NWTN (NWTN) Days Payable : 2,079.62 (As of Jun. 2023)

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What is NWTN Days Payable?

NWTN's average Accounts Payable for the six months ended in Jun. 2023 was $5.93 Mil. NWTN's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.52 Mil. Hence, NWTN's Days Payable for the six months ended in Jun. 2023 was 2,079.62.

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

NWTN' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4627.78
Current: 4627.78

During the past 3 years, NWTN's highest Days Payable was 4627.78. The lowest was 0.00. And the median was 0.00.

NWTN's Days Payable is ranked better than
99.21% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs NWTN: 4627.78

NWTN's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (2,079.62). It may suggest that NWTN delayed paying its suppliers.

NWTN Days Payable Historical Data

The historical data trend for NWTN'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.

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NWTN Days Payable Chart

NWTN Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

NWTN Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	2,079.62

Competitive Comparison of NWTN's Days Payable

For the Auto Manufacturers subindustry, NWTN'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.

NWTN's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NWTN's Days Payable distribution charts can be found below:

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

NWTN 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.

NWTN's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (8.107	+	4.955)	/	2 )	/	0	*	365
=	6.531					/	0	*	365
=	N/A

NWTN'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
=	( (4.955	+	6.896)	/	2 )	/	0.52	*	365 / 2
=	5.9255					/	0.52	*	365 / 2
=	2,079.62

NWTN Days Payable Related Terms

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

NWTN (NWTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NWTN Inc (NAS:NWTN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, ARE

Website

https://www.nwtnmotors.com

NWTN Inc is a pioneering smart electric vehicle company which aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology into a passenger-centric green premium mobility solution to the world.