Pacte Novation (XPAR:MLPAC) Days Payable: 48.43 (As of Mar. 2024)


XPAR:MLPAC Pacte Novation SA XPAR:MLPAC
8 GF Score
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What is Pacte Novation Days Payable?

Pacte Novation XPAR:MLPAC 8 Days Payable is 48.43 as of Mar. 2024. GuruFocus rates XPAR:MLPAC with a GF Score™ of 8/100.

Pacte Novation's average Accounts Payable for the six months ended in Mar. 2024 was €0.59 Mil. Pacte Novation's Cost of Goods Sold for the six months ended in Mar. 2024 was €4.44 Mil. Hence, Pacte Novation's Days Payable for the six months ended in Mar. 2024 was 24.22.

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

XPAR:MLPAC's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.01
* Ranked among companies with meaningful Days Payable only.

Pacte Novation's Days Payable increased from Mar. 2022 (28.37) to Mar. 2024 (48.43). It may suggest that Pacte Novation delayed paying its suppliers.

Pacte Novation Days Payable Historical Data

* Premium members only.

The historical data trend for Pacte Novation'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.

Pacte Novation Days Payable Chart

Pacte Novation Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.62 24.95 28.37 48.64 48.43

Pacte Novation Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
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 21.62 24.95 28.37 48.64 48.43

XPAR:MLPAC vs CRM, UBER, NOW: Days Payable Comparison

For the Software - Application subindustry, Pacte Novation'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.

Pacte Novation Days Payable vs Software Industry

For the Software industry and Technology sector, Pacte Novation's Days Payable distribution charts can be found below:

* The bar in red indicates where Pacte Novation's Days Payable falls into.


XPAR:MLPAC
8GF Score
Pacte Novation SA XPAR:MLPAC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pacte Novation 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.

Pacte Novation's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.521 + 0.657) / 2 ) / 4.439*365
=0.589 / 4.439*365
=48.43

Pacte Novation's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.521 + 0.657) / 2 ) / 4.439*365 / 2
=0.589 / 4.439*365 / 2
=24.22

* 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 48.43 mean?
Pacte Novation (XPAR:MLPAC) has a Days Payable of 48.43 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pacte Novation and its competitors.
Is Pacte Novation's Days Payable too high?
Pacte Novation's current Days Payable is 48.43. The Software industry median Days Payable is 54.01. Pacte Novation's value of 48.43 is 10.3% below this industry median. Overall, Pacte Novation has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Pacte Novation's Days Payable compare to CRM and UBER?
Pacte Novation's Days Payable of 48.43 can be compared against companies in the Software industry. The industry median Days Payable is 54.01. Pacte Novation's value of 48.43 is 10.3% below this benchmark. 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 a Software company?
The median Days Payable among Software companies is 54.01, based on 2,601 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. Pacte Novation's current Days Payable of 48.43 is 10.3% 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 Pacte Novation and its competitors. For the Software industry, the median Days Payable is 54.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacte Novation's current Days Payable is 48.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacte Novation stock overvalued right now?
Pacte Novation (XPAR:MLPAC) has a current Days Payable of 48.43. The current Days Payable is 48.43 and 10.3% below the Software industry median of 54.01. Pacte Novation's overall GF Score™ is 8/100. 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 Pacte Novation (XPAR:MLPAC), the current Days Payable is 48.43 as of Mar. 2024. 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.

Pacte Novation Business Description

Address 2 rue du Docteur Lombard, Issy-les-Moulineaux, FRA, 92441
Pacte Novation SA is a multidisciplinary software engineering service provider. The company specializes in BRMS and artificial intelligence, software engineering, railway information system, big data and data science, among others.
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