Golden wheat Mills Co (XPAE:GMC) Days Payable : 45.14 (As of Dec. 2024)

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What is Golden wheat Mills Co Days Payable?

Golden wheat Mills Co's average Accounts Payable for the three months ended in Dec. 2024 was JOD1.58 Mil. Golden wheat Mills Co's Cost of Goods Sold for the three months ended in Dec. 2024 was JOD3.19 Mil. Hence, Golden wheat Mills Co's Days Payable for the three months ended in Dec. 2024 was 45.14.

The historical rank and industry rank for Golden wheat Mills Co's Days Payable or its related term are showing as below:

XPAE:GMC' s Days Payable Range Over the Past 10 Years
Min: 3.06 Med: 6.55 Max: 43.54
Current: 43.54

During the past 13 years, Golden wheat Mills Co's highest Days Payable was 43.54. The lowest was 3.06. And the median was 6.55.

XPAE:GMC's Days Payable is ranked worse than
52.58% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs XPAE:GMC: 43.54

Golden wheat Mills Co's Days Payable increased from Dec. 2023 (24.47) to Dec. 2024 (45.14). It may suggest that Golden wheat Mills Co delayed paying its suppliers.

Golden wheat Mills Co Days Payable Historical Data

The historical data trend for Golden wheat Mills Co'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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Golden wheat Mills Co Days Payable Chart

Golden wheat Mills Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

7.50

4.25

6.96

6.53

26.61

Golden wheat Mills Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															24.47	33.40	61.87	50.74	45.14

Competitive Comparison of Golden wheat Mills Co's Days Payable

For the Packaged Foods subindustry, Golden wheat Mills Co'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.

Golden wheat Mills Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden wheat Mills Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden wheat Mills Co's Days Payable falls into.

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Golden wheat Mills Co 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.

Golden wheat Mills Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.15	+	1.501)	/	2 )	/	11.323	*	365
=	0.8255					/	11.323	*	365
=	26.61

Golden wheat Mills Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.65	+	1.501)	/	2 )	/	3.185	*	365 / 4
=	1.5755					/	3.185	*	365 / 4
=	45.14

Golden wheat Mills Co Days Payable Related Terms

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Golden wheat Mills Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden wheat Mills Co (XPAE:GMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Burmah - Birzeit, P.O. Box 43, Ramallah, PSE

Website

https://www.gwmc.ps

Golden wheat Mills Co is engaged in the production of flour and semolina. Its products include smeed fella and extra.

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