Cnova NV (XPAR:CNV) Days Payable : 108.48 (As of Dec. 2023)

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What is Cnova NV Days Payable?

Cnova NV's average Accounts Payable for the six months ended in Dec. 2023 was €240 Mil. Cnova NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €404 Mil. Hence, Cnova NV's Days Payable for the six months ended in Dec. 2023 was 108.48.

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

XPAR:CNV' s Days Payable Range Over the Past 10 Years
Min: 119.89 Med: 138.3 Max: 204.42
Current: 132.51

During the past 13 years, Cnova NV's highest Days Payable was 204.42. The lowest was 119.89. And the median was 138.30.

XPAR:CNV's Days Payable is ranked better than
84.23% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs XPAR:CNV: 132.51

Cnova NV's Days Payable declined from Dec. 2022 (131.88) to Dec. 2023 (108.48). It may suggest that Cnova NV accelerated paying its suppliers.

Cnova NV Days Payable Historical Data

The historical data trend for Cnova NV'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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Cnova NV Days Payable Chart

Cnova NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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134.83

138.00

138.60

152.28

149.11

Cnova NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															112.66	140.54	131.88	138.95	108.48

Competitive Comparison of Cnova NV's Days Payable

For the Internet Retail subindustry, Cnova NV'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.

Cnova NV's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cnova NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Cnova NV's Days Payable falls into.

Cnova NV 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.

Cnova NV'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
=	( (428.921	+	252.912)	/	2 )	/	834.542	*	365
=	340.9165					/	834.542	*	365
=	149.11

Cnova NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (227.086	+	252.912)	/	2 )	/	403.748	*	365 / 2
=	239.999					/	403.748	*	365 / 2
=	108.48

Cnova NV Days Payable Related Terms

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Cnova NV (XPAR:CNV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cnova NV (XPAR:CNV) » Definitions » Days Payable

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Traded in Other Exchanges

CNVAF:USA

Address

Strawinskylaan 3051, Amsterdam, NLD, 1077 ZX

Website

https://www.cnova.com

Cnova NV is an eCommerce company. It provides its customers with the value proposition through a low-cost business model that allows offering attractive pricing, an extensive product assortment and differentiated delivery and payment solutions. It offers approximately 10 million active customers access to a wide and growing assortment of more than approximately 90 million product offerings through a combination of its direct sales and sales by third-party vendors. Its product offerings categories in terms of GMV are home appliances, consumer electronics, computers, home furnishings, leisure and personal goods.

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