NEWUF (Newtopia) Days Payable: 323.17 (As of Sep. 2024)


NEWUF Newtopia Inc NEWUF
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What is Newtopia Days Payable?

Newtopia NEWUF 12 Days Payable is 323.17 as of Sep. 2024. GuruFocus rates NEWUF with a GF Score™ of 12/100.

Newtopia's average Accounts Payable for the three months ended in Sep. 2024 was $1.70 Mil. Newtopia's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.48 Mil. Hence, Newtopia's Days Payable for the three months ended in Sep. 2024 was 323.17.

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

NEWUF's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 57.32
* Ranked among companies with meaningful Days Payable only.

Newtopia's Days Payable increased from Sep. 2023 (191.21) to Sep. 2024 (323.17). It may suggest that Newtopia delayed paying its suppliers.

Newtopia Days Payable Historical Data

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The historical data trend for Newtopia'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.

Newtopia Days Payable Chart

Newtopia Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 104.05 145.57 146.49 165.81 177.23

Newtopia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 191.21 168.10 211.15 257.97 323.17

NEWUF vs OTRKQ, FOXO, ICCT: Days Payable Comparison

For the Health Information Services subindustry, Newtopia'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.

Newtopia Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Newtopia's Days Payable distribution charts can be found below:

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


NEWUF
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Newtopia Inc NEWUF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Newtopia 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.

Newtopia'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
=( (1.902 + 1.36) / 2 ) / 3.359*365
=1.631 / 3.359*365
=177.23

Newtopia's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.623 + 1.784) / 2 ) / 0.481*365 / 4
=1.7035 / 0.481*365 / 4
=323.17

* 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 323.17 mean?
Newtopia (NEWUF) has a Days Payable of 323.17 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Newtopia and its competitors.
Is Newtopia's Days Payable too high?
Newtopia's current Days Payable is 323.17. The Healthcare Providers & Services industry median Days Payable is 57.32. Newtopia's value of 323.17 is 463.8% above this industry median. Overall, Newtopia has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Newtopia's Days Payable compare to OTRKQ and FOXO?
Newtopia's Days Payable of 323.17 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 57.32. Newtopia's value of 323.17 is 463.8% 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.32, based on 606 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. Newtopia's current Days Payable of 323.17 is 463.8% 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 Newtopia and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newtopia's current Days Payable is 323.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newtopia stock overvalued right now?
Newtopia (NEWUF) has a current Days Payable of 323.17. The current Days Payable is 323.17 and 463.8% above the Healthcare Providers & Services industry median of 57.32. Newtopia's overall GF Score™ is 12/100. 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 Newtopia (NEWUF), the current Days Payable is 323.17 as of Sep. 2024. 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.

Newtopia Business Description

Address 33 Bloor Street East, 5th Floor, Toronto, ON, CAN, M4W 3H1
Newtopia Inc is a technology-enabled habit change company that delivers disease prevention solutions by leveraging genetic testing, and social and behavioral science to help individuals prevent chronic disease and reduce costs for health insurers.
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