CNVAF (Cnova NV) Days Payable: 93.95 (As of Dec. 2024)


CNVAF Cnova NV CNVAF
16 GF Score
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What is Cnova NV Days Payable?

Cnova NV CNVAF 16 Days Payable is 93.95 as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

Cnova NV's average Accounts Payable for the six months ended in Dec. 2024 was $203 Mil. Cnova NV's Cost of Goods Sold for the six months ended in Dec. 2024 was $394 Mil. Hence, Cnova NV's Days Payable for the six months ended in Dec. 2024 was 93.95.

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

CNVAF's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.625
* Ranked among companies with meaningful Days Payable only.

Cnova NV's Days Payable declined from Dec. 2023 (102.35) to Dec. 2024 (93.95). It may suggest that Cnova NV accelerated paying its suppliers.

Cnova NV Days Payable Historical Data

* Premium members only.

The historical data trend for Cnova NV'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.

Cnova NV Days Payable Chart

Cnova NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.99 144.05 158.29 146.42 123.01

Cnova NV 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 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 131.74 144.61 102.35 136.58 93.95

CNVAF vs AMZN, BABA, PDD: Days Payable Comparison

For the Internet Retail subindustry, Cnova NV'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.

Cnova NV Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cnova NV's Days Payable distribution charts can be found below:

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


CNVAF
16GF Score
Cnova NV CNVAF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cnova NV 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.

Cnova NV's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (275.804 + 200.455) / 2 ) / 706.568*365
=238.1295 / 706.568*365
=123.01

Cnova NV'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
=( (205.184 + 200.455) / 2 ) / 393.968*365 / 2
=202.8195 / 393.968*365 / 2
=93.95

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 93.95 mean?
Cnova NV (CNVAF) has a Days Payable of 93.95 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cnova NV and its competitors.
Is Cnova NV's Days Payable too high?
Cnova NV's current Days Payable is 93.95. The Retail - Cyclical industry median Days Payable is 51.63. Cnova NV's value of 93.95 is 82% above this industry median. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Days Payable compare to AMZN and BABA?
Cnova NV's Days Payable of 93.95 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.63. Cnova NV's value of 93.95 is 82% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cnova NV's current Days Payable of 93.95 is 82% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cnova NV and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cnova NV's current Days Payable is 93.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Days Payable of 93.95. The current Days Payable is 93.95 and 82% above the Retail - Cyclical industry median of 51.63. Cnova NV's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Cnova NV (CNVAF), the current Days Payable is 93.95 as of Dec. 2024. 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.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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