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

View and export this data going back to . Start your Free Trial

What is Network CN Days Payable?

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 Range Over the Past 10 Years
Min: 6.89 Med: 149.09 Max: 342.74
Current: 99.1

During the past 13 years, Network CN's highest Days Payable was 342.74. The lowest was 6.89. And the median was 149.09.

NWCN's Days Payable is ranked better than
55.1% of 942 companies
in the Media - Diversified industry
Industry Median: 84.315 vs NWCN: 99.10

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

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.

* Premium members only.

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

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															405.41	257.72	85.71	50.21	152.31

Competitive Comparison of Network CN's Days Payable

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's Days Payable Distribution in the 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.

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

Network CN Days Payable Related Terms

Thank you for viewing the detailed overview of Network CN's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Network CN Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network CN Inc (OTCPK:NWCN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 705B, 9 Science Museum Road, New East Ocean Centre, 7th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.ncnmedia.com

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. The company generates the majority of its revenue from the United States.

Executives

Frederick Wong	director	C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Wing Kong Wong	director	C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Cheng Sze Ki Shirley	director, officer: Chief Financial Officer	C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Charles Liu	director	C/O NO. SUITE 3908, SHELL TOWER, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, HK K3 00000
Serge Choukroun	director	C/O STE 3908, SHELL TOWER, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, HONG KONG K3 00000
Sino Portfolio International Ltd	10 percent owner	3104 -7, 31/F, CENTRAL PLAZA, 18 HARBOUR ROAD, HONG KONG K3 00000
Chen Yang Foo Oi	10 percent owner	3104 -7, 31/F, CENTRAL PLAZA, 18 HARBOUR ROAD, HONG KONG K3 00000
Jennifer Fu	officer: Interim CFO	21/F., CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Gerald Godfrey	director	21/F., CHINACHEM CENTURY TOWER,, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Ronald Lee	director	C/O NO. 21/F., CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Chi Wah Leung	director	FLAT 2B, OLYMPAIN MANSION, 9 CONDUIT ROAD, MID-LEVEL K3 00000
Keywin Holdings Ltd	10 percent owner	RM902, 9/FL., UNIVERSAL TRADE CENTRE,, 3 ARBUTHNOT ROAD, CENTRAL K3 00000
Tang Pui Chu	10 percent owner	FLAT 2B,OLYMPAIN MANSION, 9 CONDUIT ROAD, MID-LEVEL K3 00000
Gerd Jakob	director	21/F CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, HONG KONG F4 0000000
Ronglie Xu	director	1-1-301, HOUSING YARD, MINISTRY OF CONSTRUCTION, BEIJING F4 100037

Network CN Headlines

No Headlines