BMSPF (Biomass Secure Power) Days Payable: 0.00 (As of Jun. 2010)


What is Biomass Secure Power Days Payable?

Biomass Secure Power BMSPF Days Payable is 0.00 as of Jun. 2010.

Biomass Secure Power's average Accounts Payable for the six months ended in Jun. 2010 was $0.10 Mil. Biomass Secure Power's Cost of Goods Sold for the six months ended in Jun. 2010 was $0.00 Mil.

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

BMSPF's Days Payable is not ranked *
in the Forest Products industry.
Industry Median: 57.93
* Ranked among companies with meaningful Days Payable only.

Biomass Secure Power's Days Payable declined from Jun. 2005 (61.17) to Jun. 2010 (0.00). It may suggest that Biomass Secure Power accelerated paying its suppliers.

Biomass Secure Power Days Payable Historical Data

* Premium members only.

The historical data trend for Biomass Secure Power'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.

Biomass Secure Power Days Payable Chart

Biomass Secure Power Annual Data
Trend Jun04 Jun05 Jun09 Jun10
Days Payable
141.10 61.17 0.00 0.00

Biomass Secure Power Semi-Annual Data
Jun04 Jun05 Jun09 Jun10
Days Payable 141.10 61.17 0.00 0.00

Biomass Secure Power Days Payable Competitor Comparison

For the Lumber & Wood Production subindustry, Biomass Secure Power'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.

Biomass Secure Power Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Biomass Secure Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Biomass Secure Power's Days Payable falls into.


Biomass Secure Power 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.

Biomass Secure Power's Days Payable for the fiscal year that ended in Jun. 2010 is calculated as

Days Payable (A: Jun. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2009 ) + Accounts Payable (A: Jun. 2010 )) / count ) / Cost of Goods Sold (A: Jun. 2010 )*Days in Period
=( (0.086 + 0.111) / 2 ) / 0*365
=0.0985 / 0*365
=N/A

Biomass Secure Power's Days Payable for the quarter that ended in Jun. 2010 is calculated as:

Days Payable (Q: Jun. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2009 ) + Accounts Payable (Q: Jun. 2010 )) / count ) / Cost of Goods Sold (Q: Jun. 2010 )*Days in Period
=( (0.086 + 0.111) / 2 ) / 0*365 / 2
=0.0985 / 0*365 / 2
=N/A

* 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 0.00 mean?
Biomass Secure Power (BMSPF) has a Days Payable of 0.00 as of Jun. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Biomass Secure Power and its competitors.
Is Biomass Secure Power's Days Payable too high?
Biomass Secure Power's current Days Payable is 0.00.
How does Biomass Secure Power's Days Payable compare to competitors?
Biomass Secure Power's Days Payable of 0.00 can be compared against companies in the Forest Products industry. The industry median Days Payable is 57.93. 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. 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 Biomass Secure Power and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biomass Secure Power's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomass Secure Power stock overvalued right now?
Biomass Secure Power (BMSPF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Biomass Secure Power (BMSPF), the current Days Payable is 0.00 as of Jun. 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.

Biomass Secure Power Business Description

Address 125 8590 Sunrise Drive, Chilliwack, BC, CAN, V2R 3Z4
Biomass Secure Power Inc is engaged in the development of a wood pellet plant in Louisiana. The company has two patents that allow it to produce Biocoal with up to 30% more energy per tonne than whitewood pellets. The second patent concerns the briquetting of torrefied chips at high temperature maintaining the adhesive properties of the natural lignin and furans present in the wood fiber. It has developed two revenue streams, Biocoal supply and high carbon product which provides a byproduct that can be used for SAF.