NovaBev Group (MIC:BELU) Days Payable: 61.64 (As of Dec. 2023)


MIC:BELU NovaBev Group MIC:BELU
17 GF Score
Price ₽249.00
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What is NovaBev Group Days Payable?

NovaBev Group MIC:BELU +0.73% 17 Days Payable is 61.64 as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

NovaBev Group's average Accounts Payable for the six months ended in Dec. 2023 was ₽15,031 Mil. NovaBev Group's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽44,506 Mil. Hence, NovaBev Group's Days Payable for the six months ended in Dec. 2023 was 61.64.

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

MIC:BELU's Days Payable is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 82.04
* Ranked among companies with meaningful Days Payable only.

NovaBev Group's Days Payable declined from Dec. 2022 (74.83) to Dec. 2023 (61.64). It may suggest that NovaBev Group accelerated paying its suppliers.

NovaBev Group Days Payable Historical Data

* Premium members only.

The historical data trend for NovaBev 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.

NovaBev Group Days Payable Chart

NovaBev Group 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 100.06 104.99 116.40 107.32 85.79

NovaBev Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 90.95 102.27 74.83 94.53 61.64

MIC:BELU vs BF.B: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, NovaBev 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.

NovaBev Group Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, NovaBev Group's Days Payable distribution charts can be found below:

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


MIC:BELU
17GF Score
NovaBev Group MIC:BELU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NovaBev 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.

NovaBev 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
=( (17351 + 17254) / 2 ) / 73618*365
=17302.5 / 73618*365
=85.79

NovaBev Group'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (12808 + 17254) / 2 ) / 44506*365 / 2
=15031 / 44506*365 / 2
=61.64

* 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 61.64 mean?
NovaBev Group (MIC:BELU) has a Days Payable of 61.64 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NovaBev Group and its competitors.
Is NovaBev Group's Days Payable too high?
NovaBev Group's current Days Payable is 61.64. The Beverages - Alcoholic industry median Days Payable is 82.04. NovaBev Group's value of 61.64 is 24.9% below this industry median. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's Days Payable compare to BF.B?
NovaBev Group's Days Payable of 61.64 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Payable is 82.04. NovaBev Group's value of 61.64 is 24.9% below 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 202 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. NovaBev Group's current Days Payable of 61.64 is 24.9% below 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 NovaBev Group and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NovaBev Group's current Days Payable is 61.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current Days Payable of 61.64. The current Days Payable is 61.64 and 24.9% below the Beverages - Alcoholic industry median of 82.04. NovaBev Group's overall GF Score™ is 17/100. 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 NovaBev Group (MIC:BELU), the current Days Payable is 61.64 as of Dec. 2023. 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.

NovaBev Group Business Description

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽249.00
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