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NowVertical Group (FRA:5XQ) Days Payable : 113.42 (As of Sep. 2024)


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What is NowVertical Group Days Payable?

NowVertical Group's average Accounts Payable for the three months ended in Sep. 2024 was €6.08 Mil. NowVertical Group's Cost of Goods Sold for the three months ended in Sep. 2024 was €4.90 Mil. Hence, NowVertical Group's Days Payable for the three months ended in Sep. 2024 was 113.42.

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

FRA:5XQ' s Days Payable Range Over the Past 10 Years
Min: 48.34   Med: 87.36   Max: 242.28
Current: 126.96

During the past 4 years, NowVertical Group's highest Days Payable was 242.28. The lowest was 48.34. And the median was 87.36.

FRA:5XQ's Days Payable is ranked better than
75.23% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:5XQ: 126.96

NowVertical Group's Days Payable increased from Sep. 2023 (79.49) to Sep. 2024 (113.42). It may suggest that NowVertical Group delayed paying its suppliers.


NowVertical Group Days Payable Historical Data

The historical data trend for NowVertical 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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NowVertical Group Days Payable Chart

NowVertical Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- 241.01 48.27 87.72

NowVertical Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 79.49 234.18 113.35 110.08 113.42

Competitive Comparison of NowVertical Group's Days Payable

For the Software - Infrastructure subindustry, NowVertical 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.


NowVertical Group's Days Payable Distribution in the Software Industry

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

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



NowVertical 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.

NowVertical Group'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
=( (2.793 + 8.256) / 2 ) / 22.986*365
=5.5245 / 22.986*365
=87.72

NowVertical Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (6.126 + 6.043) / 2 ) / 4.895*365 / 4
=6.0845 / 4.895*365 / 4
=113.42

* 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.


NowVertical Group Days Payable Related Terms

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NowVertical Group Business Description

Traded in Other Exchanges
Address
545 King Street West, Suite 4-2024, Toronto, ON, CAN, M5V 1M1
NowVertical Group Inc is a big data, analytics, and vertical intelligence company. the Company has five reportable operating segments: A10, Acrotrend, Affinio (note 23), Allegient, CoreBI and Other. Key revenue is generated from Allegient.

NowVertical Group Headlines

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