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National Carton Industry (XPAE:NCI) Days Payable : 26.58 (As of Dec. 2024)


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What is National Carton Industry Days Payable?

National Carton Industry's average Accounts Payable for the three months ended in Dec. 2024 was $0.51 Mil. National Carton Industry's Cost of Goods Sold for the three months ended in Dec. 2024 was $1.76 Mil. Hence, National Carton Industry's Days Payable for the three months ended in Dec. 2024 was 26.58.

The historical rank and industry rank for National Carton Industry's Days Payable or its related term are showing as below:

XPAE:NCI' s Days Payable Range Over the Past 10 Years
Min: 16.71   Med: 45.81   Max: 75.56
Current: 26.95

During the past 13 years, National Carton Industry's highest Days Payable was 75.56. The lowest was 16.71. And the median was 45.81.

XPAE:NCI's Days Payable is ranked worse than
85.38% of 383 companies
in the Packaging & Containers industry
Industry Median: 58.56 vs XPAE:NCI: 26.95

National Carton Industry's Days Payable declined from Dec. 2023 (28.97) to Dec. 2024 (26.58). It may suggest that National Carton Industry accelerated paying its suppliers.


National Carton Industry Days Payable Historical Data

The historical data trend for National Carton Industry'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.

National Carton Industry Days Payable Chart

National Carton Industry Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.02 27.01 16.71 20.90 29.81

National Carton Industry 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 28.97 26.10 25.51 26.60 26.58

Competitive Comparison of National Carton Industry's Days Payable

For the Packaging & Containers subindustry, National Carton Industry'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.


National Carton Industry's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, National Carton Industry's Days Payable distribution charts can be found below:

* The bar in red indicates where National Carton Industry's Days Payable falls into.


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National Carton Industry 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.

National Carton Industry'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
=( (0.431 + 0.547) / 2 ) / 5.988*365
=0.489 / 5.988*365
=29.81

National Carton Industry'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
=( (0.48 + 0.547) / 2 ) / 1.763*365 / 4
=0.5135 / 1.763*365 / 4
=26.58

* 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.


National Carton Industry Days Payable Related Terms

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National Carton Industry Business Description

Traded in Other Exchanges
N/A
Address
East industrial zone, P.O. Box 803, Nablus, PSE
National Carton Industry is a manufacturer of Closed and Open carton boxes based in Palestine. It produces mainly three types of Carton boxes. Furniture Corrugation carton boxes, Closed carton boxes, and Opened carton boxes.