BRAIN Biotech AG (XTER:BNN) Days Payable : 67.93 (As of Mar. 2024)

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What is BRAIN Biotech AG Days Payable?

BRAIN Biotech AG's average Accounts Payable for the three months ended in Mar. 2024 was €4.49 Mil. BRAIN Biotech AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €6.04 Mil. Hence, BRAIN Biotech AG's Days Payable for the three months ended in Mar. 2024 was 67.93.

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

XTER:BNN' s Days Payable Range Over the Past 10 Years
Min: 70.88 Med: 85.07 Max: 102.42
Current: 72.7

During the past 9 years, BRAIN Biotech AG's highest Days Payable was 102.42. The lowest was 70.88. And the median was 85.07.

XTER:BNN's Days Payable is ranked better than
61.13% of 1500 companies
in the Chemicals industry
Industry Median: 60.475 vs XTER:BNN: 72.70

BRAIN Biotech AG's Days Payable increased from Mar. 2023 (61.25) to Mar. 2024 (67.93). It may suggest that BRAIN Biotech AG delayed paying its suppliers.

BRAIN Biotech AG Days Payable Historical Data

The historical data trend for BRAIN Biotech AG'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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BRAIN Biotech AG Days Payable Chart

BRAIN Biotech AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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76.36

81.46

75.98

87.56

89.55

BRAIN Biotech AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															61.25	67.32	77.26	91.67	67.93

Competitive Comparison of BRAIN Biotech AG's Days Payable

For the Specialty Chemicals subindustry, BRAIN Biotech AG'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.

BRAIN Biotech AG's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BRAIN Biotech AG's Days Payable distribution charts can be found below:

* The bar in red indicates where BRAIN Biotech AG's Days Payable falls into.

BRAIN Biotech AG 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.

BRAIN Biotech AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (6.754	+	5.617)	/	2 )	/	25.213	*	365
=	6.1855					/	25.213	*	365
=	89.55

BRAIN Biotech AG's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	4.494)	/	1 )	/	6.037	*	365 / 4
=	4.494					/	6.037	*	365 / 4
=	67.93

BRAIN Biotech AG Days Payable Related Terms

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BRAIN Biotech AG (XTER:BNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » BRAIN Biotech AG (XTER:BNN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BNN:Germany BNN:Germany BNN:Germany

Address

Darmstadter Strasse 34-36, Zwingenberg, BW, DEU, 64673

Website

https://www.brain-biotech.com

BRAIN Biotech AG is a technology company in the field of industrial biotechnology. It serves the chemical and consumer goods industries. The company develops novel biological ingredients such as enzymes, biocatalysts, and bioactive natural compounds. The company's segments include, BioProducts, BioScience and BioIncubator. Majority of the revenue is generated from its BioProducts segment which comprises of the product business with enzymes and other proteins for specific segments of the food industry. Geographically, the company generates majority of the revenue from United States of America and also has presence in other markets such as, Germany, France, United Kingdom and Netherlands.

Executives

Dr. Michael Majerus	Supervisory Board
Dr. Georg Kellinghusen	Supervisory Board
Michael Schneiders	Board of Directors
Adriaan Moelker	Board of Directors
Lukas Linnig	Board of Directors

BRAIN Biotech AG (XTER:BNN) Headlines

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