GGELU (Golden Grain Energy) Days Payable: 0.00 (As of . 20)


What is Golden Grain Energy Days Payable?

Golden Grain Energy GGELU Days Payable is 0.00 as of . 20.

Golden Grain Energy's average Accounts Payable for the six months ended in . 20 was $0.00 Mil. Golden Grain Energy's Cost of Goods Sold for the six months ended in . 20 was $0.00 Mil.

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

GGELU's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.95
* Ranked among companies with meaningful Days Payable only.

Golden Grain Energy's Days Payable stayed the same from . 20 (0.00) to . 20 (0.00).

Golden Grain Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Golden Grain Energy'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.

Golden Grain Energy Days Payable Chart

Golden Grain Energy Annual Data
Trend
Days Payable

Golden Grain Energy Semi-Annual Data
Days Payable

GGELU vs : Days Payable Comparison

For the Chemicals subindustry, Golden Grain Energy'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.

Golden Grain Energy Days Payable vs Chemicals Industry

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

* The bar in red indicates where Golden Grain Energy's Days Payable falls into.


Golden Grain Energy 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.

Golden Grain Energy's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Golden Grain Energy's Days Payable for the quarter that ended in . 20 is calculated as:

Days Payable (Q: . 20 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: . 20 ) + Accounts Payable (Q: . 20 )) / count ) / Cost of Goods Sold (Q: . 20 )*Days in Period
=( ( + ) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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 0.00 mean?
Golden Grain Energy (GGELU) has a Days Payable of 0.00 as of . 20. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Golden Grain Energy and its competitors.
Is Golden Grain Energy's Days Payable too high?
Golden Grain Energy's current Days Payable is 0.00.
How does Golden Grain Energy's Days Payable compare to ?
Golden Grain Energy's Days Payable of 0.00 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.95. 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. 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 Golden Grain Energy and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Grain Energy's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Grain Energy stock overvalued right now?
Golden Grain Energy (GGELU) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Golden Grain Energy (GGELU), the current Days Payable is 0.00 as of . 20. 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.

Golden Grain Energy Business Description

Comparable Companies
Address 1822 43rd Street South West, Mason City, IA, USA, 50401
Golden Grain Energy is engaged in the production of ethanol and distiller grains. The principal products that the company produces are ethanol, distiller grains, and corn oil. The company reports its financial and operating performance in two reportable segments: Production, and Ethanol production investments. The Production segment consists of the manufacturing of ethanol and related co-products from the ethanol production process. The Ethanol production investment segment consists of aggregated ethanol production equity method investments.