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Novavis Group (WAR:NVG) Days Payable : 106.46 (As of Sep. 2024)


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What is Novavis Group Days Payable?

Novavis Group's average Accounts Payable for the three months ended in Sep. 2024 was zł0.74 Mil. Novavis Group's Cost of Goods Sold for the three months ended in Sep. 2024 was zł0.63 Mil. Hence, Novavis Group's Days Payable for the three months ended in Sep. 2024 was 106.46.

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

WAR:NVG' s Days Payable Range Over the Past 10 Years
Min: 72.57   Med: 328.55   Max: 1092
Current: 289.79

During the past 13 years, Novavis Group's highest Days Payable was 1092.00. The lowest was 72.57. And the median was 328.55.

WAR:NVG's Days Payable is ranked better than
63.64% of 517 companies
in the Capital Markets industry
Industry Median: 111.7 vs WAR:NVG: 289.79

Novavis Group's Days Payable declined from Sep. 2023 (315.70) to Sep. 2024 (106.46). It may suggest that Novavis Group accelerated paying its suppliers.

Novavis Group Days Payable Historical Data

The historical data trend for Novavis Group'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.

Novavis Group Days Payable Chart

Novavis Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 816.21 72.57 96.26 603.89 696.71

Novavis Group 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 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 315.70 526.80 623.99 245.73 106.46

Competitive Comparison of Novavis Group's Days Payable

For the Capital Markets subindustry, Novavis Group'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.

Novavis Group's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Novavis Group's Days Payable distribution charts can be found below:

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


Novavis Group 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.

Novavis Group'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
=( (1.949 + 2.258) / 2 ) / 1.102*365
=2.1035 / 1.102*365
=696.71

Novavis Group'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
=( (0.721 + 0.756) / 2 ) / 0.633*365 / 4
=0.7385 / 0.633*365 / 4
=106.46

* 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.

Novavis Group Days Payable Related Terms

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Novavis Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Novavis Group SA (WAR:NVG) » Definitions » Days Payable
Comparable Companies
WAR:IPE WAR:RNC WAR:SKL WAR:NWA WAR:INC WAR:IDM WAR:NTC WAR:EEE WAR:GTY WAR:MVR MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
N/A
Address
5th Park Avenue, Ulica Wspolna 70, Warsaw, POL, 00-687
Website
https://www.novavisgroup.pl
Novavis Group SA, formerly Rubicon Partners Spolka Akcyjna is an independent investment banking services provider dedicated to both Polish and international Clients. It also invests on own account, primarily in innovative start-up projects. The company provides tailor-made services to the different needs of clients and assists in all types of merger and acquisition projects, arrange finance for investment initiatives on both private and public markets.