Neurones (XPAR:NRO) Days Payable : 58.87 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Neurones Days Payable?

Neurones's average Accounts Payable for the six months ended in Dec. 2023 was €45.3 Mil. Neurones's Cost of Goods Sold for the six months ended in Dec. 2023 was €140.4 Mil. Hence, Neurones's Days Payable for the six months ended in Dec. 2023 was 58.87.

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

XPAR:NRO' s Days Payable Range Over the Past 10 Years
Min: 27.69 Med: 54.31 Max: 57.57
Current: 57.27

During the past 13 years, Neurones's highest Days Payable was 57.57. The lowest was 27.69. And the median was 54.31.

XPAR:NRO's Days Payable is ranked better than
53.28% of 2534 companies
in the Software industry
Industry Median: 50.345 vs XPAR:NRO: 57.27

Neurones's Days Payable increased from Dec. 2022 (57.97) to Dec. 2023 (58.87). It may suggest that Neurones delayed paying its suppliers.

Neurones Days Payable Historical Data

The historical data trend for Neurones'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.

Neurones Days Payable Chart

Neurones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.28

54.82

55.55

57.57

55.95

Neurones 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															55.08	55.77	57.97	57.00	58.87

Competitive Comparison of Neurones's Days Payable

For the Information Technology Services subindustry, Neurones'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.

Neurones's Days Payable Distribution in the Software Industry

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

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

Neurones 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.

Neurones'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
=	( (42.927	+	44.041)	/	2 )	/	283.665	*	365
=	43.484					/	283.665	*	365
=	55.95

Neurones'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
=	( (46.553	+	44.041)	/	2 )	/	140.423	*	365 / 2
=	45.297					/	140.423	*	365 / 2
=	58.87

Neurones Days Payable Related Terms

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

Neurones (XPAR:NRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neurones (XPAR:NRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NE9:Germany

Address

Immeuble Le Clemenceau 1 - 205, Avenue Georges Clemenceau, Nanterre Cedex, Paris, FRA, 92024

Website

https://www.neurones.net

Neurones SA is a France-based technology sector company. Its core business involves the provision of Information Technology (IT) services catering to the needs of hardware, software, and consulting. Its operations are thereby divided into three segments: Infrastructure Services, Application Services, and Consulting. The Infrastructure segment is the strongest revenue driver through the provision of such services as IT operations, IT service management, systems and network, server, application, and workstation outsourcing. Its second most profitable business is carried out through the Application segment, which entails SAP, Web and decision support, social media, data analysis.