Berkshire Grey (Berkshire Grey) Days Payable : 70.88 (As of Mar. 2023)

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What is Berkshire Grey Days Payable?

Berkshire Grey's average Accounts Payable for the three months ended in Mar. 2023 was $6.45 Mil. Berkshire Grey's Cost of Goods Sold for the three months ended in Mar. 2023 was $8.31 Mil. Hence, Berkshire Grey's Days Payable for the three months ended in Mar. 2023 was 70.88.

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

BGRYW' s Days Payable Range Over the Past 10 Years
Min: 16.65 Med: 28.51 Max: 45.34
Current: 36.83

During the past 4 years, Berkshire Grey's highest Days Payable was 45.34. The lowest was 16.65. And the median was 28.51.

BGRYW's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.585 vs BGRYW: 36.83

Berkshire Grey's Days Payable declined from Mar. 2022 (95.05) to Mar. 2023 (70.88). It may suggest that Berkshire Grey accelerated paying its suppliers.

Berkshire Grey Days Payable Historical Data

The historical data trend for Berkshire Grey'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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Berkshire Grey Days Payable Chart

Berkshire Grey Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

45.34

16.65

26.08

30.94

Berkshire Grey Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial								95.05	25.94	30.54	48.61	70.88

Competitive Comparison of Berkshire Grey's Days Payable

For the Specialty Industrial Machinery subindustry, Berkshire Grey'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.

Berkshire Grey's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Berkshire Grey's Days Payable distribution charts can be found below:

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

Berkshire Grey 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.

Berkshire Grey'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
=	( (6.766	+	5.29)	/	2 )	/	71.118	*	365
=	6.028					/	71.118	*	365
=	30.94

Berkshire Grey's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (5.29	+	7.614)	/	2 )	/	8.306	*	365 / 4
=	6.452					/	8.306	*	365 / 4
=	70.88

Berkshire Grey Days Payable Related Terms

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Berkshire Grey (Berkshire Grey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Berkshire Grey Inc (NAS:BGRYW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 South Road, Bedford, MA, USA, 01730

Website

https://www.berkshiregrey.com

Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Its solutions are a fundamental engine of change that transforms pick, pack, move, store, organize and sort operations to deliver a competitive advantage for enterprises. Majority of the revenue is derived from North America.