NVGT (Novagant) Other Current Payables: $0.17 Mil (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Novagant Other Current Payables?

Novagant NVGT -95.00% Other Current Payables is $0.17 Mil as of Dec. 2023.

Novagant's Other Current Payables for the quarter that ended in Dec. 2023 was $0.17 Mil.

Novagant's quarterly Other Current Payables increased from Jun. 2023 ($0.16 Mil) to Sep. 2023 ($0.17 Mil) and increased from Sep. 2023 ($0.17 Mil) to Dec. 2023 ($0.17 Mil).

Novagant's annual Other Current Payables increased from Mar. 2021 ($0.04 Mil) to Mar. 2022 ($0.24 Mil) and increased from Mar. 2022 ($0.24 Mil) to Mar. 2023 ($0.26 Mil).


Novagant Other Current Payables Related Terms


Novagant Other Current Payables Historical Data

* Premium members only.

The historical data trend for Novagant's Other Current Payables 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.

Novagant Other Current Payables Chart

Novagant Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Mar21 Mar22 Mar23
Other Current Payables
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.04 0.24 0.26

Novagant Quarterly Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Current Payables 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 0.15 0.26 0.16 0.17 0.17

Novagant Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

Frequently Asked Questions Learn more about Other Current Payables →
What does a Other Current Payables of $0.17 Mil mean?
Novagant (NVGT) has a Other Current Payables of $0.17 Mil as of Dec. 2023. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Novagant and its competitors.
Is Novagant's Other Current Payables too high?
Novagant's current Other Current Payables is $0.17 Mil.
How does Novagant's Other Current Payables compare to UPS and FDX?
Novagant's Other Current Payables of $0.17 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Payables for a Transportation company?
A good Other Current Payables depends on the Transportation industry context. However, Other Current Payables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Payables mean?
A high Other Current Payables can signal that a stock is expensive relative to its fundamentals. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Novagant and its competitors. Novagant's current Other Current Payables is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novagant stock overvalued right now?
Novagant (NVGT) has a current Other Current Payables of $0.17 Mil. The current Other Current Payables is $0.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Payables calculated?
Other Current Payables is calculated from a company's financial statements. For Novagant (NVGT), the current Other Current Payables is $0.17 Mil as of Dec. 2023. 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.

Novagant Business Description

Address Landmark East, 100 How Ming Street, Suite 2006, AIA Kowloon Tower, KT, Hong Kong, HKG, 19801
Novagant Corp through its subsidiary is a logistics service provider in Hong Kong. The company particularly specialized in Fast Moving Consumer Goods (FMCG) and Health Care Products. It generates revenue from the Air/ocean freight services income.