GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » G6 Materials Corp (FRA:G310) » Definitions » Days Payable

G6 Materials (FRA:G310) Days Payable : 98.02 (As of Nov. 2023)


View and export this data going back to 2014. Start your Free Trial

What is G6 Materials Days Payable?

G6 Materials's average Accounts Payable for the three months ended in Nov. 2023 was €0.30 Mil. G6 Materials's Cost of Goods Sold for the three months ended in Nov. 2023 was €0.28 Mil. Hence, G6 Materials's Days Payable for the three months ended in Nov. 2023 was 98.02.

The historical rank and industry rank for G6 Materials's Days Payable or its related term are showing as below:

FRA:G310' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 88.12
Current: 88.12

During the past 13 years, G6 Materials's highest Days Payable was 88.12. The lowest was 0.00. And the median was 0.00.

FRA:G310's Days Payable is ranked better than
70.01% of 1504 companies
in the Chemicals industry
Industry Median: 60.76 vs FRA:G310: 88.12

G6 Materials's Days Payable increased from Nov. 2022 (0.00) to Nov. 2023 (98.02). It may suggest that G6 Materials delayed paying its suppliers.


G6 Materials Days Payable Historical Data

The historical data trend for G6 Materials'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.

G6 Materials Days Payable Chart

G6 Materials Annual Data
Trend Jul14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

G6 Materials Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 98.02

Competitive Comparison of G6 Materials's Days Payable

For the Specialty Chemicals subindustry, G6 Materials'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.


G6 Materials's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, G6 Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where G6 Materials's Days Payable falls into.



G6 Materials 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.

G6 Materials's Days Payable for the fiscal year that ended in May. 2023 is calculated as

Days Payable (A: May. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2022 ) + Accounts Payable (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 1.246*365
=0 / 1.246*365
=0.00

G6 Materials's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

Days Payable (Q: Nov. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2023 ) + Accounts Payable (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (0 + 0.304) / 1 ) / 0.283*365 / 4
=0.304 / 0.283*365 / 4
=98.02

* 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.


G6 Materials Days Payable Related Terms

Thank you for viewing the detailed overview of G6 Materials's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


G6 Materials (FRA:G310) Business Description

Traded in Other Exchanges
Address
760 Koehler Avenue, Suite 2, Ronkonkoma, NY, USA, 11779
G6 Materials Corp is engaged in the development, manufacture, and sale of proprietary composites and coatings based on graphene and other advanced materials. The company's products include high-performance resins, composites, R&D materials, fine organic chemicals, and conductive adhesives.

G6 Materials (FRA:G310) Headlines

No Headlines