Gradus AD (XBUL:GR6) Days Payable : 24.12 (As of Sep. 2024)

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What is Gradus AD Days Payable?

Gradus AD's average Accounts Payable for the three months ended in Sep. 2024 was лв5.0 Mil. Gradus AD's Cost of Goods Sold for the three months ended in Sep. 2024 was лв18.8 Mil. Hence, Gradus AD's Days Payable for the three months ended in Sep. 2024 was 24.12.

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

XBUL:GR6' s Days Payable Range Over the Past 10 Years
Min: 20.45 Med: 23.95 Max: 27.48
Current: 25.83

During the past 5 years, Gradus AD's highest Days Payable was 27.48. The lowest was 20.45. And the median was 23.95.

XBUL:GR6's Days Payable is ranked worse than
77.49% of 1830 companies
in the Consumer Packaged Goods industry
Industry Median: 46 vs XBUL:GR6: 25.83

Gradus AD's Days Payable increased from Sep. 2023 (20.87) to Sep. 2024 (24.12). It may suggest that Gradus AD delayed paying its suppliers.

Gradus AD Days Payable Historical Data

The historical data trend for Gradus AD'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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Gradus AD Days Payable Chart

Gradus AD Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

23.95

27.48

26.85

20.45

22.01

Gradus AD Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial												20.87	26.05	26.66	22.70	24.12

Competitive Comparison of Gradus AD's Days Payable

For the Farm Products subindustry, Gradus AD'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.

Gradus AD's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gradus AD's Days Payable distribution charts can be found below:

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

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Gradus AD 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.

Gradus AD'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
=	( (4.543	+	4.674)	/	2 )	/	76.417	*	365
=	4.6085					/	76.417	*	365
=	22.01

Gradus AD'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
=	( (3.966	+	5.968)	/	2 )	/	18.794	*	365 / 4
=	4.967					/	18.794	*	365 / 4
=	24.12

Gradus AD Days Payable Related Terms

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Gradus AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gradus AD (XBUL:GR6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

110B Simeonovsko shose Boulevard, Floor 4, office 22, Stara Zagora, BGR

Website

https://www.gradus.bg

Gradus AD is a poultry producer. The product line of the company includes fresh products, frozen products, specialties, sausages, and delicacies. Its product offerings include whole chicken, chicken fillet, chicken bon fillet, chicken legs, chicken drumsticks, boneless chicken, flavored chicken wings, minced chicken, skinless thigh steak, ham sausage, chicken pate, chicken pate with olives, among others.

Gradus AD Headlines

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