GEGP (Gold Enterprise Group) Days Payable: 302.48 (As of Oct. 2025)

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What is Gold Enterprise Group Days Payable?

Gold Enterprise Group GEGP -90.00% Days Payable is 302.48 as of Oct. 2025.

Gold Enterprise Group's average Accounts Payable for the three months ended in Oct. 2025 was $0.08 Mil. Gold Enterprise Group's Cost of Goods Sold for the three months ended in Oct. 2025 was $0.03 Mil. Hence, Gold Enterprise Group's Days Payable for the three months ended in Oct. 2025 was 302.48.

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

GEGP's Days Payable is not ranked *
in the Medical Distribution industry.
Industry Median: 78.2
* Ranked among companies with meaningful Days Payable only.

Gold Enterprise Group's Days Payable increased from Oct. 2024 (57.85) to Oct. 2025 (302.48). It may suggest that Gold Enterprise Group delayed paying its suppliers.

Gold Enterprise Group Days Payable Historical Data

* Premium members only.

The historical data trend for Gold Enterprise Group'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.

Gold Enterprise Group Days Payable Chart

Gold Enterprise Group Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 61.44 55.82

Gold Enterprise Group Quarterly Data
Jan18 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 57.85 74.56 150.79 266.43 302.48

GEGP vs NTN, RLJE, TVAGF: Days Payable Comparison

For the Medical Distribution subindustry, Gold Enterprise Group'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.

Gold Enterprise Group Days Payable vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Gold Enterprise Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Gold Enterprise Group's Days Payable falls into.


Gold Enterprise Group 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.

Gold Enterprise Group's Days Payable for the fiscal year that ended in Jan. 2025 is calculated as

Days Payable (A: Jan. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2024 ) + Accounts Payable (A: Jan. 2025 )) / count ) / Cost of Goods Sold (A: Jan. 2025 )*Days in Period
=( (0.0434 + 0.05808) / 2 ) / 0.331787*365
=0.05074 / 0.331787*365
=55.82

Gold Enterprise Group's Days Payable for the quarter that ended in Oct. 2025 is calculated as:

Days Payable (Q: Oct. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2025 ) + Accounts Payable (Q: Oct. 2025 )) / count ) / Cost of Goods Sold (Q: Oct. 2025 )*Days in Period
=( (0.090875 + 0.078719) / 2 ) / 0.025581*365 / 4
=0.084797 / 0.025581*365 / 4
=302.48

* 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 302.48 mean?
Gold Enterprise Group (GEGP) has a Days Payable of 302.48 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gold Enterprise Group and its competitors.
Is Gold Enterprise Group's Days Payable too high?
Gold Enterprise Group's current Days Payable is 302.48. The Medical Distribution industry median Days Payable is 78.20. Gold Enterprise Group's value of 302.48 is 286.8% above this industry median.
How does Gold Enterprise Group's Days Payable compare to NTN and RLJE?
Gold Enterprise Group's Days Payable of 302.48 can be compared against companies in the Medical Distribution industry. The industry median Days Payable is 78.20. Gold Enterprise Group's value of 302.48 is 286.8% above 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 Medical Distribution company?
The median Days Payable among Medical Distribution companies is 78.20, based on 121 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. Gold Enterprise Group's current Days Payable of 302.48 is 286.8% above 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 Gold Enterprise Group and its competitors. For the Medical Distribution industry, the median Days Payable is 78.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Enterprise Group's current Days Payable is 302.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Enterprise Group stock overvalued right now?
Gold Enterprise Group (GEGP) has a current Days Payable of 302.48. The current Days Payable is 302.48 and 286.8% above the Medical Distribution industry median of 78.20. 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 Gold Enterprise Group (GEGP), the current Days Payable is 302.48 as of Oct. 2025. 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.

Gold Enterprise Group Business Description

Address 2412 Irwin Street, Melbourne, FL, USA, 32901
Gold Enterprise Group Inc, formerly Gold Entertainment Group Inc is engaged in the Distribution of orthopedic products. Its products include medical devices.