NUHRF (Nuheara) Days Payable: 524.34 (As of Jun. 2023)


NUHRF Nuheara Ltd NUHRF
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What is Nuheara Days Payable?

Nuheara NUHRF 12 Days Payable is 524.34 as of Jun. 2023. GuruFocus rates NUHRF with a GF Score™ of 12/100.

Nuheara's average Accounts Payable for the six months ended in Jun. 2023 was $2.05 Mil. Nuheara's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.71 Mil. Hence, Nuheara's Days Payable for the six months ended in Jun. 2023 was 524.34.

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

NUHRF's Days Payable is not ranked *
in the Hardware industry.
Industry Median: 69.89
* Ranked among companies with meaningful Days Payable only.

Nuheara's Days Payable increased from Jun. 2022 (441.59) to Jun. 2023 (524.34). It may suggest that Nuheara delayed paying its suppliers.


Nuheara Days Payable Historical Data

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The historical data trend for Nuheara'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.

Nuheara Days Payable Chart

Nuheara Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.77 101.09 40.54 247.28 326.59

Nuheara Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 231.56 287.80 441.59 425.83 524.34

NUHRF vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Nuheara'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.


Nuheara Days Payable vs Hardware Industry

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

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


NUHRF
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Nuheara Ltd NUHRF
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Nuheara 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.

Nuheara's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.552 + 0.909) / 2 ) / 1.934*365
=1.7305 / 1.934*365
=326.59

Nuheara's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (3.188 + 0.909) / 2 ) / 0.713*365 / 2
=2.0485 / 0.713*365 / 2
=524.34

* 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 524.34 mean?
Nuheara (NUHRF) has a Days Payable of 524.34 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nuheara and its competitors.
Is Nuheara's Days Payable too high?
Nuheara's current Days Payable is 524.34. The Hardware industry median Days Payable is 69.89. Nuheara's value of 524.34 is 650.2% above this industry median. Overall, Nuheara has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nuheara's Days Payable compare to AAPL?
Nuheara's Days Payable of 524.34 can be compared against companies in the Hardware industry. The industry median Days Payable is 69.89. Nuheara's value of 524.34 is 650.2% 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. Nuheara's current Days Payable of 524.34 is 650.2% 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 Nuheara and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuheara's current Days Payable is 524.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuheara stock overvalued right now?
Nuheara (NUHRF) has a current Days Payable of 524.34. The current Days Payable is 524.34 and 650.2% above the Hardware industry median of 69.89. Nuheara'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 Nuheara (NUHRF), the current Days Payable is 524.34 as of Jun. 2023. 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.

Nuheara Business Description

Address 190 Aberdeen Street, Northbridge, Sydney, WA, AUS, 6003
Nuheara Ltd is an Australia based company that engages in the development, manufacture, and sale of hearing aids. The principal activity of the company is the development and commercialization of its proprietary hearing and wearables technology platform that aims to combine speech augmentation software with spatial directionality and placement, Bluetooth connectivity, and application software components. Some of its products include IQbuds2 MAX, IQbuds BOOST, IQstream TV, and Bluetooth Transmitter.
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