Greenbelt Resources (Greenbelt Resources) Days Payable : 603.14 (As of Mar. 2016)

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What is Greenbelt Resources Days Payable?

Greenbelt Resources's average Accounts Payable for the three months ended in Mar. 2016 was $0.27 Mil. Greenbelt Resources's Cost of Goods Sold for the three months ended in Mar. 2016 was $0.04 Mil. Hence, Greenbelt Resources's Days Payable for the three months ended in Mar. 2016 was 603.14.

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

GRCO's Days Payable is not ranked ^*
in the Industrial Products industry.
Industry Median: 76.49
* Ranked among companies with meaningful Days Payable only.

Greenbelt Resources's Days Payable increased from . 20 (0.00) to Mar. 2016 (603.14). It may suggest that Greenbelt Resources delayed paying its suppliers.

Greenbelt Resources Days Payable Historical Data

The historical data trend for Greenbelt Resources'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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Greenbelt Resources Days Payable Chart

Greenbelt Resources Annual Data

Trend

Days Payable

Greenbelt Resources Quarterly Data
	Sep13	Sep14	Mar15	Mar16
Days Payable	-	22.35	74.22	603.14

Competitive Comparison of Greenbelt Resources's Days Payable

For the Pollution & Treatment Controls subindustry, Greenbelt Resources'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.

Greenbelt Resources's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenbelt Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Greenbelt Resources's Days Payable falls into.

Greenbelt Resources 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.

Greenbelt Resources'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

Greenbelt Resources's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

	Days Payable (Q: Mar. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2015 )	+	Accounts Payable (Q: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
=	( (0	+	0.271)	/	1 )	/	0.041	*	365 / 4
=	0.271					/	0.041	*	365 / 4
=	603.14

Greenbelt Resources Days Payable Related Terms

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Greenbelt Resources (Greenbelt Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenbelt Resources Corp (OTCPK:GRCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 86169-6014

Website

http://www.greenbeltresources.com

Greenbelt Resources Corp is a provider of a sustainable energy production system. The company designs, manufactures, operates and sells modular systems that recycle food wastes and beverage wastes into sellable products. Products produced include ultra-low carbon advanced biofuel, fertilizer, animal feed, electricity and filtered and distilled water. Its solutions include Organic Waste Recycling System and Energy Efficient Ethanol Dehydration.

Greenbelt Resources (Greenbelt Resources) Headlines

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