NextNav (FRA:KK0) Days Payable : 37.04 (As of Sep. 2024)

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What is NextNav Days Payable?

NextNav's average Accounts Payable for the three months ended in Sep. 2024 was €0.95 Mil. NextNav's Cost of Goods Sold for the three months ended in Sep. 2024 was €2.33 Mil. Hence, NextNav's Days Payable for the three months ended in Sep. 2024 was 37.04.

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

FRA:KK0' s Days Payable Range Over the Past 10 Years
Min: 11.19 Med: 21.44 Max: 31.94
Current: 29.15

During the past 4 years, NextNav's highest Days Payable was 31.94. The lowest was 11.19. And the median was 21.44.

FRA:KK0's Days Payable is ranked worse than
66.94% of 2523 companies
in the Software industry
Industry Median: 48.75 vs FRA:KK0: 29.15

NextNav's Days Payable increased from Sep. 2023 (25.15) to Sep. 2024 (37.04). It may suggest that NextNav delayed paying its suppliers.

NextNav Days Payable Historical Data

The historical data trend for NextNav'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.

* Premium members only.

NextNav Days Payable Chart

NextNav Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

31.95

10.71

22.24

20.63

NextNav 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											25.15	18.10	27.41	37.46	37.04

Competitive Comparison of NextNav's Days Payable

For the Software - Infrastructure subindustry, NextNav'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.

NextNav's Days Payable Distribution in the Software Industry

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

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

NextNav 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.

NextNav'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
=	( (0.962	+	0.359)	/	2 )	/	11.685	*	365
=	0.6605					/	11.685	*	365
=	20.63

NextNav'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
=	( (1.064	+	0.827)	/	2 )	/	2.329	*	365 / 4
=	0.9455					/	2.329	*	365 / 4
=	37.04

NextNav Days Payable Related Terms

Thank you for viewing the detailed overview of NextNav's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

NextNav Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NextNav Inc (FRA:KK0) » Definitions » Days Payable

Comparable Companies

STEM SCWX RPAY IIIV IMXI PSFE CCSI GCT RDWR CINT MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

NN:USA

Address

1775 Tysons Boulevard, 5th Floor, McLean, VA, USA, 22102

Website

https://www.nextnav.com

NextNav Inc provides GPS service. The company NextNav TerraPoiNT system keeps critical infrastructure resilient with reliable Position, Navigation and Timing services in the absence of GPS.

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