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NightHawk Biosciences (LTS:0A4E) Days Payable : 478.25 (As of Jun. 2024)


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What is NightHawk Biosciences Days Payable?

NightHawk Biosciences's average Accounts Payable for the three months ended in Jun. 2024 was $4.39 Mil. NightHawk Biosciences's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.84 Mil. Hence, NightHawk Biosciences's Days Payable for the three months ended in Jun. 2024 was 478.25.

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

LTS:0A4E' s Days Payable Range Over the Past 10 Years
Min: 375.38   Med: 6064.57   Max: 11574.1
Current: 375.38

During the past 13 years, NightHawk Biosciences's highest Days Payable was 11574.10. The lowest was 375.38. And the median was 6064.57.

LTS:0A4E's Days Payable is ranked better than
72.26% of 721 companies
in the Biotechnology industry
Industry Median: 135.97 vs LTS:0A4E: 375.38

NightHawk Biosciences's Days Payable declined from Jun. 2023 (638.39) to Jun. 2024 (478.25). It may suggest that NightHawk Biosciences accelerated paying its suppliers.


NightHawk Biosciences Days Payable Historical Data

The historical data trend for NightHawk Biosciences'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.

NightHawk Biosciences Days Payable Chart

NightHawk Biosciences 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 - - - 11,574.10 555.03

NightHawk Biosciences Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 638.39 434.99 266.20 442.48 478.25

Competitive Comparison of NightHawk Biosciences's Days Payable

For the Biotechnology subindustry, NightHawk Biosciences'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.


NightHawk Biosciences's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NightHawk Biosciences's Days Payable distribution charts can be found below:

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



NightHawk Biosciences 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.

NightHawk Biosciences'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
=( (4.214 + 4.11) / 2 ) / 2.737*365
=4.162 / 2.737*365
=555.03

NightHawk Biosciences's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (4.987 + 3.797) / 2 ) / 0.838*365 / 4
=4.392 / 0.838*365 / 4
=478.25

* 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.


NightHawk Biosciences Days Payable Related Terms

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NightHawk Biosciences Business Description

Traded in Other Exchanges
Address
627 Davis Drive, Suite 300, Morrisville, NC, USA, 27560
NightHawk Biosciences Inc is a commercial-stage company with a fully integrated ecosystem to accelerate the discovery and development of novel therapies that arm the immune system. By leveraging its proprietary platforms, the company is advancing its first-in-class product portfolio with a focus on cancer and inflammatory and infectious diseases. Its current pipeline has categories: Oncology, immunology and molecular biology.

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