GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nocera Inc (NAS:NCRA) » Definitions » Days Payable

Nocera (Nocera) Days Payable : 6.99 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Nocera Days Payable?

Nocera's average Accounts Payable for the three months ended in Mar. 2024 was $0.37 Mil. Nocera's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.82 Mil. Hence, Nocera's Days Payable for the three months ended in Mar. 2024 was 6.99.

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

NCRA' s Days Payable Range Over the Past 10 Years
Min: 0.05   Med: 0.96   Max: 13.18
Current: 2.73

During the past 4 years, Nocera's highest Days Payable was 13.18. The lowest was 0.05. And the median was 0.96.

NCRA's Days Payable is ranked worse than
99.22% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs NCRA: 2.73

Nocera's Days Payable increased from Mar. 2023 (0.06) to Mar. 2024 (6.99). It may suggest that Nocera delayed paying its suppliers.


Nocera Days Payable Historical Data

The historical data trend for Nocera'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.

* Premium members only.

Nocera Days Payable Chart

Nocera Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
13.18 1.84 0.08 0.05

Nocera Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.06 0.03 - - 6.99

Competitive Comparison of Nocera's Days Payable

For the Packaged Foods subindustry, Nocera'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.


Nocera's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nocera's Days Payable distribution charts can be found below:

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



Nocera 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.

Nocera'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
=( (0.003 + 0) / 1 ) / 23.721*365
=0.003 / 23.721*365
=0.05

Nocera'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: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0.369) / 1 ) / 4.816*365 / 4
=0.369 / 4.816*365 / 4
=6.99

* 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.


Nocera Days Payable Related Terms

Thank you for viewing the detailed overview of Nocera's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Nocera (Nocera) Business Description

Traded in Other Exchanges
N/A
Address
3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221
Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.
Executives
Andy Ching-an Jin director, officer: Chief Executive Officer 3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng director, officer: CFO and Chairman 15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng officer: President and CEO 12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang 10 percent owner BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson director, officer: Corporate Secretary 2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339