NIPG (NIP Group) Days Payable : 0.00 (As of Jun. 2024)

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What is NIP Group Days Payable?

NIP Group's average Accounts Payable for the three months ended in Jun. 2024 was $12.68 Mil. NIP Group's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil.

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

NIPG' s Days Payable Range Over the Past 10 Years
Min: 51.81 Med: 57.89 Max: 152.99
Current: 101.82

During the past 4 years, NIP Group's highest Days Payable was 152.99. The lowest was 51.81. And the median was 57.89.

NIPG's Days Payable is ranked better than
56.58% of 935 companies
in the Media - Diversified industry
Industry Median: 82.94 vs NIPG: 101.82

NIP Group's Days Payable declined from Dec. 2022 (37.04) to Jun. 2024 (0.00). It may suggest that NIP Group accelerated paying its suppliers.

NIP Group Days Payable Historical Data

The historical data trend for NIP 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.

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NIP Group Days Payable Chart

NIP Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

152.99

62.66

51.81

53.11

NIP Group Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			37.04	-	37.28	48.09	-

Competitive Comparison of NIP Group's Days Payable

For the Entertainment subindustry, NIP 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.

NIP Group's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, NIP Group's Days Payable distribution charts can be found below:

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

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NIP 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.

NIP 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
=	( (9.526	+	12.729)	/	2 )	/	76.469	*	365
=	11.1275					/	76.469	*	365
=	53.11

NIP Group'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: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (12.729	+	12.632)	/	2 )	/	0	*	365 / 4
=	12.6805					/	0	*	365 / 4
=	N/A

NIP Group Days Payable Related Terms

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NIP Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » NIP Group Inc (NAS:NIPG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rosenlundsgatan 31, Stockholm, SWE, 11863

Website

https://www.nipgroup.com

NIP Group Inc is a esports organization with operations across Asia, Europe and South America. It operate two esports brands: Ninjas in Pyjamas and eStar Gaming. Ninjas in Pyjamas, is a PC or console esports brand. eStar Gaming, is a mobile esports brand. The company has two reportable segments, including PRC and other entities, and Ninjas in Pyjamas. Key revenue is generated from PRC and other entities.