	*	365 / 4
=	31.6985					/	80.84	*	365 / 4
=	35.78

Nova Organic PCL Days Payable Related Terms

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Nova Organic PCL (BKK:NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nova Organic PCL (BKK:NV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

190/4 Moo 8, Nai Khlong, Bang Pla Kot Subdistrict, Phra Samut Chedi District, Samut Prakan Province, Bangkok, THA

Website

https://www.nova-organic.com

Nova Organic PCL is a Thailand based manufacturer and distributor of dietary supplements and herbs for health and beauty. The business serves Southeast Asia, Europe, Hong Kong whilst earning key revenue from domestic sales.

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