NuVim (NUVM) Days Payable: 0.00 (As of Jun. 2022)

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What is NuVim Days Payable?

NuVim NUVM Days Payable is 0.00 as of Jun. 2022.

NuVim's average Accounts Payable for the six months ended in Jun. 2022 was $0.00 Mil. NuVim's Cost of Goods Sold for the six months ended in Jun. 2022 was $0.00 Mil.

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

NUVM's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 43.945
* Ranked among companies with meaningful Days Payable only.

NuVim's Days Payable declined from Jun. 2008 (302.41) to Jun. 2022 (0.00). It may suggest that NuVim accelerated paying its suppliers.

NuVim Days Payable Historical Data

* Premium members only.

The historical data trend for NuVim'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.

NuVim Days Payable Chart

NuVim Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Days Payable
474.13 832.38 751.25 419.00 278.14

NuVim Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Jun21 Jun22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.91 333.13 302.41 0.00 0.00

NUVM vs MTTCF, PLBLF, KHC: Days Payable Comparison

For the Packaged Foods subindustry, NuVim'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.

NuVim Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NuVim's Days Payable distribution charts can be found below:

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


NuVim 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.

NuVim's Days Payable for the fiscal year that ended in Dec. 2007 is calculated as

Days Payable (A: Dec. 2007 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2006 ) + Accounts Payable (A: Dec. 2007 )) / count ) / Cost of Goods Sold (A: Dec. 2007 )*Days in Period
=( (0.501 + 0.386) / 2 ) / 0.582*365
=0.4435 / 0.582*365
=278.14

NuVim's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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 0.00 mean?
NuVim (NUVM) has a Days Payable of 0.00 as of Jun. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NuVim and its competitors.
Is NuVim's Days Payable too high?
NuVim's current Days Payable is 0.00.
How does NuVim's Days Payable compare to MTTCF and PLBLF?
NuVim's Days Payable of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.95. 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.95, based on 1,888 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 NuVim and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuVim'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 NuVim stock overvalued right now?
NuVim (NUVM) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 NuVim (NUVM), the current Days Payable is 0.00 as of Jun. 2022. 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.

NuVim Business Description

Address 32 Broughton Drive, Myrtle Beach, SC, USA, 29579
NuVim Inc is engaged in producing, marketing, and distributing powder mix dietary supplements under the NuVim brand. The company provides consumers with products that help bring an overall quality of life and help address specific health concerns. Its products help strengthen the immune system, enhance muscle, and bone health, and aid in consistent digestion while delivering daily requirements of vitamins C, E, B12, and zinc. There are varieties of powder mix products, Chocolate, Vanilla, and Strawberry, sold from its website. The NuVim dietary supplement products are marketed to both men and women in all stages of life and to help professional athletes, weekend warriors, and those incurring immune dysfunction or lack of energy and mental alertness.