Netcapital (Netcapital) Days Payable : 1,385.76 (As of Jan. 2024)

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What is Netcapital Days Payable?

Netcapital's average Accounts Payable for the three months ended in Jan. 2024 was $0.90 Mil. Netcapital's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.06 Mil. Hence, Netcapital's Days Payable for the three months ended in Jan. 2024 was 1,385.76.

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

NCPL' s Days Payable Range Over the Past 10 Years
Min: 1069.27 Med: 4325.02 Max: 8972.92
Current: 2322.62

During the past 6 years, Netcapital's highest Days Payable was 8972.92. The lowest was 1069.27. And the median was 4325.02.

NCPL's Days Payable is ranked better than
89.31% of 524 companies
in the Capital Markets industry
Industry Median: 96.58 vs NCPL: 2322.62

Netcapital's Days Payable declined from Jan. 2023 (14,109.53) to Jan. 2024 (1,385.76). It may suggest that Netcapital accelerated paying its suppliers.

Netcapital Days Payable Historical Data

The historical data trend for Netcapital'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.

Netcapital Days Payable Chart

Netcapital Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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4,148.37

8,972.92

1,069.27

8,406.61

3,368.74

Netcapital Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															14,109.53	2,705.76	3,335.69	3,535.94	1,385.76

Competitive Comparison of Netcapital's Days Payable

For the Capital Markets subindustry, Netcapital'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.

Netcapital's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Netcapital's Days Payable distribution charts can be found below:

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

Netcapital 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.

Netcapital's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0.915	+	0.654)	/	2 )	/	0.084999999999999	*	365
=	0.7845					/	0.084999999999999	*	365
=	3,368.74

Netcapital's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0.888	+	0.904)	/	2 )	/	0.059	*	365 / 4
=	0.896					/	0.059	*	365 / 4
=	1,385.76

Netcapital Days Payable Related Terms

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Netcapital (Netcapital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netcapital Inc (NAS:NCPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Lincoln Street, Boston, MA, USA, 02111

Website

https://www.netcapitalinc.com

Netcapital Inc is a financial technology company. The company facilitates the growth of private companies by providing fundraising services and other consulting services. The company's online private investment platform connects entrepreneurs and investors, enabling companies to raise capital digitally.

Executives

Arnold Scott	director	14 CORTLAND AVE, STRATHAM NH 03885
Martin Robert Kay	director	26 KINGSTON ROAD, NEWTON MA 02461
Carole Lisa Murko	officer: Chief Marketing Officer	PO BOX 628, STOCKBRIDGE MA 01262
Kraysler Coreen Sarah	officer: Chief Financial Officer	2 SUMMIT AVE, HULL MA 02045
Cecilia Lenk	officer: Chief Executive Officer	745 ATLANTIC AVENUE, SUITE 1024, BOSTON MA 20111
Kathryn Kraysler	officer: Chief Marketing Officer	745 ATLANTIC AVE, BOSTON MA 02111
Manuel Goncalves Teixeira	officer: CEO	668 CHRISTIAN ROAD, MIDDLEBURY CT 06762
Avi Liss	director	233 HARVARD STREET #308, BROOKLINE MA 02446
Steven F Geary	director	1 LINCOLN STREET, BOSTON MA 02111