Nogin (NOGNQ) Days Payable : 180.12 (As of Sep. 2023)

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What is Nogin Days Payable?

Nogin's average Accounts Payable for the three months ended in Sep. 2023 was $14.67 Mil. Nogin's Cost of Goods Sold for the three months ended in Sep. 2023 was $7.43 Mil. Hence, Nogin's Days Payable for the three months ended in Sep. 2023 was 180.12.

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

NOGNQ' s Days Payable Range Over the Past 10 Years
Min: 91.71 Med: 117.49 Max: 168.03
Current: 168.03

During the past 4 years, Nogin's highest Days Payable was 168.03. The lowest was 91.71. And the median was 117.49.

NOGNQ's Days Payable is ranked better than
80.13% of 2532 companies
in the Software industry
Industry Median: 50.275 vs NOGNQ: 168.03

Nogin's Days Payable increased from Sep. 2022 (110.06) to Sep. 2023 (180.12). It may suggest that Nogin delayed paying its suppliers.

Nogin Days Payable Historical Data

The historical data trend for Nogin'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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Nogin Days Payable Chart

Nogin Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

128.14

91.71

117.49

Nogin Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial							110.06	115.01	183.34	281.56	180.12

Competitive Comparison of Nogin's Days Payable

For the Software - Application subindustry, Nogin'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.

Nogin's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nogin's Days Payable distribution charts can be found below:

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

Nogin 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.

Nogin's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (16.098	+	19.605)	/	2 )	/	55.46	*	365
=	17.8515					/	55.46	*	365
=	117.49

Nogin's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (13.936	+	15.396)	/	2 )	/	7.43	*	365 / 4
=	14.666					/	7.43	*	365 / 4
=	180.12

Nogin Days Payable Related Terms

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Nogin (NOGNQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nogin Inc (OTCPK:NOGNQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1775 Flight Way, Suite 400, Tustin, CA, USA, 92782

Website

https://www.nogin.com

Nogin Inc is a software company that delivers commerce as a service to brands in the fashion, CPG, beauty, health, and wellness industries. The company's Intelligent Commerce platform provides a full suite of capabilities including storefront, order management, catalog maintenance, fulfillment, returns management, customer data analytics, and marketing optimization tailored for online brands and all consolidated within a single software solution. its clients utilize Nogin's technology to help accelerate the growth of their gross merchandise value, improve their customer engagement, and reduce costs. The company derives its revenue from CaaS service revenue, product revenue, shipping revenue, Marketing, and other revenue.

Executives

Arthur Stark	director
Stephen Choi	10 percent owner	C/O NOGIN, INC., 1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Shahriyar Rahmati	officer: Chief Financial Officer	1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Jonathan Huberman	director, officer: Co-CEO & President	C/O IOMEGA CORPORATION, 10955 VISTA SORRENTO PARKWAY, SAN DIEGO CA 92130
Haeren Geoffrey Van	director, officer: Chief Technology Officer	1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Wilhelmina Fader	director	1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Hussain Baig	director	1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Andrew Pancer	director	C/O NOGIN, INC., 1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Jan-christopher Nugent	director, officer: Co-Chief Executive Officer	1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Deborah Weinswig	director	C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018
Eileen Moore	director	1775 FLIGHT WAY, SUITE 400, TUSTIN CA 92782
Andrew K Nikou	director	9261 WARBLER WAY, LOS ANGELES CA 90069
Michael Nikzad	director	9261 WARBLER WAY, LOS ANGELES CA 90069
Software Acquisition Holdings Iii Llc	10 percent owner	1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025