GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bemax Inc (OTCPK:BMXC) » Definitions » Days Payable

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


View and export this data going back to 2015. Start your Free Trial

What is Bemax Days Payable?

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: 45.8
* 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

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.

* Premium members only.

Bemax Days Payable Chart

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

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

Competitive Comparison of Bemax's Days Payable

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's Days Payable Distribution in the 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.


Bemax Days Payable Related Terms

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


Bemax Business Description

Traded in Other Exchanges
N/A
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.
Executives
Taiwo Aimasiko director, officer: CEO 625 SILVER OAK DRIVE, DALLAS GA 30132