Green Plains (Green Plains) Days Payable : 23.45 (As of Dec. 2023)

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What is Green Plains Days Payable?

Green Plains's average Accounts Payable for the three months ended in Dec. 2023 was $162 Mil. Green Plains's Cost of Goods Sold for the three months ended in Dec. 2023 was $632 Mil. Hence, Green Plains's Days Payable for the three months ended in Dec. 2023 was 23.45.

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

GPRE' s Days Payable Range Over the Past 10 Years
Min: 18.51 Med: 22.29 Max: 29.89
Current: 18.65

During the past 13 years, Green Plains's highest Days Payable was 29.89. The lowest was 18.51. And the median was 22.29.

GPRE's Days Payable is ranked worse than
91.02% of 1504 companies
in the Chemicals industry
Industry Median: 60.975 vs GPRE: 18.65

Green Plains's Days Payable increased from Dec. 2022 (18.65) to Dec. 2023 (23.45). It may suggest that Green Plains delayed paying its suppliers.

Green Plains Days Payable Historical Data

The historical data trend for Green Plains'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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Green Plains Days Payable Chart

Green Plains Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.38

29.89

19.89

19.69

24.75

Green Plains Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															18.65	20.07	12.77	13.69	23.45

Competitive Comparison of Green Plains's Days Payable

For the Chemicals subindustry, Green Plains'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.

Green Plains's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Green Plains's Days Payable falls into.

Green Plains 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.

Green Plains's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (234.301	+	186.643)	/	2 )	/	3103.838	*	365
=	210.472					/	3103.838	*	365
=	24.75

Green Plains's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (138.35	+	186.643)	/	2 )	/	632.443	*	365 / 4
=	162.4965					/	632.443	*	365 / 4
=	23.45

Green Plains Days Payable Related Terms

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

Green Plains (Green Plains) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Plains Inc (NAS:GPRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

G3V:Germany G3V:Germany

Address

1811 Aksarben Drive, Omaha, NE, USA, 68106

Website

https://www.gpreinc.com

Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.

Executives

Todd A Becker	officer: President and CEO	1811 AKSARBEN DRIVE, OMAHA NE 68106
James D Anderson	director	1811 AKSARBEN DRIVE, OMAHA NE 68106
Van Der Meulen Leslie	officer: EVP Product Mktg & Innovation	1811 AKSARBEN DRIVE, OMAHA NE 68106
Alain Treuer	director	9420 UNDERWOOD AVE., SUITE 100, OMAHA NE 68114
Michelle Mapes	officer: Exe VP, Gen Counsel & Corp Sec	1811 AKSARBEN DRIVE, OMAHA NE 68106
Brian Peterson	director	1739 CHARLES AVE., LAWTON IA 51030
Knudsen Ejnar A Iii	director	1811 AKSARBEN DRIVE, OMAHA NE 68106
Chris Osowski	officer: EVP Operations and Technology	1811 AKSARBEN DRIVE, OMAHA NE 68106
James E Stark	officer: Chief Financial Officer	1811 AKSARBEN DRIVE, OMAHA NE 68106
Herbert James F Ii	officer: Chief Human Resources Officer	1811 AKSARBEN DRIVE, OMAHA NE 68106
Grant D Kadavy	officer: EVP Commercial Operations	1811 AKSARBEN DRIVE, OMAHA NE 68106
Paul E Kolomaya	officer: EVP - Commodity Finance	1811 AKSARBEN DRIVE, OMAHA NE 68106
Farha Aslam	director	1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Hagstrom William J. Iii	officer: EVP Strategy and Development	1811 AKSARBEN DR, OMAHA NE 68106
Martin Salinas	director	1001 NOBLE ENERGY WAY, HOUSTON TX 77070