BLGO (BioLargo) Days Payable : 72.80 (As of Sep. 2024)

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What is BioLargo Days Payable?

BioLargo's average Accounts Payable for the three months ended in Sep. 2024 was $2.10 Mil. BioLargo's Cost of Goods Sold for the three months ended in Sep. 2024 was $2.63 Mil. Hence, BioLargo's Days Payable for the three months ended in Sep. 2024 was 72.80.

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

BLGO' s Days Payable Range Over the Past 10 Years
Min: 59.88 Med: 145.78 Max: 1492.59
Current: 59.88

During the past 13 years, BioLargo's highest Days Payable was 1492.59. The lowest was 59.88. And the median was 145.78.

BLGO's Days Payable is ranked worse than
50.5% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs BLGO: 59.88

BioLargo's Days Payable increased from Sep. 2023 (55.66) to Sep. 2024 (72.80). It may suggest that BioLargo delayed paying its suppliers.

BioLargo Days Payable Historical Data

The historical data trend for BioLargo'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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BioLargo Days Payable Chart

BioLargo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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136.15

169.77

155.41

84.53

67.58

BioLargo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															55.66	43.49	62.19	64.20	72.80

Competitive Comparison of BioLargo's Days Payable

For the Chemicals subindustry, BioLargo'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.

BioLargo's Days Payable Distribution in the Chemicals Industry

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

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

BioLargo 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.

BioLargo's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.903	+	1.347)	/	2 )	/	6.076	*	365
=	1.125					/	6.076	*	365
=	67.58

BioLargo's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.968	+	2.227)	/	2 )	/	2.629	*	365 / 4
=	2.0975					/	2.629	*	365 / 4
=	72.80

BioLargo Days Payable Related Terms

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BioLargo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » BioLargo Inc (OTCPK:BLGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14921 Chestnut Street, Westminster, CA, USA, 92683

Website

https://www.biolargo.com

BioLargo Inc invents, develops, and commercializes platform technologies to solve challenging environmental problems like PFAS contamination, water, and wastewater treatment, industrial odor, and VOC control, air quality control, and infection control. The company has five segments: ONM Environmental; Clyra Medical; BLEST; BioLargo Canada and BioLargo corporate. ONM Environmental which sells odor and volatile organic control products and services, located in Westminster, California derives the maximum revenue.

Executives

Linda Park	director	14921 CHESTNUT STREET, WESTMINSTER CA 92683
Christina Elaine Bray	director	PO BOX 234, FREDERICK CO 80530
Jack B. Strommen	director	7108 31ST AVENUE N., MINNEAPOLIS MN 55427
Roberts Kent Charles Ii	director	1146 OXFORD ROAD, SAN MARINO CA 91108
John S. Runyan	director	30001 HILLSIDE TERRACE, SAN JUAN CAPISTRANO CA 92675
Dennis E Marshall	director	3500 W. GARRY AVENUE, SANTA ANA CA 92705
Dennis P Calvert	director, 10 percent owner, officer: Chief Executive Officer	3500 GARRY AVE, SANTA ANA CA 92704
New Millennium Capital Partners, Llc	10 percent owner	16333 PHOEBE AVENUE, LA MIRADA CA 90638
Charles K Dargan	officer: Chief Financial Officer	8055 W. MANCHESTER AVE., SUITE 405, PLAYA DEL REY CA 90293
Joseph L Provenzano	director, officer: Corporate Secretary	3500 W. GARRY AVENUE, SANTA ANA CA 92704
Iowc Technologies, Inc.	10 percent owner	2603 MAIN STREET, SUITE 1155, IRVINE CA 92614
Kenneth Reay Code	10 percent owner	16150 HERON AVENUE, LA MIRADA CA 90638
Gary Adrian Cox	director	3500 W. GARRY AVENUE, SANTA ANA CA 92705
Steven V Harrison	director
Eduardo Ruiz	director, 10 percent owner