Novavest Real Estate AG (XSWX:NREN) Days Payable : 144.05 (As of Dec. 2024)

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What is Novavest Real Estate AG Days Payable?

Novavest Real Estate AG's average Accounts Payable for the six months ended in Dec. 2024 was CHF2.57 Mil. Novavest Real Estate AG's Cost of Goods Sold for the six months ended in Dec. 2024 was CHF3.25 Mil. Hence, Novavest Real Estate AG's Days Payable for the six months ended in Dec. 2024 was 144.05.

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

XSWX:NREN' s Days Payable Range Over the Past 10 Years
Min: 9.85 Med: 63.03 Max: 125.49
Current: 125.49

During the past 12 years, Novavest Real Estate AG's highest Days Payable was 125.49. The lowest was 9.85. And the median was 63.03.

XSWX:NREN's Days Payable is ranked better than
57.99% of 1564 companies
in the Real Estate industry
Industry Median: 94.895 vs XSWX:NREN: 125.49

Novavest Real Estate AG's Days Payable increased from Dec. 2023 (95.95) to Dec. 2024 (144.05). It may suggest that Novavest Real Estate AG delayed paying its suppliers.

Novavest Real Estate AG Days Payable Historical Data

The historical data trend for Novavest Real Estate 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.

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Novavest Real Estate AG Days Payable Chart

Novavest Real Estate AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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9.85

64.10

91.53

61.96

71.73

Novavest Real Estate AG Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															102.77	83.24	95.95	163.24	144.05

Competitive Comparison of Novavest Real Estate AG's Days Payable

For the Real Estate - Diversified subindustry, Novavest Real Estate 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.

Novavest Real Estate AG's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Novavest Real Estate AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Novavest Real Estate AG's Days Payable falls into.

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Novavest Real Estate 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.

Novavest Real Estate AG'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
=	( (0.781	+	1.473)	/	2 )	/	5.735	*	365
=	1.127					/	5.735	*	365
=	71.73

Novavest Real Estate AG'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: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3.659	+	1.473)	/	2 )	/	3.251	*	365 / 2
=	2.566					/	3.251	*	365 / 2
=	144.05

Novavest Real Estate AG Days Payable Related Terms

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Novavest Real Estate AG Business Description

Industry

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NRENz:UK

Address

Feldeggstrasse 26, Zurich, CHE, 8008

Website

https://www.novavest.ch

Novavest Real Estate AG is a Swiss real estate company. It is engaged in construction, acquisition, sale, holding, conversion and management of all types of real estate in theSwitzerland. The company manages and develops properties for residential use, office and commercial use as well as on new construction projects.

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