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Nexion Technologies (HKSE:08420) Days Payable : 1,402.60 (As of Dec. 2023)


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What is Nexion Technologies Days Payable?

Nexion Technologies's average Accounts Payable for the three months ended in Dec. 2023 was HK$0.95 Mil. Nexion Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$0.06 Mil. Hence, Nexion Technologies's Days Payable for the three months ended in Dec. 2023 was 1,402.60.

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

HKSE:08420' s Days Payable Range Over the Past 10 Years
Min: 19.69   Med: 75.42   Max: 204.28
Current: 92.24

During the past 10 years, Nexion Technologies's highest Days Payable was 204.28. The lowest was 19.69. And the median was 75.42.

HKSE:08420's Days Payable is ranked better than
67.14% of 2526 companies
in the Software industry
Industry Median: 49.695 vs HKSE:08420: 92.24

Nexion Technologies's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (1,402.60). It may suggest that Nexion Technologies delayed paying its suppliers.


Nexion Technologies Days Payable Historical Data

The historical data trend for Nexion Technologies'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.

Nexion Technologies Days Payable Chart

Nexion Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.69 19.69 48.26 129.34 102.41

Nexion Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 142.27 43.36 56.53 1,402.60

Competitive Comparison of Nexion Technologies's Days Payable

For the Software - Infrastructure subindustry, Nexion Technologies'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.


Nexion Technologies's Days Payable Distribution in the Software Industry

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

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



Nexion Technologies 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.

Nexion Technologies'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
=( (2.203 + 0.953) / 2 ) / 5.624*365
=1.578 / 5.624*365
=102.41

Nexion Technologies's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0.953) / 1 ) / 0.062*365 / 4
=0.953 / 0.062*365 / 4
=1,402.60

* 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.


Nexion Technologies Days Payable Related Terms

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Nexion Technologies (HKSE:08420) Business Description

Traded in Other Exchanges
N/A
Address
18 Howard Road, Unit No. 10-03, Novelty BizCentre, Singapore, SGP, 369585
Nexion Technologies Ltd is an investment holding company. It is engaged in the provision of cyber infrastructure solutions services, provision of cyber security solutions services, and software-as-a-service. The group has three segments: Cyber infrastructure solutions, including maintenance and support service income; Cyber security solutions; and SaaS. The group has a business presence in Hong Kong, Singapore, Malaysia, the PRC and other countries, of which key revenue is generated from Vietnam.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Alpha Sense Investments Limited 2101 Beneficial owner
Foo Moo Teng 2101 Beneficial owner
Xox (hong Kong) Limited 2101 Beneficial owner
Xox Bhd. 2201 Interest of corporation controlled by you
Lazarus Securities Pty Ltd 2106 Person having a security interest in shares

Nexion Technologies (HKSE:08420) Headlines

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