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The historical rank and industry rank for Nigerian Exchange Group's Days Payable or its related term are showing as below:
NSA:NGXGROUP's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 94.62 * Ranked among companies with meaningful Days Payable only.
* 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.
Nigerian Exchange Group Days Payable Chart
Nigerian Exchange Group Annual Data
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Days Payable
Nigerian Exchange Group Semi-Annual Data
Days Payable
NSA:NGXGROUP vs : Days Payable Comparison
For the Capital Markets subindustry, Nigerian Exchange 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.
Nigerian Exchange Group Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nigerian Exchange Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Nigerian Exchange Group's Days Payable falls into.
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.
Nigerian Exchange Group's Days Payable for the fiscal year that ended in . 20 is calculated as
* 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.
Nigerian Exchange Group (NSA:NGXGROUP) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nigerian Exchange Group and its competitors. According to the industry distribution chart, Nigerian Exchange Group ranks #999999 out of 534 companies in the Capital Markets industry.
Is Nigerian Exchange Group's Days Payable too high?
Nigerian Exchange Group's current Days Payable is 0.00. Based on the distribution chart, Nigerian Exchange Group ranks #999999 out of 534 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Nigerian Exchange Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Nigerian Exchange Group's Days Payable compare to ?
According to the Capital Markets industry distribution chart, Nigerian Exchange Group ranks #999999 out of 534 companies for Days Payable. This places Nigerian Exchange Group in the lower half of its industry. The industry median Days Payable is 94.62. 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 94.62, based on 534 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. 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 Nigerian Exchange Group and its competitors. For the Capital Markets industry, the median Days Payable is 94.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigerian Exchange Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Exchange Group stock overvalued right now?
Nigerian Exchange Group (NSA:NGXGROUP) has a current Days Payable of 0.00. The current Days Payable is 0.00. Nigerian Exchange Group's overall GF Score™ is 3/100 with 1 warning sign to review. 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 Nigerian Exchange Group (NSA:NGXGROUP), the current Days Payable is 0.00 as of . 20. 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.
Nigerian Exchange Group PLC is an integrated capital market infrastructure provider in Nigeria. It provides a wide range of services, including listing and trading securities, licensing, market data solutions, ancillary technology, regulation, real estate, and more. The group's reportable segments are: Capital Market and Post trade Services, Strategic Investment, and Property Management. The majority of its revenue is generated from the Capital Market and Post trade Services segment, which is engaged in regulating the activities of all stock broking firms in Nigeria while providing them with the facilities for the purchase and sale of bonds, stocks, and shares of any kind. This also includes the clearing and settlement of trades on the stock exchange.
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