RiceBran Technologies (RiceBran Technologies) Days Payable

: 24.24 (As of Dec. 2023)

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RiceBran Technologies's average Accounts Payable for the three months ended in Dec. 2023 was $1.48 Mil. RiceBran Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.58 Mil. Hence, RiceBran Technologies's Days Payable for the three months ended in Dec. 2023 was 24.24.

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

RIBT' s Days Payable Range Over the Past 10 Years
Min: 10.59 Med: 25.12 Max: 59.78
Current: 20.51

During the past 13 years, RiceBran Technologies's highest Days Payable was 59.78. The lowest was 10.59. And the median was 25.12.

RIBT's Days Payable is ranked worse than
85.69% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.7 vs RIBT: 20.51

RiceBran Technologies's Days Payable increased from Dec. 2022 (16.95) to Dec. 2023 (24.24). It may suggest that RiceBran Technologies delayed paying its suppliers.

RiceBran Technologies Days Payable Historical Data

The historical data trend for RiceBran Technologies'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.

RiceBran Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.94

11.38

10.59

13.70

22.01

RiceBran Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															16.95	14.81	24.18	24.41	24.24

Competitive Comparison

For the Packaged Foods subindustry, RiceBran Technologies'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.

RiceBran Technologies Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, RiceBran Technologies's Days Payable distribution charts can be found below:

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

RiceBran Technologies 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.

RiceBran Technologies'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
=	( (1.232	+	1.549)	/	2 )	/	23.06	*	365
=	1.3905					/	23.06	*	365
=	22.01

RiceBran Technologies'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.414	+	1.549)	/	2 )	/	5.576	*	365 / 4
=	1.4815					/	5.576	*	365 / 4
=	24.24

RiceBran Technologies Days Payable Related Terms

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RiceBran Technologies (RiceBran Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RiceBran Technologies (OTCPK:RIBT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375

Website

https://www.ricebrantech.com

RiceBran Technologies is a specialty ingredient company focused on the development, production, and marketing of products derived from traditional and ancient small grains. The company has proprietary and patented intellectual property that allows to convert rice bran, into a number of highly nutritious food, animal nutrition, and specialty ingredient products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers and retailers, both domestically and internationally.

Executives

Eric Tompkins	director, officer: Executive Chairman	25420 KUYKENDAHL ROAD, SUITE B300, TOMBALL TX 77375
William J Keneally	officer: Interim CFO	28601 CHAGRIN BLVD., CLEVELAND OH 44122
Continental Grain Co	10 percent owner	767 FIFTH AVENUE, NEW YORK NY 10153
Jean Heggie	director	25 ALGONQUIN WOOD PLACE, SAINT LOUIS MO 63122
William Black	director	3828 BOUQUET RD, WILDWOOD MO 63069
David I. Chemerow	director	PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Todd T Mitchell	officer: Executive Vice President	299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
Brent David Rosenthal	director	C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Ari David Gendason	director	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Peter Bradley	director	777 E. WISCONSIN AVE., MILWAUKEE WI 53202
David Goldman	director	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Beth L Bronner	director	2928 RAMCO STREET, SUITE 120, C/O RICEBRAN TECHNOLOGIES, WEST SACRAMENTO CA 95691
Brent Robert Rystrom	officer: CFO and EVP	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Baruch Halpern	director	C/O ION NETWORKS INC, 120 CORPORATE BLVD, S PLAINFIELD NJ 07080
Henk Hoogenkamp	director	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380