New World Solutions (FRA:RT5) Days Payable: 4,763.25 (As of Jan. 2025)


What is New World Solutions Days Payable?

New World Solutions FRA:RT5 Days Payable is 4,763.25 as of Jan. 2025.

New World Solutions's average Accounts Payable for the three months ended in Jan. 2025 was €0.52 Mil. New World Solutions's Cost of Goods Sold for the three months ended in Jan. 2025 was €0.01 Mil. Hence, New World Solutions's Days Payable for the three months ended in Jan. 2025 was 4,763.25.

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

FRA:RT5's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

New World Solutions's Days Payable increased from Jan. 2024 (0.00) to Jan. 2025 (4,763.25). It may suggest that New World Solutions delayed paying its suppliers.

New World Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for New World Solutions'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.

New World Solutions Days Payable Chart

New World Solutions Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

New World Solutions Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.00 0.00 0.00 0.00 4,763.25

FRA:RT5 vs EHVVF, HSTA, CUEN: Days Payable Comparison

For the Software - Application subindustry, New World Solutions'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.

New World Solutions Days Payable vs Software Industry

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

* The bar in red indicates where New World Solutions's Days Payable falls into.


New World Solutions 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.

New World Solutions's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

New World Solutions's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (0.559 + 0.485) / 2 ) / 0.01*365 / 4
=0.522 / 0.01*365 / 4
=4,763.25

* 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 4,763.25 mean?
New World Solutions (FRA:RT5) has a Days Payable of 4,763.25 as of Jan. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on New World Solutions and its competitors.
Is New World Solutions' Days Payable too high?
New World Solutions' current Days Payable is 4,763.25. The Software industry median Days Payable is 54.03. New World Solutions' value of 4,763.25 is 8716.8% above this industry median.
How does New World Solutions' Days Payable compare to EHVVF and HSTA?
New World Solutions' Days Payable of 4,763.25 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. New World Solutions' value of 4,763.25 is 8716.8% 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 Software company?
The median Days Payable among Software companies is 54.03, based on 2,600 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. New World Solutions's current Days Payable of 4,763.25 is 8716.8% 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 New World Solutions and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New World Solutions's current Days Payable is 4,763.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New World Solutions stock overvalued right now?
New World Solutions (FRA:RT5) has a current Days Payable of 4,763.25. The current Days Payable is 4,763.25 and 8716.8% above the Software industry median of 54.03. 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 New World Solutions (FRA:RT5), the current Days Payable is 4,763.25 as of Jan. 2025. 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.

New World Solutions Business Description

Address 2990 Arbutus Street, 2nd Floor, Vancouver, BC, CAN, V6J 3Y9
New World Solutions Inc focuses on its dialMkt subsidiary that is addressing the digital transformation of the luxury wrist watch enthusiast market by developing a blockchain-powered digital ecosystem that integrates content, ecommerce, and community. The company's video-first content platform WatchReporter.com is produced by watch enthusiasts - for watch enthusiasts and features the latest relevant articles, and videos on: watch auction news, collector interviews, watch reviews, and a growing database on buyer guides on vintage and modern watches from the top brands. The newly launched dialMKT.com plans to offer rare and hard-to-find vintage and modern watches at competitive prices, with a high level of transparency, and concierge-style service for serious watch enthusiasts.