Premier Biomedical (Premier Biomedical) Days Payable : 2,906.96 (As of Dec. 2019)

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What is Premier Biomedical Days Payable?

Premier Biomedical's average Accounts Payable for the three months ended in Dec. 2019 was $0.22 Mil. Premier Biomedical's Cost of Goods Sold for the three months ended in Dec. 2019 was $0.01 Mil. Hence, Premier Biomedical's Days Payable for the three months ended in Dec. 2019 was 2,906.96.

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

BIEI's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 86.82
* Ranked among companies with meaningful Days Payable only.

Premier Biomedical's Days Payable increased from Dec. 2018 (308.09) to Dec. 2019 (2,906.96). It may suggest that Premier Biomedical delayed paying its suppliers.

Premier Biomedical Days Payable Historical Data

The historical data trend for Premier Biomedical'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.

Premier Biomedical Days Payable Chart

Premier Biomedical Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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4,639.71

1,085.39

7,187.69

Premier Biomedical Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Days Payable	Get a 7-Day Free Trial															308.09	13,413.75	12,660.94	21,945.63	2,906.96

Competitive Comparison of Premier Biomedical's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Premier Biomedical'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.

Premier Biomedical's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Premier Biomedical's Days Payable distribution charts can be found below:

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

Premier Biomedical 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.

Premier Biomedical's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (0.29	+	0.222)	/	2 )	/	0.013	*	365
=	0.256					/	0.013	*	365
=	7,187.69

Premier Biomedical's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (0.224	+	0.222)	/	2 )	/	0.007	*	365 / 4
=	0.223					/	0.007	*	365 / 4
=	2,906.96

Premier Biomedical Days Payable Related Terms

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Premier Biomedical (Premier Biomedical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Premier Biomedical Inc (OTCPK:BIEI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2409 Sycamore Drive, Knoxville, TN, USA, 37921

Website

https://www.premiergrapheneinc.com

Premier Biomedical Inc is engaged in a hemp-based initiative, developing graphene-enhanced formulations for a myriad of commercial and military applications.