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NextCell Pharma AB (OSTO:NXTCL) Days Payable : 84.48 (As of Feb. 2024)


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What is NextCell Pharma AB Days Payable?

NextCell Pharma AB's average Accounts Payable for the three months ended in Feb. 2024 was kr2.55 Mil. NextCell Pharma AB's Cost of Goods Sold for the three months ended in Feb. 2024 was kr2.76 Mil. Hence, NextCell Pharma AB's Days Payable for the three months ended in Feb. 2024 was 84.48.

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

OSTO:NXTCL' s Days Payable Range Over the Past 10 Years
Min: 17.41   Med: 31.63   Max: 291.31
Current: 83.57

During the past 9 years, NextCell Pharma AB's highest Days Payable was 291.31. The lowest was 17.41. And the median was 31.63.

OSTO:NXTCL's Days Payable is ranked worse than
62.57% of 724 companies
in the Biotechnology industry
Industry Median: 150.695 vs OSTO:NXTCL: 83.57

NextCell Pharma AB's Days Payable increased from Feb. 2023 (79.51) to Feb. 2024 (84.48). It may suggest that NextCell Pharma AB delayed paying its suppliers.


NextCell Pharma AB Days Payable Historical Data

The historical data trend for NextCell Pharma AB'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.

NextCell Pharma AB Days Payable Chart

NextCell Pharma AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only 30.60 24.88 17.41 67.05 46.73

NextCell Pharma AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 79.51 106.17 65.52 53.75 84.48

Competitive Comparison of NextCell Pharma AB's Days Payable

For the Biotechnology subindustry, NextCell Pharma AB'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.


NextCell Pharma AB's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NextCell Pharma AB's Days Payable distribution charts can be found below:

* The bar in red indicates where NextCell Pharma AB's Days Payable falls into.



NextCell Pharma AB 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.

NextCell Pharma AB's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (1.924 + 0.892) / 2 ) / 10.998*365
=1.408 / 10.998*365
=46.73

NextCell Pharma AB's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (2.25 + 2.855) / 2 ) / 2.757*365 / 4
=2.5525 / 2.757*365 / 4
=84.48

* 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.


NextCell Pharma AB Days Payable Related Terms

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NextCell Pharma AB (OSTO:NXTCL) Business Description

Traded in Other Exchanges
Address
Karolinska Institutet Science Park, Halsovagen 7, Huddinge, SWE, 14157
NextCell Pharma AB is a healthcare services provider. The company is engaged in the research of stem cell and is developing the candidate drug ProTrans for the treatment of diabetes and immunosuppression in kidney transplants.

NextCell Pharma AB (OSTO:NXTCL) Headlines

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