Northann (Northann) Days Payable : 124.11 (As of Dec. 2023)

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What is Northann Days Payable?

Northann's average Accounts Payable for the three months ended in Dec. 2023 was $5.73 Mil. Northann's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.21 Mil. Hence, Northann's Days Payable for the three months ended in Dec. 2023 was 124.11.

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

NCL' s Days Payable Range Over the Past 10 Years
Min: 58.18 Med: 124.96 Max: 142.36
Current: 142.36

During the past 4 years, Northann's highest Days Payable was 142.36. The lowest was 58.18. And the median was 124.96.

NCL's Days Payable is ranked better than
85.78% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs NCL: 142.36

Northann's Days Payable declined from Dec. 2022 (1,298.30) to Dec. 2023 (124.11). It may suggest that Northann accelerated paying its suppliers.

Northann Days Payable Historical Data

The historical data trend for Northann'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.

Northann Days Payable Chart

Northann Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

117.38

58.18

133.45

132.53

Northann Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						1,298.30	270.98	109.07	153.55	124.11

Competitive Comparison of Northann's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Northann'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.

Northann's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Northann's Days Payable distribution charts can be found below:

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

Northann 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.

Northann'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
=	( (4.727	+	4.538)	/	2 )	/	12.758	*	365
=	4.6325					/	12.758	*	365
=	132.53

Northann'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6.914	+	4.538)	/	2 )	/	4.21	*	365 / 4
=	5.726					/	4.21	*	365 / 4
=	124.11

Northann Days Payable Related Terms

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

Northann (Northann) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Northann Corp (AMEX:NCL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Northann Distribution Center Inc, 9820 Dino Drive, Suite 110, Elk Grove, CA, USA, 95624

Website

https://www.northann.com

Northann Corp is an American technology innovator and producer of natural and sustainable material-based products for interior finishes. It is a leading provider of 3D printing technology in the home improvement industry. the company use its cutting-edge technology to produce high-quality floorings, wall panels, and decorative panels.

Executives

Scott Brady Powell	director	700 1ST STREET, #17J, HOBOKEN NJ 07030
Schaefer Charles James Iv	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Kurt W. Winn	director, officer: Chief Operating Officer	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624
Bradley Charles Lalonde	director	C/O NORTHANN DISTRIBUTION CENTER INC., 9820 DINO DRIVE, SUITE 110, ELK GROVE CA 95624

Northann (Northann) Headlines

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