GPOX (GPO Plus) Days Payable : 156.36 (As of Jul. 2024)

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What is GPO Plus Days Payable?

GPO Plus's average Accounts Payable for the three months ended in Jul. 2024 was $1.62 Mil. GPO Plus's Cost of Goods Sold for the three months ended in Jul. 2024 was $0.95 Mil. Hence, GPO Plus's Days Payable for the three months ended in Jul. 2024 was 156.36.

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

GPOX' s Days Payable Range Over the Past 10 Years
Min: 52.61 Med: 111.69 Max: 404.39
Current: 126.45

During the past 9 years, GPO Plus's highest Days Payable was 404.39. The lowest was 52.61. And the median was 111.69.

GPOX's Days Payable is ranked better than
80.26% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs GPOX: 126.45

GPO Plus's Days Payable increased from Jul. 2023 (85.88) to Jul. 2024 (156.36). It may suggest that GPO Plus delayed paying its suppliers.

GPO Plus Days Payable Historical Data

The historical data trend for GPO Plus'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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GPO Plus Days Payable Chart

GPO Plus Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Days Payable

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52.61

115.82

404.39

107.55

GPO Plus Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Days Payable	Get a 7-Day Free Trial															85.88	82.59	113.60	160.84	156.36

Competitive Comparison of GPO Plus's Days Payable

For the Specialty Business Services subindustry, GPO Plus'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.

GPO Plus's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPO Plus's Days Payable distribution charts can be found below:

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

GPO Plus 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.

GPO Plus's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

	Days Payable (A: Apr. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2023 )	+	Accounts Payable (A: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2024 )	*	Days in Period
=	( (0.517	+	1.558)	/	2 )	/	3.521	*	365
=	1.0375					/	3.521	*	365
=	107.55

GPO Plus's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

	Days Payable (Q: Jul. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2024 )	+	Accounts Payable (Q: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
=	( (1.558	+	1.684)	/	2 )	/	0.946	*	365 / 4
=	1.621					/	0.946	*	365 / 4
=	156.36

GPO Plus Days Payable Related Terms

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GPO Plus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPO Plus Inc (OTCPK:GPOX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120

Website

https://www.gpoplus.com

GPO Plus Inc is a fully reporting holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting products to customers), marketing (promoting products), and sales (selling products to consumers and retailers).