Bemax (BMXC) Days Payable: 15.61 (As of May. 2017)


What is Bemax Days Payable?

Bemax BMXC Days Payable is 15.61 as of May. 2017.

Bemax's average Accounts Payable for the six months ended in May. 2017 was $0.01 Mil. Bemax's Cost of Goods Sold for the six months ended in May. 2017 was $0.30 Mil. Hence, Bemax's Days Payable for the six months ended in May. 2017 was 7.80.

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

BMXC's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

Bemax's Days Payable increased from May. 2015 (11.53) to May. 2017 (15.61). It may suggest that Bemax delayed paying its suppliers.

Bemax Days Payable Historical Data

* Premium members only.

The historical data trend for Bemax'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.

Bemax Days Payable Chart

Bemax Annual Data
Trend May14 May15 May16 May17
Days Payable
0.00 11.53 2.30 15.61

Bemax Semi-Annual Data
May14 May15 May16 May17
Days Payable 0.00 11.53 2.30 15.61

BMXC vs TANH, SNBH, SKVI: Days Payable Comparison

For the Household & Personal Products subindustry, Bemax'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.

Bemax Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bemax's Days Payable distribution charts can be found below:

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


Bemax 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.

Bemax's Days Payable for the fiscal year that ended in May. 2017 is calculated as

Days Payable (A: May. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2016 ) + Accounts Payable (A: May. 2017 )) / count ) / Cost of Goods Sold (A: May. 2017 )*Days in Period
=( (0 + 0.013) / 1 ) / 0.304*365
=0.013 / 0.304*365
=15.61

Bemax's Days Payable for the quarter that ended in May. 2017 is calculated as:

Days Payable (Q: May. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2016 ) + Accounts Payable (Q: May. 2017 )) / count ) / Cost of Goods Sold (Q: May. 2017 )*Days in Period
=( (0 + 0.013) / 1 ) / 0.304*365 / 2
=0.013 / 0.304*365 / 2
=7.80

* 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 15.61 mean?
Bemax (BMXC) has a Days Payable of 15.61 as of May. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bemax and its competitors.
Is Bemax's Days Payable too high?
Bemax's current Days Payable is 15.61. The Consumer Packaged Goods industry median Days Payable is 44.14. Bemax's value of 15.61 is 64.6% below this industry median.
How does Bemax's Days Payable compare to TANH and SNBH?
Bemax's Days Payable of 15.61 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. Bemax's value of 15.61 is 64.6% below this benchmark. 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Bemax's current Days Payable of 15.61 is 64.6% below the industry median. 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 Bemax and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bemax's current Days Payable is 15.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bemax stock overvalued right now?
Bemax (BMXC) has a current Days Payable of 15.61. The current Days Payable is 15.61 and 64.6% below the Consumer Packaged Goods industry median of 44.14. 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 Bemax (BMXC), the current Days Payable is 15.61 as of May. 2017. 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.

Bemax Business Description

Address 625 Silver Oak Drive, Dallas, GA, USA, 30132
Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.