NXTT (Next Technology Holding) Days Payable : 0.00 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Next Technology Holding Days Payable?

Next Technology Holding's average Accounts Payable for the three months ended in Sep. 2024 was $0.92 Mil. Next Technology Holding's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil.

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

NXTT' s Days Payable Range Over the Past 10 Years
Min: 4.74 Med: 4.76 Max: 282.13
Current: 244.91

During the past 5 years, Next Technology Holding's highest Days Payable was 282.13. The lowest was 4.74. And the median was 4.76.

NXTT's Days Payable is ranked better than
85.96% of 2514 companies
in the Software industry
Industry Median: 50.4 vs NXTT: 244.91

Next Technology Holding's Days Payable declined from Sep. 2023 (56.57) to Sep. 2024 (0.00). It may suggest that Next Technology Holding accelerated paying its suppliers.

Next Technology Holding Days Payable Historical Data

The historical data trend for Next Technology Holding'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.

Next Technology Holding Days Payable Chart

Next Technology Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

4.74

4.76

282.13

Next Technology Holding 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															56.57	51.63	-	-	-

Competitive Comparison of Next Technology Holding's Days Payable

For the Software - Application subindustry, Next Technology Holding'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.

Next Technology Holding's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Next Technology Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Next Technology Holding's Days Payable falls into.

Save Embed

;

Save Embed

;

Next Technology Holding 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.

Next Technology Holding'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	+	0.926)	/	1 )	/	1.198	*	365
=	0.926					/	1.198	*	365
=	282.13

Next Technology Holding'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
=	( (0.924	+	0)	/	1 )	/	0	*	365 / 4
=	0.924					/	0	*	365 / 4
=	N/A

Next Technology Holding Days Payable Related Terms

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

Next Technology Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Next Technology Holding Inc (NAS:NXTT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianhai Premier Finance Centre Unit 2, Room 519, 5th floor, Block T3, Guiwan Area, Nanshan District, Shenzhen, CHN, 100020

Website

https://www.wetradegroup.net

Next Technology Holding Inc pursues two corporate strategies. One business strategy is to continue providing software development services, and the other strategy is to acquire and hold Bitcoin. It provides AI-enabled software development services to its customers, which include developing, designing, and implementing various SAAS software solutions for businesses of all types, including industrial and other businesses. Its bitcoin acquisition strategy generally involves acquiring bitcoin with its liquid assets that exceed working capital requirements, and from time to time, subject to market conditions, issuing debt or equity securities or engaging in other capital raising transactions to use the proceeds to purchase bitcoin.

Executives

Biming Guo	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, BEIJING F4 100020
Kean Tat Che	director, officer: CFO and Executive Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Yuxing Ye	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Donghui Wang	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Ning Qin	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Pijun Liu	director, 10 percent owner, officer: CEO and Executive Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Zhuo Li	director, officer: COO and Executive Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Daxue Li	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Zheng Dai	director, 10 percent owner, officer: Chairman and Exec. Director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000
Hung Fai Choi	director	NO 1 GAOBEI SOUTH COAST, YI AN MEN 111 BLOCK 37, CHAO YANG DIST., BEIJING CITY F4 00000