Nictus Holdings (NAM:NHL) Days Payable : 83.97 (As of Dec. 2023)

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What is Nictus Holdings Days Payable?

Nictus Holdings's average Accounts Payable for the six months ended in Dec. 2023 was R164.6 Mil. Nictus Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was R357.6 Mil. Hence, Nictus Holdings's Days Payable for the six months ended in Dec. 2023 was 83.97.

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

NAM:NHL' s Days Payable Range Over the Past 10 Years
Min: 40.84 Med: 50.3 Max: 74.38
Current: 74.38

During the past 4 years, Nictus Holdings's highest Days Payable was 74.38. The lowest was 40.84. And the median was 50.30.

NAM:NHL's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 55.005 vs NAM:NHL: 74.38

Nictus Holdings's Days Payable increased from Dec. 2022 (56.70) to Dec. 2023 (83.97). It may suggest that Nictus Holdings delayed paying its suppliers.

Nictus Holdings Days Payable Historical Data

The historical data trend for Nictus Holdings'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.

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Nictus Holdings Days Payable Chart

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Days Payable

50.30

40.84

62.38

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			31.63	37.64	56.70	66.30	83.97

Competitive Comparison of Nictus Holdings's Days Payable

For the Specialty Retail subindustry, Nictus Holdings'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.

Nictus Holdings's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus Holdings's Days Payable distribution charts can be found below:

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

Nictus Holdings 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.

Nictus Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (94.501	+	152.303)	/	2 )	/	722.036	*	365
=	123.402					/	722.036	*	365
=	62.38

Nictus Holdings'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
=	( (152.303	+	176.809)	/	2 )	/	357.641	*	365 / 2
=	164.556					/	357.641	*	365 / 2
=	83.97

Nictus Holdings Days Payable Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

Nictus Holdings (NAM:NHL) Headlines

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