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Novabase SGPS (XLIS:NBA) Days Payable : 46.60 (As of Dec. 2023)


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What is Novabase SGPS Days Payable?

Novabase SGPS's average Accounts Payable for the six months ended in Dec. 2023 was €4.5 Mil. Novabase SGPS's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.5 Mil. Hence, Novabase SGPS's Days Payable for the six months ended in Dec. 2023 was 46.60.

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

XLIS:NBA' s Days Payable Range Over the Past 10 Years
Min: 25.35   Med: 35.64   Max: 101.94
Current: 31.46

During the past 13 years, Novabase SGPS's highest Days Payable was 101.94. The lowest was 25.35. And the median was 35.64.

XLIS:NBA's Days Payable is ranked worse than
65.65% of 2536 companies
in the Software industry
Industry Median: 50.42 vs XLIS:NBA: 31.46

Novabase SGPS's Days Payable declined from Dec. 2022 (61.21) to Dec. 2023 (46.60). It may suggest that Novabase SGPS accelerated paying its suppliers.

Novabase SGPS Days Payable Historical Data

The historical data trend for Novabase SGPS'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.

Novabase SGPS Days Payable Chart

Novabase SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.87 36.82 25.35 37.33 34.45

Novabase SGPS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.42 21.02 61.21 23.37 46.60

Competitive Comparison of Novabase SGPS's Days Payable

For the Information Technology Services subindustry, Novabase SGPS'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.

Novabase SGPS's Days Payable Distribution in the Software Industry

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

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


Novabase SGPS 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.

Novabase SGPS'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
=( (7.015 + 4.628) / 2 ) / 61.682*365
=5.8215 / 61.682*365
=34.45

Novabase SGPS'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.304 + 4.628) / 2 ) / 17.489*365 / 2
=4.466 / 17.489*365 / 2
=46.60

* 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.

Novabase SGPS Days Payable Related Terms

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Novabase SGPS (XLIS:NBA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Novabase SGPS (XLIS:NBA) » Definitions » Days Payable
Comparable Companies
XLIS:GLINT XLIS:SNC ACN IBM NSE:TCS FI NSE:INFY NSE:HCLTECH FIS XPAR:CAP IT CTSH CDW TSE:6702 BOM:507685 TSX:GIB.A BR TSE:9613 SAU:7203 TSE:6701
Traded in Other Exchanges
NVQ:Germany
Address
Avenida D Joao II, 34, Parque das Nacoes, Lisbon, PRT, 1998-031
Website
https://www.novabase.pt
Novabase SGPS is engaged in holding and managing financial holding in other companies. The company operates in two business segments, namely, Next-Gen, which develops an IT consulting and services targeting mainly the financial services and Telecommunications industries. The Value Portfolio segment provides IT consulting and services to the government, transportation, energy industries, and IT staffing. It generates maximum revenue from the Next-Gen segment.