GBLT (TSXV:GBLT) Days Payable : 67.60 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is GBLT Days Payable?

GBLT's average Accounts Payable for the three months ended in Sep. 2023 was C$7.73 Mil. GBLT's Cost of Goods Sold for the three months ended in Sep. 2023 was C$10.44 Mil. Hence, GBLT's Days Payable for the three months ended in Sep. 2023 was 67.60.

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

TSXV:GBLT' s Days Payable Range Over the Past 10 Years
Min: 41.18 Med: 74.61 Max: 89.48
Current: 89.48

During the past 8 years, GBLT's highest Days Payable was 89.48. The lowest was 41.18. And the median was 74.61.

TSXV:GBLT's Days Payable is ranked better than
57.55% of 2928 companies
in the Industrial Products industry
Industry Median: 76.585 vs TSXV:GBLT: 89.48

GBLT's Days Payable increased from Sep. 2022 (47.68) to Sep. 2023 (67.60). It may suggest that GBLT delayed paying its suppliers.

GBLT Days Payable Historical Data

The historical data trend for GBLT'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.

GBLT Days Payable Chart

GBLT Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

74.61

89.38

77.96

54.85

41.18

GBLT Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															47.68	72.32	88.77	137.72	67.60

Competitive Comparison of GBLT's Days Payable

For the Electrical Equipment & Parts subindustry, GBLT'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.

GBLT's Days Payable Distribution in the Industrial Products Industry

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

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

GBLT 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.

GBLT's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.333	+	5.261)	/	2 )	/	51.377	*	365
=	5.797					/	51.377	*	365
=	41.18

GBLT's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (6.963	+	8.506)	/	2 )	/	10.44	*	365 / 4
=	7.7345					/	10.44	*	365 / 4
=	67.60

GBLT Days Payable Related Terms

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

GBLT (TSXV:GBLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GBLT Corp (TSXV:GBLT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GBLTF:USA 4G9:Germany

Address

An Gut Nazareth 18 A, North Rhine-Westphalia, Duren, DEU, 52353

Website

https://www.gbt-international.com

GBLT Corp, along with its subsidiaries designs, manufactures and supplies mobile storage, and battery solutions. It also provides renewable energy solutions through its solar division. In addition, the company offers consumer healthcare and wellness products to retail chains across the globe. Further, the group has an official license for AGFAPHOTO mobile energy products. The Company's healthcare and well-being products are primarily sold throughout Europe under Dr. Senst brand.

Executives

Dr. Thilo Senst

10% Security Holder, Director, Senior Officer

GBLT (TSXV:GBLT) Headlines

No Headlines