Graphene Manufacturing Group (TSXV:GMG) Days Payable : 275.86 (As of Sep. 2024)

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What is Graphene Manufacturing Group Days Payable?

Graphene Manufacturing Group's average Accounts Payable for the three months ended in Sep. 2024 was C$0.20 Mil. Graphene Manufacturing Group's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.07 Mil. Hence, Graphene Manufacturing Group's Days Payable for the three months ended in Sep. 2024 was 275.86.

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

TSXV:GMG' s Days Payable Range Over the Past 10 Years
Min: 64.12 Med: 165.74 Max: 216.53
Current: 164.25

During the past 5 years, Graphene Manufacturing Group's highest Days Payable was 216.53. The lowest was 64.12. And the median was 165.74.

TSXV:GMG's Days Payable is ranked better than
90.55% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs TSXV:GMG: 164.25

Graphene Manufacturing Group's Days Payable increased from Sep. 2023 (220.52) to Sep. 2024 (275.86). It may suggest that Graphene Manufacturing Group delayed paying its suppliers.

Graphene Manufacturing Group Days Payable Historical Data

The historical data trend for Graphene Manufacturing 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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Graphene Manufacturing Group Days Payable Chart

Graphene Manufacturing Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

64.12

216.53

216.39

165.74

95.58

Graphene Manufacturing Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial														220.52	184.47	163.56	88.32	275.86

Competitive Comparison of Graphene Manufacturing Group's Days Payable

For the Specialty Chemicals subindustry, Graphene Manufacturing 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.

Graphene Manufacturing Group's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Graphene Manufacturing Group's Days Payable distribution charts can be found below:

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

Graphene Manufacturing 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.

Graphene Manufacturing Group'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
=	( (0.218	+	0.135)	/	2 )	/	0.674	*	365
=	0.1765					/	0.674	*	365
=	95.58

Graphene Manufacturing Group'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
=	( (0.135	+	0.258)	/	2 )	/	0.065	*	365 / 4
=	0.1965					/	0.065	*	365 / 4
=	275.86

Graphene Manufacturing Group Days Payable Related Terms

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Graphene Manufacturing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphene Manufacturing Group Ltd (TSXV:GMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GMGMF:USA 0GF:Germany

Address

5/848 Boundary Road, Unit 5, Richlands, Brisbane, QLD, AUS, 4077

Website

https://www.graphenemg.com

Graphene Manufacturing Group Ltd is involved in the production of high-quality graphene used predominantly in paints, coolants, and lubricants targeting to improve energy efficiency and reduce costs, and additionally in next-generation battery technology. It is a clean-technology-focused company that aims to offer energy-saving products and solutions and energy storage products, enabled by Graphene manufactured in-house via a proprietary production process.

Executives

Craig Nicol	Director, Senior Officer
Andrew James Small	Director
Robert William Shewchuk	Director
William Ollerhead	Director
Christopher Gregory Ohlrich	Director, Senior Officer
Guy Evert Albert Outen	Director
Rabh Engineering Pty Ltd	Deemed Insider - 6 Months before becoming Insider

Graphene Manufacturing Group Headlines

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