Nexxchange AG (WBO:IPO) Days Payable: 13.27 (As of Dec. 2014) — 69% Below Median


What is Nexxchange AG Days Payable?

Nexxchange AG WBO:IPO Days Payable is 13.27 as of Dec. 2014, which is 69% below its 10-year median of 42.94. The stock has 3 warning signs investors should review.

Nexxchange AG's average Accounts Payable for the six months ended in Dec. 2014 was €0.00 Mil. Nexxchange AG's Cost of Goods Sold for the six months ended in Dec. 2014 was €0.06 Mil. Hence, Nexxchange AG's Days Payable for the six months ended in Dec. 2014 was 6.64.

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

WBO:IPO' s Days Payable Range Over the Past 10 Years
Min: 13.27   Med: 42.94   Max: 42.94
Current: 13.27

During the past 4 years, Nexxchange AG's highest Days Payable was 42.94. The lowest was 13.27. And the median was 42.94.

WBO:IPO's Days Payable is not ranked
in the Asset Management industry.
Industry Median: 70.83 vs WBO:IPO: 13.27

Nexxchange AG's Days Payable increased from Dec. 2012 (0.00) to Dec. 2014 (13.27). It may suggest that Nexxchange AG delayed paying its suppliers.

Nexxchange AG Days Payable Historical Data

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The historical data trend for Nexxchange AG'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.

Nexxchange AG Days Payable Chart

Nexxchange AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Days Payable
0.00 0.00 42.94 13.27

Nexxchange AG Semi-Annual Data
Dec11 Dec12 Dec13 Dec14
Days Payable 0.00 0.00 42.94 13.27

Nexxchange AG Days Payable Competitor Comparison

For the Asset Management subindustry, Nexxchange AG'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.

Nexxchange AG Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nexxchange AG's Days Payable distribution charts can be found below:

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


Nexxchange AG 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.

Nexxchange AG's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0.002 + 0) / 1 ) / 0.055*365
=0.002 / 0.055*365
=13.27

Nexxchange AG's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable (Q: Dec. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2013 ) + Accounts Payable (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (0.002 + 0) / 1 ) / 0.055*365 / 2
=0.002 / 0.055*365 / 2
=6.64

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 13.27 mean?
Nexxchange AG (WBO:IPO) has a Days Payable of 13.27 as of Dec. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nexxchange AG and its competitors. This is 69% below median its historical median of 42.94. Over the past decade, Nexxchange AG's Days Payable has ranged from 13.27 to 42.94.
Is Nexxchange AG's Days Payable too high?
Nexxchange AG's current Days Payable of 13.27 is 69% below median its 10-year median of 42.94. Over the past 10 years, this metric has ranged from a low of 13.27 to a high of 42.94. The Asset Management industry median Days Payable is 70.83. Nexxchange AG's value of 13.27 is 81.3% below this industry median.
How does Nexxchange AG's Days Payable compare to competitors?
Nexxchange AG's Days Payable of 13.27 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.83. Nexxchange AG's value of 13.27 is 81.3% below this benchmark. Historically, Nexxchange AG's own Days Payable has ranged from 13.27 to 42.94 over the past decade. While the company's 10-year median is 42.94 vs. the industry median of 70.83, Nexxchange AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.83, based on 480 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexxchange AG's current Days Payable of 13.27 is 81.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nexxchange AG and its competitors. For the Asset Management industry, the median Days Payable is 70.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexxchange AG's current Days Payable is 13.27, which is 69% below median its own 10-year median of 42.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexxchange AG stock overvalued right now?
Nexxchange AG (WBO:IPO) has a current Days Payable of 13.27. The current Days Payable is 13.27, which is 69% below median its 10-year median of 42.94 and 81.3% below the Asset Management industry median of 70.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nexxchange AG (WBO:IPO), the current Days Payable is 13.27 as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nexxchange AG Business Description

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Nexxchange AG is an investment service provider. It provides investment advice to potential investors on behalf of small companies that are planning their initial public offering.