Nortem Biogroup (XPAR:MLBIO) Days Payable : 265.45 (As of Dec. 2022)

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What is Nortem Biogroup Days Payable?

Nortem Biogroup's average Accounts Payable for the six months ended in Dec. 2022 was €0.41 Mil. Nortem Biogroup's Cost of Goods Sold for the six months ended in Dec. 2022 was €0.56 Mil. Hence, Nortem Biogroup's Days Payable for the six months ended in Dec. 2022 was 132.73.

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

XPAR:MLBIO' s Days Payable Range Over the Past 10 Years
Min: 125.7 Med: 195.58 Max: 265.45
Current: 265.45

During the past 2 years, Nortem Biogroup's highest Days Payable was 265.45. The lowest was 125.70. And the median was 195.58.

XPAR:MLBIO's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 46.25 vs XPAR:MLBIO: 265.45

Nortem Biogroup's Days Payable increased from . 20 (0.00) to Dec. 2022 (265.45). It may suggest that Nortem Biogroup delayed paying its suppliers.

Nortem Biogroup Days Payable Historical Data

The historical data trend for Nortem Biogroup'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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Nortem Biogroup Days Payable Chart

Nortem Biogroup Annual Data

Trend

Dec21

Dec22

Days Payable

125.70

265.45

Nortem Biogroup Semi-Annual Data
	Dec21	Dec22
Days Payable	125.70	265.45

Competitive Comparison of Nortem Biogroup's Days Payable

For the Packaged Foods subindustry, Nortem Biogroup'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.

Nortem Biogroup's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Nortem Biogroup 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.

Nortem Biogroup'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
=	( (0.405	+	0.411)	/	2 )	/	0.561	*	365
=	0.408					/	0.561	*	365
=	265.45

Nortem Biogroup's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.405	+	0.411)	/	2 )	/	0.561	*	365 / 2
=	0.408					/	0.561	*	365 / 2
=	132.73

Nortem Biogroup Days Payable Related Terms

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Nortem Biogroup (XPAR:MLBIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nortem Biogroup (XPAR:MLBIO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Alexander Humboldt 12B, Polígono Industrial Salinas de Poniente, El Puerto de Santa María, Cadiz, ESP, 11500

Website

https://www.nortembiogroup.com

Nortem Chem SA is engaged in the research, development, innovation and industrialization in the field of biochemistry and biotechnology, as well as the production and sale of products based on biochemical and/or biotechnological processes. It emerged as a biotechnological company in the field of the food and chemical industry, with maximum environmental awareness, concentrating its research and product development efforts on the development of environmentally friendly alternatives from renewable sources and obtaining its own microorganisms (Aspergillus Niger and Yarrowia lipolytica) with outstanding capabilities from adaptation and selection processes, avoiding the use of genetic modification technologies.

Nortem Biogroup (XPAR:MLBIO) Headlines

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