NTRR (Neutra) Days Payable: 43,754.38 (As of Apr. 2024)


What is Neutra Days Payable?

Neutra NTRR -50.00% Days Payable is 43,754.38 as of Apr. 2024.

Neutra's average Accounts Payable for the three months ended in Apr. 2024 was $0.48 Mil. Neutra's Cost of Goods Sold for the three months ended in Apr. 2024 was $0.00 Mil. Hence, Neutra's Days Payable for the three months ended in Apr. 2024 was 43,754.38.

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

NTRR's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.61
* Ranked among companies with meaningful Days Payable only.

Neutra's Days Payable increased from Apr. 2023 (15,664.58) to Apr. 2024 (43,754.38). It may suggest that Neutra delayed paying its suppliers.

Neutra Days Payable Historical Data

* Premium members only.

The historical data trend for Neutra'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.

Neutra Days Payable Chart

Neutra Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3,552.38 2,851.19 5,773.64 6,963.08

Neutra Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 15,664.58 22,675.63 0.00 2,295.66 43,754.38

NTRR vs NXEN, PNXP, PLSH: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Neutra'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.

Neutra Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Neutra's Days Payable distribution charts can be found below:

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


Neutra 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.

Neutra's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (0.517 + 0.475) / 2 ) / 0.026*365
=0.496 / 0.026*365
=6,963.08

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

Days Payable (Q: Apr. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2024 ) + Accounts Payable (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (0.475 + 0.484) / 2 ) / 0.001*365 / 4
=0.4795 / 0.001*365 / 4
=43,754.38

* 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 43,754.38 mean?
Neutra (NTRR) has a Days Payable of 43,754.38 as of Apr. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Neutra and its competitors.
Is Neutra's Days Payable too high?
Neutra's current Days Payable is 43,754.38. The Drug Manufacturers industry median Days Payable is 90.61. Neutra's value of 43,754.38 is 48188.7% above this industry median.
How does Neutra's Days Payable compare to NXEN and PNXP?
Neutra's Days Payable of 43,754.38 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.61. Neutra's value of 43,754.38 is 48188.7% 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.61, based on 922 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. Neutra's current Days Payable of 43,754.38 is 48188.7% 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 Neutra and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neutra's current Days Payable is 43,754.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neutra stock overvalued right now?
Neutra (NTRR) has a current Days Payable of 43,754.38. The current Days Payable is 43,754.38 and 48188.7% above the Drug Manufacturers industry median of 90.61. 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 Neutra (NTRR), the current Days Payable is 43,754.38 as of Apr. 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.

Neutra Business Description

Address 2500 CityWest Boulevard, Suite 150-161, Houston, TX, USA, 77042
Neutra Corp to market and participate in the nutraceutical space by bringing products derived from all natural and organic origins. Along with participating in the actual nutraceutical products, It plan to research and bring new technology to the nutraceutical space. Nutraceutical natural medicine is an alternative system that focuses on natural remedies and the body's vital ability to heal and maintain itself.