Nexus Infrastructure (LSE:NEXS) Days Payable : 108.19 (As of Mar. 2024)

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What is Nexus Infrastructure Days Payable?

Nexus Infrastructure's average Accounts Payable for the six months ended in Mar. 2024 was £13.24 Mil. Nexus Infrastructure's Cost of Goods Sold for the six months ended in Mar. 2024 was £22.34 Mil. Hence, Nexus Infrastructure's Days Payable for the six months ended in Mar. 2024 was 108.19.

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

LSE:NEXS' s Days Payable Range Over the Past 10 Years
Min: 73.39 Med: 94.45 Max: 148.77
Current: 97.38

During the past 10 years, Nexus Infrastructure's highest Days Payable was 148.77. The lowest was 73.39. And the median was 94.45.

LSE:NEXS's Days Payable is ranked better than
62.06% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs LSE:NEXS: 97.38

Nexus Infrastructure's Days Payable increased from Mar. 2023 (82.56) to Mar. 2024 (108.19). It may suggest that Nexus Infrastructure delayed paying its suppliers.

Nexus Infrastructure Days Payable Historical Data

The historical data trend for Nexus Infrastructure'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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Nexus Infrastructure Days Payable Chart

Nexus Infrastructure Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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94.61

107.06

148.77

101.20

73.39

Nexus Infrastructure Semi-Annual Data
	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial														139.82	104.30	82.56	85.40	108.19

Competitive Comparison of Nexus Infrastructure's Days Payable

For the Engineering & Construction subindustry, Nexus Infrastructure'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.

Nexus Infrastructure's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nexus Infrastructure's Days Payable distribution charts can be found below:

* The bar in red indicates where Nexus Infrastructure's Days Payable falls into.

Nexus Infrastructure 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.

Nexus Infrastructure's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (19.583	+	13.683)	/	2 )	/	82.719	*	365
=	16.633					/	82.719	*	365
=	73.39

Nexus Infrastructure'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: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (13.683	+	12.804)	/	2 )	/	22.339	*	365 / 2
=	13.2435					/	22.339	*	365 / 2
=	108.19

Nexus Infrastructure Days Payable Related Terms

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Nexus Infrastructure (LSE:NEXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nexus Infrastructure PLC (LSE:NEXS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nexus Park, Avenue East, Skyline 120, Great Notley, Braintree, Essex, GBR, CM77 7AL

Website

https://www.nexus-infrastructure.com

Nexus Infrastructure PLC engages in the provision of infrastructure services in the house-building and commercial sectors in the United Kingdom. The Group business includes Tamdown, a Civil Engineering business, that provides a range of civil engineering and infrastructure services to the UK housebuilding sector. These services include earthworks, building highways, substructures, and basements, and installing sustainable drainage systems. It operates in the South East of England and London.