Balkankar Zarya (XBUL:BZR) Days Payable : 94.56 (As of Sep. 2023)

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What is Balkankar Zarya Days Payable?

Balkankar Zarya's average Accounts Payable for the three months ended in Sep. 2023 was лв1.96 Mil. Balkankar Zarya's Cost of Goods Sold for the three months ended in Sep. 2023 was лв1.89 Mil. Hence, Balkankar Zarya's Days Payable for the three months ended in Sep. 2023 was 94.56.

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

XBUL:BZR' s Days Payable Range Over the Past 10 Years
Min: 74.12 Med: 142.34 Max: 223.08
Current: 74.12

During the past 4 years, Balkankar Zarya's highest Days Payable was 223.08. The lowest was 74.12. And the median was 142.34.

XBUL:BZR's Days Payable is not ranked
in the Vehicles & Parts industry.
Industry Median: 65.85 vs XBUL:BZR: 74.12

Balkankar Zarya's Days Payable declined from Sep. 2022 (165.47) to Sep. 2023 (94.56). It may suggest that Balkankar Zarya accelerated paying its suppliers.

Balkankar Zarya Days Payable Historical Data

The historical data trend for Balkankar Zarya'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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Balkankar Zarya Days Payable Chart

Balkankar Zarya Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

223.08

174.08

110.60

76.30

Balkankar Zarya Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial									165.47	48.71	89.80	90.83	94.56

Competitive Comparison of Balkankar Zarya's Days Payable

For the Auto Parts subindustry, Balkankar Zarya'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.

Balkankar Zarya's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkankar Zarya's Days Payable distribution charts can be found below:

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

Balkankar Zarya 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.

Balkankar Zarya'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
=	( (1.567	+	1.89)	/	2 )	/	8.269	*	365
=	1.7285					/	8.269	*	365
=	76.30

Balkankar Zarya's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.266	+	1.653)	/	2 )	/	1.891	*	365 / 4
=	1.9595					/	1.891	*	365 / 4
=	94.56

Balkankar Zarya Days Payable Related Terms

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Balkankar Zarya (XBUL:BZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkankar Zarya PLC (XBUL:BZR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tosho Kutev Street, Pavlikeni, BGR, 5200

Website

http://www.balkancarzarya.com

Balkankar Zarya PLC is engaged in the business of manufacturing and supplying steel wheels and rims in Bulgaria. The products are used in electric trucks, electric fork-lift trucks, pallet trucks, electric tractors, motor trucks, and other types of industrial vehicles.

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