GB (CAI:GBCO) Days Payable : 69.92 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is GB Days Payable?

GB's average Accounts Payable for the three months ended in Sep. 2024 was E£10,256 Mil. GB's Cost of Goods Sold for the three months ended in Sep. 2024 was E£13,385 Mil. Hence, GB's Days Payable for the three months ended in Sep. 2024 was 69.92.

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

CAI:GBCO' s Days Payable Range Over the Past 10 Years
Min: 20.13 Med: 35.29 Max: 77.27
Current: 77.27

During the past 13 years, GB's highest Days Payable was 77.27. The lowest was 20.13. And the median was 35.29.

CAI:GBCO's Days Payable is ranked better than
60.42% of 1281 companies
in the Vehicles & Parts industry
Industry Median: 65.28 vs CAI:GBCO: 77.27

GB's Days Payable declined from Sep. 2023 (70.59) to Sep. 2024 (69.92). It may suggest that GB accelerated paying its suppliers.

GB Days Payable Historical Data

The historical data trend for GB'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.

GB Days Payable Chart

GB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

28.42

35.08

35.49

52.50

59.37

GB 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															70.59	65.88	75.38	88.30	69.92

Competitive Comparison of GB's Days Payable

For the Auto Manufacturers subindustry, GB'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.

GB's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GB's Days Payable distribution charts can be found below:

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

Save Embed

;

Save Embed

;

GB 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.

GB'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
=	( (3245.66	+	3726.783)	/	2 )	/	21432.69	*	365
=	3486.2215					/	21432.69	*	365
=	59.37

GB'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
=	( (9261.062	+	11251.885)	/	2 )	/	13385.48	*	365 / 4
=	10256.4735					/	13385.48	*	365 / 4
=	69.92

GB Days Payable Related Terms

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

GB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GB Corp (CAI:GBCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY

Website

https://www.gb-corporation.com

GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.

GB Headlines

No Headlines