Biolife Sciences (Biolife Sciences) Days Payable : 34.20 (As of May. 2008)

View and export this data going back to 2005. Start your Free Trial

What is Biolife Sciences Days Payable?

Biolife Sciences's average Accounts Payable for the three months ended in May. 2008 was $0.54 Mil. Biolife Sciences's Cost of Goods Sold for the three months ended in May. 2008 was $1.44 Mil. Hence, Biolife Sciences's Days Payable for the three months ended in May. 2008 was 34.20.

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

BLFE's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 72.505
* Ranked among companies with meaningful Days Payable only.

Biolife Sciences's Days Payable increased from May. 2007 (21.26) to May. 2008 (34.20). It may suggest that Biolife Sciences delayed paying its suppliers.

Biolife Sciences Days Payable Historical Data

The historical data trend for Biolife Sciences'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.

Biolife Sciences Days Payable Chart

Biolife Sciences Annual Data

Trend

Nov04

Nov05

Nov06

Nov07

Days Payable

18.67

27.62

Biolife Sciences Quarterly Data
	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08
Days Payable	Get a 7-Day Free Trial										21.26	23.37	28.23	45.79	34.20

Competitive Comparison of Biolife Sciences's Days Payable

For the Medical Instruments & Supplies subindustry, Biolife Sciences'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.

Biolife Sciences's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Biolife Sciences's Days Payable distribution charts can be found below:

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

Biolife Sciences 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.

Biolife Sciences's Days Payable for the fiscal year that ended in Nov. 2007 is calculated as

	Days Payable (A: Nov. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2006 )	+	Accounts Payable (A: Nov. 2007 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2007 )	*	Days in Period
=	( (0.345	+	0.72)	/	2 )	/	7.037	*	365
=	0.5325					/	7.037	*	365
=	27.62

Biolife Sciences's Days Payable for the quarter that ended in May. 2008 is calculated as:

	Days Payable (Q: May. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2008 )	+	Accounts Payable (Q: May. 2008 ))	/	count )	/	Cost of Goods Sold (Q: May. 2008 )	*	Days in Period
=	( (0.647	+	0.434)	/	2 )	/	1.442	*	365 / 4
=	0.5405					/	1.442	*	365 / 4
=	34.20

Biolife Sciences Days Payable Related Terms

Thank you for viewing the detailed overview of Biolife Sciences's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Biolife Sciences (Biolife Sciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Biolife Sciences Inc (OTCPK:BLFE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2831 Street Rose Parkway, No. 200, Henderson, NV, USA, 89052

Website

https://www.biolifesciences.com

Biolife Sciences Inc is a commercialization accelerator, licensor and developer of innovative and disruptive technologies for the healthcare, beauty and food and beverage industry sectors. The company's technologies include antimicrobial copper air filters and copper-infused textiles. Its revenues are primarily generated from the sale of sanitation products.

Executives

Arthur Viola

director, 10 percent owner, officer: CEO

Biolife Sciences (Biolife Sciences) Headlines

From GuruFocus

Rhino Novi Announces Name Change and New CEO

By Marketwired Marketwired • 09-15-2020