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MLEC (Moolec Science) Days Payable : 47.70 (As of Sep. 2024)


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What is Moolec Science Days Payable?

Moolec Science's average Accounts Payable for the three months ended in Sep. 2024 was $0.81 Mil. Moolec Science's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.54 Mil. Hence, Moolec Science's Days Payable for the three months ended in Sep. 2024 was 47.70.

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

MLEC' s Days Payable Range Over the Past 10 Years
Min: 73.62   Med: 274.85   Max: 435.88
Current: 73.62

During the past 4 years, Moolec Science's highest Days Payable was 435.88. The lowest was 73.62. And the median was 274.85.

MLEC's Days Payable is ranked worse than
63.51% of 707 companies
in the Biotechnology industry
Industry Median: 124.87 vs MLEC: 73.62

Moolec Science's Days Payable declined from Sep. 2023 (139.64) to Sep. 2024 (47.70). It may suggest that Moolec Science accelerated paying its suppliers.


Moolec Science Days Payable Historical Data

The historical data trend for Moolec Science'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.

* Premium members only.

Moolec Science Days Payable Chart

Moolec Science Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Days Payable
- - 435.88 113.81

Moolec Science Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 139.64 6,768.47 29.26 43.31 47.70

Competitive Comparison of Moolec Science's Days Payable

For the Biotechnology subindustry, Moolec Science'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.


Moolec Science's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Moolec Science's Days Payable distribution charts can be found below:

* The bar in red indicates where Moolec Science's Days Payable falls into.



Moolec Science 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.

Moolec Science's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (2.339 + 0.874) / 2 ) / 5.152*365
=1.6065 / 5.152*365
=113.81

Moolec Science's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.874 + 0.738) / 2 ) / 1.542*365 / 4
=0.806 / 1.542*365 / 4
=47.70

* 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.


Moolec Science Days Payable Related Terms

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Moolec Science Business Description

Traded in Other Exchanges
N/A
Address
17, Boulevard F.W. Raiffeisen, Luxembourg, LUX, L-2411
Moolec Science SA is a science-based ingredient company focused on producing real animal proteins in plants through Molecular Farming, a technology in the alternative protein landscape. Its purpose is to upgrade the taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system. The company has various products in its pipeline such as; TSP Valorasoy which is a soy protein product to produce vegetable proteins with texture and fibrousness similar to those of meat, Glaso, a safflower oil with high levels of gamma-linolenic acid, SPC2 which is a plant-based chymosin, YEEA1, an extract derived from a novel yeast biomass with specific properties, and others. The company's revenues arise from operations in Argentina.