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Nexcom AS (OCSE:NEXCOM) Days Payable : 2,986.12 (As of Dec. 2024)


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What is Nexcom AS Days Payable?

Nexcom AS's average Accounts Payable for the three months ended in Dec. 2024 was kr2.26 Mil. Nexcom AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr0.07 Mil. Hence, Nexcom AS's Days Payable for the three months ended in Dec. 2024 was 2,986.12.

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

OCSE:NEXCOM' s Days Payable Range Over the Past 10 Years
Min: 47.87   Med: 67.39   Max: 119.92
Current: 119.92

During the past 9 years, Nexcom AS's highest Days Payable was 119.92. The lowest was 47.87. And the median was 67.39.

OCSE:NEXCOM's Days Payable is ranked better than
72.93% of 2549 companies
in the Software industry
Industry Median: 51.21 vs OCSE:NEXCOM: 119.92

Nexcom AS's Days Payable increased from Dec. 2023 (434.16) to Dec. 2024 (2,986.12). It may suggest that Nexcom AS delayed paying its suppliers.


Nexcom AS Days Payable Historical Data

The historical data trend for Nexcom AS'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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Nexcom AS Days Payable Chart

Nexcom AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only - 47.87 49.90 84.88 119.92

Nexcom AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 434.16 78.26 - - 2,986.12

Competitive Comparison of Nexcom AS's Days Payable

For the Software - Application subindustry, Nexcom AS'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.


Nexcom AS's Days Payable Distribution in the Software Industry

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

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


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Nexcom AS 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.

Nexcom AS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.946 + 2.258) / 2 ) / 6.398*365
=2.102 / 6.398*365
=119.92

Nexcom AS's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0 + 2.258) / 1 ) / 0.069000000000001*365 / 4
=2.258 / 0.069000000000001*365 / 4
=2,986.12

* 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.


Nexcom AS Days Payable Related Terms

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Nexcom AS Business Description

Traded in Other Exchanges
Address
Toldbodgade 59B, Copenhagen K, DNK, 1253
Nexcom AS is the developer of information technology solutions for optimizing customer service functions and improving end-customer satisfaction. It offers digital process optimization, digital workflow, and interaction AI services. Nexcom operates in Workflow automation software. Its products include eTray, a software system for automated handling of workflows and tasks, and RevealCX, a software system for improving customer contact in service centers, RevealCX Boost is an AI-based add-on to RevealCX.

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