GRFX (Graphex Group) Days Payable : 89.75 (As of Jun. 2024)

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What is Graphex Group Days Payable?

Graphex Group's average Accounts Payable for the six months ended in Jun. 2024 was $3.99 Mil. Graphex Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $8.12 Mil. Hence, Graphex Group's Days Payable for the six months ended in Jun. 2024 was 89.75.

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

GRFX' s Days Payable Range Over the Past 10 Years
Min: 6.44 Med: 23.03 Max: 106.56
Current: 106.56

During the past 11 years, Graphex Group's highest Days Payable was 106.56. The lowest was 6.44. And the median was 23.03.

GRFX's Days Payable is ranked worse than
54.48% of 1039 companies
in the Metals & Mining industry
Industry Median: 134.27 vs GRFX: 106.56

Graphex Group's Days Payable increased from Jun. 2023 (80.10) to Jun. 2024 (89.75). It may suggest that Graphex Group delayed paying its suppliers.

Graphex Group Days Payable Historical Data

The historical data trend for Graphex 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.

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Graphex Group Days Payable Chart

Graphex Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.05

30.10

18.88

18.36

34.26

Graphex Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															27.90	28.83	80.10	95.61	89.75

Competitive Comparison of Graphex Group's Days Payable

For the Other Industrial Metals & Mining subindustry, Graphex 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.

Graphex Group's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Graphex Group's Days Payable distribution charts can be found below:

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

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Graphex 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.

Graphex Group'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
=	( (1.721	+	2.969)	/	2 )	/	24.983	*	365
=	2.345					/	24.983	*	365
=	34.26

Graphex Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2.969	+	5.013)	/	2 )	/	8.115	*	365 / 2
=	3.991					/	8.115	*	365 / 2
=	89.75

Graphex Group Days Payable Related Terms

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Graphex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Graphex Group Ltd (AMEX:GRFX) » Definitions » Days Payable

Traded in Other Exchanges

06128:Hong Kong

Address

262 Gloucester Road, 11th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

https://www.graphexgroup.com

Graphex Group Ltd is engaged in the sale of graphene products. It operates in three segments namely, the Graphene Products Segment includes Processing and sale of graphite and graphene-related products; the Landscape Architecture Design Segment includes Providing landscape architecture design; and the catering business focuses on the operation of restaurants. The company derives the majority of its revenue from the sale of graphene products segment.