Nuran Wireless (Nuran Wireless) Days Payable : 1,481.94 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Nuran Wireless Days Payable?

Nuran Wireless's average Accounts Payable for the three months ended in Dec. 2023 was $6.35 Mil. Nuran Wireless's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.39 Mil. Hence, Nuran Wireless's Days Payable for the three months ended in Dec. 2023 was 1,481.94.

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

NRRWF' s Days Payable Range Over the Past 10 Years
Min: 156.56 Med: 170.97 Max: 1435
Current: 1435

During the past 9 years, Nuran Wireless's highest Days Payable was 1435.00. The lowest was 156.56. And the median was 170.97.

NRRWF's Days Payable is ranked better than
99.13% of 2421 companies
in the Hardware industry
Industry Median: 68.09 vs NRRWF: 1435.00

Nuran Wireless's Days Payable increased from Sep. 2022 (1,242.36) to Dec. 2023 (1,481.94). It may suggest that Nuran Wireless delayed paying its suppliers.

Nuran Wireless Days Payable Historical Data

The historical data trend for Nuran Wireless'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.

Nuran Wireless Days Payable Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

Nuran Wireless Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1,242.36	785.04	1,508.98	846.21	1,481.94

Competitive Comparison of Nuran Wireless's Days Payable

For the Communication Equipment subindustry, Nuran Wireless'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.

Nuran Wireless's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's Days Payable distribution charts can be found below:

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

Nuran Wireless 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.

Nuran Wireless'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
=	( (0	+	0)	/	1 )	/	1.979	*	365
=	0					/	1.979	*	365
=	0.00

Nuran Wireless'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.35	+	0)	/	1 )	/	0.391	*	365 / 4
=	6.35					/	0.391	*	365 / 4
=	1,481.94

Nuran Wireless Days Payable Related Terms

Thank you for viewing the detailed overview of Nuran Wireless's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuran Wireless (Nuran Wireless) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (OTCPK:NRRWF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1RNA:Germany NUR:Canada

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.