Zero Gravity Solutions (Zero Gravity Solutions) Days Payable : 47,495.63 (As of Sep. 2019)

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What is Zero Gravity Solutions Days Payable?

Zero Gravity Solutions's average Accounts Payable for the three months ended in Sep. 2019 was $0.52 Mil. Zero Gravity Solutions's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.00 Mil. Hence, Zero Gravity Solutions's Days Payable for the three months ended in Sep. 2019 was 47,495.63.

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

ZGSI's Days Payable is not ranked ^*
in the Agriculture industry.
Industry Median: 75.02
* Ranked among companies with meaningful Days Payable only.

Zero Gravity Solutions's Days Payable increased from Sep. 2018 (19,071.25) to Sep. 2019 (47,495.63). It may suggest that Zero Gravity Solutions delayed paying its suppliers.

Zero Gravity Solutions Days Payable Historical Data

The historical data trend for Zero Gravity Solutions'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.

* Premium members only.

Zero Gravity Solutions Days Payable Chart

Zero Gravity Solutions Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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23,360.00

1,694.64

2,229.36

18,671.15

6,597.38

Zero Gravity Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Payable	Get a 7-Day Free Trial															19,071.25	1,422.67	2,440.09	9,626.88	47,495.63

Competitive Comparison of Zero Gravity Solutions's Days Payable

For the Agricultural Inputs subindustry, Zero Gravity Solutions'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.

Zero Gravity Solutions's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zero Gravity Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Zero Gravity Solutions's Days Payable falls into.

Zero Gravity Solutions 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.

Zero Gravity Solutions's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0.774	+	0.672)	/	2 )	/	0.04	*	365
=	0.723					/	0.04	*	365
=	6,597.38

Zero Gravity Solutions's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

	Days Payable (Q: Sep. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (0.494	+	0.547)	/	2 )	/	0.001	*	365 / 4
=	0.5205					/	0.001	*	365 / 4
=	47,495.63

Zero Gravity Solutions Days Payable Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zero Gravity Solutions Inc (OTCPK:ZGSI) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431

Website

http://www.zerogsi.com

Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.

Executives

Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle	director	6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams	director	2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye	director, officer: Chairman	190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

Zero Gravity Solutions (Zero Gravity Solutions) Headlines

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