NWCN (Network CN) Days Payable: 152.31 (As of Sep. 2024)

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NWCN Network CN Inc NWCN
12 GF Score
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What is Network CN Days Payable?

Network CN NWCN +25.00% 12 Days Payable is 152.31 as of Sep. 2024. GuruFocus rates NWCN with a GF Score™ of 12/100.

Network CN's average Accounts Payable for the three months ended in Sep. 2024 was $0.11 Mil. Network CN's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.07 Mil. Hence, Network CN's Days Payable for the three months ended in Sep. 2024 was 152.31.

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

NWCN's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 82.475
* Ranked among companies with meaningful Days Payable only.

Network CN's Days Payable declined from Sep. 2023 (405.41) to Sep. 2024 (152.31). It may suggest that Network CN accelerated paying its suppliers.


Network CN Days Payable Historical Data

* Premium members only.

The historical data trend for Network CN'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.

Network CN Days Payable Chart

Network CN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 342.74 149.09

Network CN Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 405.41 257.72 85.71 50.21 152.31

NWCN vs MMND, APP, TTD: Days Payable Comparison

For the Advertising Agencies subindustry, Network CN'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.


Network CN Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Network CN's Days Payable distribution charts can be found below:

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


NWCN
12GF Score
Network CN Inc NWCN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Network CN 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.

Network CN'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
=( (0.077 + 0.28) / 2 ) / 0.437*365
=0.1785 / 0.437*365
=149.09

Network CN's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.108 + 0.119) / 2 ) / 0.068*365 / 4
=0.1135 / 0.068*365 / 4
=152.31

* 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 152.31 mean?
Network CN (NWCN) has a Days Payable of 152.31 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Network CN and its competitors.
Is Network CN's Days Payable too high?
Network CN's current Days Payable is 152.31. The Media - Diversified industry median Days Payable is 82.48. Network CN's value of 152.31 is 84.7% above this industry median. Overall, Network CN has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Network CN's Days Payable compare to MMND and APP?
Network CN's Days Payable of 152.31 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 82.48. Network CN's value of 152.31 is 84.7% 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 Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.48, based on 912 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. Network CN's current Days Payable of 152.31 is 84.7% 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 Network CN and its competitors. For the Media - Diversified industry, the median Days Payable is 82.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network CN's current Days Payable is 152.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network CN stock overvalued right now?
Network CN (NWCN) has a current Days Payable of 152.31. The current Days Payable is 152.31 and 84.7% above the Media - Diversified industry median of 82.48. Network CN'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 Network CN (NWCN), the current Days Payable is 152.31 as of Sep. 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.

Network CN Business Description

Address Unit 705B, 9 Science Museum Road, New East Ocean Centre, 7th Floor, Tsim Sha Tsui, Kowloon, HKG
Network CN Inc is a media and advertising company. The company is engaged in the provision of out-of-home advertising services in China. Its suite of services ranges from media planning to advertising operations such as a network of roadside light-emitting diode (LED) digital video panels, mega-size LED digital video billboards, and lightboxes in many cities. Its revenues consist of income from out-of-home advertising panels.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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