BGEM (Blue Gem Enterprise) Days Payable: 20.37 (As of Aug. 2010)


What is Blue Gem Enterprise Days Payable?

Blue Gem Enterprise BGEM -98.75% Days Payable is 20.37 as of Aug. 2010.

Blue Gem Enterprise's average Accounts Payable for the three months ended in Aug. 2010 was $0.16 Mil. Blue Gem Enterprise's Cost of Goods Sold for the three months ended in Aug. 2010 was $0.70 Mil. Hence, Blue Gem Enterprise's Days Payable for the three months ended in Aug. 2010 was 20.37.

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

BGEM's Days Payable is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 58.47
* Ranked among companies with meaningful Days Payable only.

Blue Gem Enterprise's Days Payable increased from Aug. 2009 (0.00) to Aug. 2010 (20.37). It may suggest that Blue Gem Enterprise delayed paying its suppliers.

Blue Gem Enterprise Days Payable Historical Data

* Premium members only.

The historical data trend for Blue Gem Enterprise'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.

Blue Gem Enterprise Days Payable Chart

Blue Gem Enterprise Annual Data
Trend May08 May09 May10
Days Payable
0.00 0.00 232.27

Blue Gem Enterprise Quarterly Data
Aug07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 58.07 20.37

BGEM vs BEVS, MOJO, LBIX: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, Blue Gem Enterprise'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.

Blue Gem Enterprise Days Payable vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Blue Gem Enterprise's Days Payable distribution charts can be found below:

* The bar in red indicates where Blue Gem Enterprise's Days Payable falls into.


Blue Gem Enterprise 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.

Blue Gem Enterprise's Days Payable for the fiscal year that ended in May. 2010 is calculated as

Days Payable (A: May. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2009 ) + Accounts Payable (A: May. 2010 )) / count ) / Cost of Goods Sold (A: May. 2010 )*Days in Period
=( (0 + 0.084) / 1 ) / 0.132*365
=0.084 / 0.132*365
=232.27

Blue Gem Enterprise's Days Payable for the quarter that ended in Aug. 2010 is calculated as:

Days Payable (Q: Aug. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2010 ) + Accounts Payable (Q: Aug. 2010 )) / count ) / Cost of Goods Sold (Q: Aug. 2010 )*Days in Period
=( (0.084 + 0.229) / 2 ) / 0.701*365 / 4
=0.1565 / 0.701*365 / 4
=20.37

* 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 20.37 mean?
Blue Gem Enterprise (BGEM) has a Days Payable of 20.37 as of Aug. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Blue Gem Enterprise and its competitors.
Is Blue Gem Enterprise's Days Payable too high?
Blue Gem Enterprise's current Days Payable is 20.37. The Beverages - Non-Alcoholic industry median Days Payable is 58.47. Blue Gem Enterprise's value of 20.37 is 65.2% below this industry median.
How does Blue Gem Enterprise's Days Payable compare to BEVS and MOJO?
Blue Gem Enterprise's Days Payable of 20.37 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Days Payable is 58.47. Blue Gem Enterprise's value of 20.37 is 65.2% below this benchmark. 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 Beverages - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 58.47, based on 114 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. Blue Gem Enterprise's current Days Payable of 20.37 is 65.2% below 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 Blue Gem Enterprise and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 58.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Gem Enterprise's current Days Payable is 20.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Gem Enterprise stock overvalued right now?
Blue Gem Enterprise (BGEM) has a current Days Payable of 20.37. The current Days Payable is 20.37 and 65.2% below the Beverages - Non-Alcoholic industry median of 58.47. 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 Blue Gem Enterprise (BGEM), the current Days Payable is 20.37 as of Aug. 2010. 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.

Blue Gem Enterprise Business Description

Address 12805 N. W. 42 Avenue, Opa-locka, FL, USA, 33054
Blue Gem Enterprise focuses on operating as a full-service direct store beverage distribution company. The company expects to manage and distribute select allied brands with beverage manufacturers. It is competing in all areas of the non-alcoholic beverage industry including; ice teas, juices, waters, shots, carbonated soft drinks, and more.