GBCMY (Global Bio-chem Technology Group Co) Days Payable : 207.95 (As of Dec. 2024)

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What is Global Bio-chem Technology Group Co Days Payable?

Global Bio-chem Technology Group Co's average Accounts Payable for the six months ended in Dec. 2024 was $143.3 Mil. Global Bio-chem Technology Group Co's Cost of Goods Sold for the six months ended in Dec. 2024 was $125.8 Mil. Hence, Global Bio-chem Technology Group Co's Days Payable for the six months ended in Dec. 2024 was 207.95.

The historical rank and industry rank for Global Bio-chem Technology Group Co's Days Payable or its related term are showing as below:

GBCMY' s Days Payable Range Over the Past 10 Years
Min: 128.8 Med: 193.42 Max: 80504.95
Current: 210.85

During the past 13 years, Global Bio-chem Technology Group Co's highest Days Payable was 80504.95. The lowest was 128.80. And the median was 193.42.

GBCMY's Days Payable is ranked better than
93.99% of 1830 companies
in the Consumer Packaged Goods industry
Industry Median: 45.74 vs GBCMY: 210.85

Global Bio-chem Technology Group Co's Days Payable increased from Dec. 2023 (207.83) to Dec. 2024 (207.95). It may suggest that Global Bio-chem Technology Group Co delayed paying its suppliers.

Global Bio-chem Technology Group Co Days Payable Historical Data

The historical data trend for Global Bio-chem Technology Group Co'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.

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Global Bio-chem Technology Group Co Days Payable Chart

Global Bio-chem Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

682.87

663.50

80,454.77

289.39

209.16

Global Bio-chem Technology Group Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															-	370.00	207.83	215.10	207.95

Competitive Comparison of Global Bio-chem Technology Group Co's Days Payable

For the Packaged Foods subindustry, Global Bio-chem Technology Group Co'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.

Global Bio-chem Technology Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Bio-chem Technology Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Bio-chem Technology Group Co's Days Payable falls into.

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Global Bio-chem Technology Group Co 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.

Global Bio-chem Technology Group Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (115.774	+	151.107)	/	2 )	/	232.862	*	365
=	133.4405					/	232.862	*	365
=	209.16

Global Bio-chem Technology Group Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (135.499	+	151.107)	/	2 )	/	125.763	*	365 / 2
=	143.303					/	125.763	*	365 / 2
=	207.95

Global Bio-chem Technology Group Co Days Payable Related Terms

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Global Bio-chem Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Bio-chem Technology Group Co Ltd (OTCPK:GBCMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00809:Hong Kong GLY:Germany

Address

18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.globalbiochem.com

Global Bio-chem Technology Group Co Ltd manufactures and sells corn-refined products and corn-based biochemical products. Its segments are; Upstream products, Amino acids, and Polyol chemicals. The company generates a majority of its revenue from the Upstream products segment which engages in the manufacture and sale of corn starch, gluten meal, corn oil, and other corn refined products. Geographically, the firm generates a majority of its revenue from the People's Republic of China followed by the Americas, Asia, and other regions.

Global Bio-chem Technology Group Co Headlines

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