Terragen Holdings (ASX:TGH) Days Payable : 921.46 (As of Dec. 2023)

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What is Terragen Holdings Days Payable?

Terragen Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$0.57 Mil. Terragen Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.11 Mil. Hence, Terragen Holdings's Days Payable for the six months ended in Dec. 2023 was 921.46.

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

ASX:TGH' s Days Payable Range Over the Past 10 Years
Min: 171.88 Med: 306.37 Max: 2911.7
Current: 2911.7

During the past 5 years, Terragen Holdings's highest Days Payable was 2911.70. The lowest was 171.88. And the median was 306.37.

ASX:TGH's Days Payable is ranked better than
98.3% of 235 companies
in the Agriculture industry
Industry Median: 79.04 vs ASX:TGH: 2911.70

Terragen Holdings's Days Payable declined from Dec. 2022 (1,221.91) to Dec. 2023 (921.46). It may suggest that Terragen Holdings accelerated paying its suppliers.

Terragen Holdings Days Payable Historical Data

The historical data trend for Terragen Holdings'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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Terragen Holdings Days Payable Chart

Terragen Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

387.61

171.88

225.13

1,387.00

Terragen Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				629.52	1,194.72	1,221.91	-	921.46

Competitive Comparison of Terragen Holdings's Days Payable

For the Agricultural Inputs subindustry, Terragen Holdings'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.

Terragen Holdings's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Terragen Holdings's Days Payable distribution charts can be found below:

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

Terragen Holdings 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.

Terragen Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.19	+	0.304)	/	2 )	/	0.065	*	365
=	0.247					/	0.065	*	365
=	1,387.00

Terragen Holdings'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
=	( (0.304	+	0.827)	/	2 )	/	0.112	*	365 / 2
=	0.5655					/	0.112	*	365 / 2
=	921.46

Terragen Holdings Days Payable Related Terms

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Terragen Holdings (ASX:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Terragen Holdings Ltd (ASX:TGH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Access Crescent, Unit 6, Coolum Beach, QLD, AUS, 4573

Website

https://www.terragen.com.au

Terragen Holdings Ltd is an Australia based developer of agricultural bio solutions whose core technology platform addresses soil health and productivity, animal health and nutrition without relying on chemical-based fertilizers, pesticides and antibiotics. Its products include Mylo and Great Land Plus. Geographically, it operates within Australia and Newzealand.