BASA (Basanite) Days Payable: 1,409.81 (As of Sep. 2025) — 45% Below Median


What is Basanite Days Payable?

Basanite BASA -9.24% Days Payable is 1,409.81 as of Sep. 2025, which is 45% below its 10-year median of 2,557.21. The stock has 5 warning signs investors should review. Among 396 Building Materials companies, Basanite ranks better than 98.99% on this metric.

Basanite's average Accounts Payable for the three months ended in Sep. 2025 was $1.70 Mil. Basanite's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.11 Mil. Hence, Basanite's Days Payable for the three months ended in Sep. 2025 was 1,409.81.

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

BASA' s Days Payable Range Over the Past 10 Years
Min: 132.01   Med: 2557.21   Max: 35587.5
Current: 2424.4

During the past 13 years, Basanite's highest Days Payable was 35587.50. The lowest was 132.01. And the median was 2557.21.

BASA's Days Payable is ranked better than
98.99% of 396 companies
in the Building Materials industry
Industry Median: 69.22 vs BASA: 2424.40

Basanite's Days Payable declined from Sep. 2024 (5,026.11) to Sep. 2025 (1,409.81). It may suggest that Basanite accelerated paying its suppliers.


Basanite Days Payable Historical Data

* Premium members only.

The historical data trend for Basanite'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.

Basanite Days Payable Chart

Basanite Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,306.88 132.01 260.24 2,557.21 3,708.36

Basanite Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,026.11 1,431.43 10,581.96 6,571.90 1,409.81

BASA vs CAPS, RETO, CRH: Days Payable Comparison

For the Building Materials subindustry, Basanite'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.


Basanite Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Basanite's Days Payable distribution charts can be found below:

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



Basanite 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.

Basanite's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.762 + 1.733) / 2 ) / 0.172*365
=1.7475 / 0.172*365
=3,708.36

Basanite's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1.711 + 1.688) / 2 ) / 0.11*365 / 4
=1.6995 / 0.11*365 / 4
=1,409.81

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1,409.81 mean?
Basanite (BASA) has a Days Payable of 1,409.81 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Basanite and its competitors. This is 45% below median its historical median of 2,557.21. Over the past decade, Basanite's Days Payable has ranged from 132.01 to 35,587.50. According to the industry distribution chart, Basanite ranks #4 out of 396 companies in the Building Materials industry, placing it in the top 1%.
Is Basanite's Days Payable too high?
Basanite's current Days Payable of 1,409.81 is 45% below median its 10-year median of 2,557.21. Over the past 10 years, this metric has ranged from a low of 132.01 to a high of 35,587.50. The Building Materials industry median Days Payable is 69.22. Basanite's value of 1,409.81 is 1936.7% above this industry median. Based on the distribution chart, Basanite ranks #4 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers.
How does Basanite's Days Payable compare to CAPS and RETO?
According to the Building Materials industry distribution chart, Basanite ranks #4 out of 396 companies for Days Payable. This places Basanite in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.22. Basanite's value of 1,409.81 is 1936.7% above this benchmark. Historically, Basanite's own Days Payable has ranged from 132.01 to 35,587.50 over the past decade. While the company's 10-year median is 2,557.21 vs. the industry median of 69.22, Basanite has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Building Materials company?
The median Days Payable among Building Materials companies is 69.22, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Basanite's current Days Payable of 1,409.81 is 1936.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Basanite and its competitors. For the Building Materials industry, the median Days Payable is 69.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Basanite's current Days Payable is 1,409.81, which is 45% below median its own 10-year median of 2,557.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basanite stock overvalued right now?
Based on GuruFocus' analysis, Basanite (BASA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 42.5% above its estimated fair value. The current Days Payable is 1,409.81, which is 45% below median its 10-year median of 2,557.21 and 1936.7% above the Building Materials industry median of 69.22. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Basanite (BASA), the current Days Payable is 1,409.81 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Basanite Business Description

Address 2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069
Basanite Inc is engaged in manufacturing a range of green (environmentally friendly), sustainable, non-corrosive, lightweight, composite products used in concrete reinforcement by the construction industry. It produces basalt fiber-reinforced polymer reinforcing bar (known as rebar) which is a stronger, lighter, sustainable, non-conductive, and corrosion-proof alternative to traditional steel. The company's product includes BasaFlex; BasaMix and BasaMesh.