WODBF (Woodbois) Days Payable: 124.32 (As of Jun. 2024)


What is Woodbois Days Payable?

Woodbois WODBF -59.38% Days Payable is 124.32 as of Jun. 2024.

Woodbois's average Accounts Payable for the six months ended in Jun. 2024 was $1.26 Mil. Woodbois's Cost of Goods Sold for the six months ended in Jun. 2024 was $1.85 Mil. Hence, Woodbois's Days Payable for the six months ended in Jun. 2024 was 124.32.

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

WODBF's Days Payable is not ranked *
in the Forest Products industry.
Industry Median: 57.49
* Ranked among companies with meaningful Days Payable only.

Woodbois's Days Payable increased from Jun. 2023 (73.22) to Jun. 2024 (124.32). It may suggest that Woodbois delayed paying its suppliers.

Woodbois Days Payable Historical Data

* Premium members only.

The historical data trend for Woodbois'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.

Woodbois Days Payable Chart

Woodbois Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.38 33.66 34.07 26.33 65.92

Woodbois 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.07 24.67 73.22 144.69 124.32

WODBF vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Woodbois'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.

Woodbois Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Woodbois's Days Payable distribution charts can be found below:

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


Woodbois 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.

Woodbois'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
=( (1.213 + 1.145) / 2 ) / 6.528*365
=1.179 / 6.528*365
=65.92

Woodbois'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
=( (1.145 + 1.37) / 2 ) / 1.846*365 / 2
=1.2575 / 1.846*365 / 2
=124.32

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 124.32 mean?
Woodbois (WODBF) has a Days Payable of 124.32 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Woodbois and its competitors.
Is Woodbois' Days Payable too high?
Woodbois' current Days Payable is 124.32. The Forest Products industry median Days Payable is 57.49. Woodbois' value of 124.32 is 116.2% above this industry median.
How does Woodbois' Days Payable compare to SSD and UFPI?
Woodbois' Days Payable of 124.32 can be compared against companies in the Forest Products industry. The industry median Days Payable is 57.49. Woodbois' value of 124.32 is 116.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Forest Products company?
The median Days Payable among Forest Products companies is 57.49, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Woodbois's current Days Payable of 124.32 is 116.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Woodbois and its competitors. For the Forest Products industry, the median Days Payable is 57.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Woodbois's current Days Payable is 124.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woodbois stock overvalued right now?
Woodbois (WODBF) has a current Days Payable of 124.32. The current Days Payable is 124.32 and 116.2% above the Forest Products industry median of 57.49. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Woodbois (WODBF), the current Days Payable is 124.32 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Woodbois Business Description

Address Dixcart House, Sir William Place, P.O. Box 161, Saint Peter Port, GGY, GY1 1GX
Woodbois Ltd is a Forestry and timber trading company involved in producing, processing, manufacturing, and supplying sustainable African hardwood and hardwood products. It is engaged in the forestry, timber trading, and carbon solutions segments. It generates maximum revenue from the Forestry segment. The company operates in Gabon, Mozambique, Denmark, Mauritius, Guernsey, and the UK. Its product categories include Lumber, Veneer, and Blockboard. geographically company's external sales are maximum from Gabon.