Niks Professional (SGX:NPL) Days Payable : 37.51 (As of Mar. 2023)

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What is Niks Professional Days Payable?

Niks Professional's average Accounts Payable for the three months ended in Mar. 2023 was S$0.14 Mil. Niks Professional's Cost of Goods Sold for the three months ended in Mar. 2023 was S$0.34 Mil. Hence, Niks Professional's Days Payable for the three months ended in Mar. 2023 was 37.51.

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

SGX:NPL' s Days Payable Range Over the Past 10 Years
Min: 28.55 Med: 32.65 Max: 151.82
Current: 151.82

During the past 4 years, Niks Professional's highest Days Payable was 151.82. The lowest was 28.55. And the median was 32.65.

SGX:NPL's Days Payable is ranked better than
77.59% of 589 companies
in the Healthcare Providers & Services industry
Industry Median: 62.09 vs SGX:NPL: 151.82

Niks Professional's Days Payable increased from Dec. 2020 (0.00) to Mar. 2023 (37.51). It may suggest that Niks Professional delayed paying its suppliers.

Niks Professional Days Payable Historical Data

The historical data trend for Niks Professional'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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Niks Professional Days Payable Chart

Niks Professional Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

38.65

28.55

30.00

35.30

Niks Professional Quarterly Data
	Dec20	Dec21	Mar22	Dec22	Mar23	Dec23
Days Payable	Get a 7-Day Free Trial			-	31.79	-	37.51	-

Competitive Comparison of Niks Professional's Days Payable

For the Medical Care Facilities subindustry, Niks Professional'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.

Niks Professional's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Niks Professional's Days Payable distribution charts can be found below:

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

Niks Professional 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.

Niks Professional'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
=	( (0.167	+	0.146)	/	2 )	/	1.618	*	365
=	0.1565					/	1.618	*	365
=	35.30

Niks Professional's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0.167	+	0.115)	/	2 )	/	0.343	*	365 / 4
=	0.141					/	0.343	*	365 / 4
=	37.51

Niks Professional Days Payable Related Terms

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Niks Professional (SGX:NPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Niks Professional Ltd (SGX:NPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Kallang Place, No. 03-27, Singapore, SGP, 339156

Website

https://www.nikspro.com

Niks Professional Ltd is an integrated medical skin care provider, incorporating family dermatology and aesthetic medical services, skin care products, facial treatment and medical camouflage service under one roof and a single NIKS brand. It owns and operates three medical clinics in Singapore focusing on family dermatology and aesthetic medicine. its clinical services are complemented by a portfolio of some 200 quality medical skin care products. its products are conceptualized and developed in Singapore and made in the finest factories in the United States and Europe.

Niks Professional (SGX:NPL) Headlines

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