Gulf Mushroom Products CoOG (MUS:GMPI) Days Payable : 51.32 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Gulf Mushroom Products CoOG Days Payable?

Gulf Mushroom Products CoOG's average Accounts Payable for the three months ended in Dec. 2023 was ر.ع0.83 Mil. Gulf Mushroom Products CoOG's Cost of Goods Sold for the three months ended in Dec. 2023 was ر.ع1.47 Mil. Hence, Gulf Mushroom Products CoOG's Days Payable for the three months ended in Dec. 2023 was 51.32.

The historical rank and industry rank for Gulf Mushroom Products CoOG's Days Payable or its related term are showing as below:

MUS:GMPI' s Days Payable Range Over the Past 10 Years
Min: 16.75 Med: 44.94 Max: 96.65
Current: 70

During the past 13 years, Gulf Mushroom Products CoOG's highest Days Payable was 96.65. The lowest was 16.75. And the median was 44.94.

MUS:GMPI's Days Payable is ranked better than
70.29% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs MUS:GMPI: 70.00

Gulf Mushroom Products CoOG's Days Payable declined from Dec. 2022 (106.38) to Dec. 2023 (51.32). It may suggest that Gulf Mushroom Products CoOG accelerated paying its suppliers.

Gulf Mushroom Products CoOG Days Payable Historical Data

The historical data trend for Gulf Mushroom Products CoOG'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.

Gulf Mushroom Products CoOG Days Payable Chart

Gulf Mushroom Products CoOG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.75

90.26

96.65

87.46

27.93

Gulf Mushroom Products CoOG Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Jun19	Sep19	Jun20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															106.38	93.22	86.31	81.42	51.32

Competitive Comparison of Gulf Mushroom Products CoOG's Days Payable

For the Farm Products subindustry, Gulf Mushroom Products CoOG'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.

Gulf Mushroom Products CoOG's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gulf Mushroom Products CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Gulf Mushroom Products CoOG's Days Payable falls into.

Gulf Mushroom Products CoOG 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.

Gulf Mushroom Products CoOG'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
=	( (0	+	0.431)	/	1 )	/	5.633	*	365
=	0.431					/	5.633	*	365
=	27.93

Gulf Mushroom Products CoOG'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
=	( (1.219	+	0.431)	/	2 )	/	1.467	*	365 / 4
=	0.825					/	1.467	*	365 / 4
=	51.32

Gulf Mushroom Products CoOG Days Payable Related Terms

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

Gulf Mushroom Products CoOG (MUS:GMPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gulf Mushroom Products Co SAOG (MUS:GMPI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Post Box 383, Barka, OMN, 320

Website

http://www.gulfmushroom.com

Gulf Mushroom Products Co SAOG is engaged in the cultivation, processing, and marketing of mushrooms. The company's products are marketed under the name Gulf Fresh and include fresh white mushrooms, baby mushrooms, giant fresh mushrooms, brown mushrooms, and portabella mushroom. It markets through a network of distributors located in the Middle East markets, such as Dubai, Qatar, Bahrain, Kuwait and Saudi Arabia.

Gulf Mushroom Products CoOG (MUS:GMPI) Headlines

No Headlines