Nvni Group (Nvni Group) Days Payable : 42.01 (As of Dec. 2022)

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What is Nvni Group Days Payable?

Nvni Group's average Accounts Payable for the six months ended in Dec. 2022 was $1.16 Mil. Nvni Group's Cost of Goods Sold for the six months ended in Dec. 2022 was $10.07 Mil. Hence, Nvni Group's Days Payable for the six months ended in Dec. 2022 was 21.01.

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

NVNI' s Days Payable Range Over the Past 10 Years
Min: 31.11 Med: 36.56 Max: 42.01
Current: 42.01

During the past 3 years, Nvni Group's highest Days Payable was 42.01. The lowest was 31.11. And the median was 36.56.

NVNI's Days Payable is ranked worse than
55.5% of 2526 companies
in the Software industry
Industry Median: 50.42 vs NVNI: 42.01

Nvni Group's Days Payable increased from Dec. 2020 (0.00) to Dec. 2022 (42.01). It may suggest that Nvni Group delayed paying its suppliers.

Nvni Group Days Payable Historical Data

The historical data trend for Nvni Group'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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Nvni Group Days Payable Chart

Nvni Group Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

31.11

42.01

Nvni Group Semi-Annual Data
	Dec20	Dec21	Dec22
Days Payable	-	31.11	42.01

Competitive Comparison of Nvni Group's Days Payable

For the Software - Application subindustry, Nvni Group'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.

Nvni Group's Days Payable Distribution in the Software Industry

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

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

Nvni Group 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.

Nvni Group'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
=	( (0.93	+	1.388)	/	2 )	/	10.069	*	365
=	1.159					/	10.069	*	365
=	42.01

Nvni Group's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.93	+	1.388)	/	2 )	/	10.069	*	365 / 2
=	1.159					/	10.069	*	365 / 2
=	21.01

Nvni Group Days Payable Related Terms

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Nvni Group (Nvni Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nvni Group Ltd (NAS:NVNI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Jesuíno Arruda, No.769, Suite 20B, Itaim Bibi, Sao Paulo, SP, BRA, 04532-082

Website

https://www.nuvini.co

Nvni Group Ltd is a holding company that conducts all of its business through Nuvini SA and Nuvini acquired companies. Nuvini S.A. acquires and operates software companies within SaaS markets in Brazil. Nuvini S.A. is the leading private serial software business acquirer in Brazil and intends to use funding and capital markets access to continue expanding its acquisition strategy in Brazil and Latin America. The Company has determined that it has a single operating and reportable segment which is multi-vertical SaaS solution model.

Nvni Group (Nvni Group) Headlines

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