Holdco Nuvo Group DG (Holdco Nuvo Group DG) Days Payable : 1,846.98 (As of Dec. 2023)

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What is Holdco Nuvo Group DG Days Payable?

Holdco Nuvo Group DG's average Accounts Payable for the six months ended in Dec. 2023 was $0.97 Mil. Holdco Nuvo Group DG's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.19 Mil. Hence, Holdco Nuvo Group DG's Days Payable for the six months ended in Dec. 2023 was 923.49.

The historical rank and industry rank for Holdco Nuvo Group DG's Days Payable or its related term are showing as below:

NUVO' s Days Payable Range Over the Past 10 Years
Min: 1846.98 Med: 1846.98 Max: 1846.98
Current: 1846.98

During the past 3 years, Holdco Nuvo Group DG's highest Days Payable was 1846.98. The lowest was 1846.98. And the median was 1846.98.

NUVO's Days Payable is ranked better than
96.3% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 72.67 vs NUVO: 1846.98

Holdco Nuvo Group DG's Days Payable increased from Dec. 2021 (0.00) to Dec. 2023 (1,846.98). It may suggest that Holdco Nuvo Group DG delayed paying its suppliers.

Holdco Nuvo Group DG Days Payable Historical Data

The historical data trend for Holdco Nuvo Group DG'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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Holdco Nuvo Group DG Days Payable Chart

Holdco Nuvo Group DG Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1,846.98

Holdco Nuvo Group DG Semi-Annual Data
	Dec21	Dec22	Dec23
Days Payable	-	-	1,846.98

Competitive Comparison of Holdco Nuvo Group DG's Days Payable

For the Medical Devices subindustry, Holdco Nuvo Group DG'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.

Holdco Nuvo Group DG's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Holdco Nuvo Group DG's Days Payable distribution charts can be found below:

* The bar in red indicates where Holdco Nuvo Group DG's Days Payable falls into.

Holdco Nuvo Group DG 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.

Holdco Nuvo Group DG'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
=	( (0.981	+	0.952)	/	2 )	/	0.191	*	365
=	0.9665					/	0.191	*	365
=	1,846.98

Holdco Nuvo Group DG'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.981	+	0.952)	/	2 )	/	0.191	*	365 / 2
=	0.9665					/	0.191	*	365 / 2
=	923.49

Holdco Nuvo Group DG Days Payable Related Terms

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Holdco Nuvo Group DG (Holdco Nuvo Group DG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Holdco Nuvo Group DG Ltd (NAS:NUVO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Yigal Alon Street, Alon Tower 1, Tel Aviv, ISR, 6789155

Website

https://www.nuvocares.com

Holdco Nuvo Group DG Ltd is a women's health and connected pregnancy care company and has developed INVU by Nuvo, an FDA-cleared, prescription-initiated, remote pregnancy monitoring platform that enables the delivery of remote non-stress tests and maternal and fetal heart rate monitoring, helping expectant mothers adhere to their prescribed care plan. It is leading the transformation from a world where pregnancy care is limited by outdated technology and barriers to accessing care to a world where data-driven, clinically relevant, actionable insights can be accessed both at home and in the clinic. INVU is composed of a hardware component (wearable), with digital signal processing and cloud analytics, and interfaces for every participant involved in pregnancy care.

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