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First Graphene (First Graphene) Days Payable : 183.22 (As of Dec. 2023)


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What is First Graphene Days Payable?

First Graphene's average Accounts Payable for the six months ended in Dec. 2023 was $0.13 Mil. First Graphene's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.13 Mil. Hence, First Graphene's Days Payable for the six months ended in Dec. 2023 was 183.22.

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

FGPHF' s Days Payable Range Over the Past 10 Years
Min: 121.24   Med: 1660.54   Max: 15336.08
Current: 121.24

During the past 13 years, First Graphene's highest Days Payable was 15336.08. The lowest was 121.24. And the median was 1660.54.

FGPHF's Days Payable is ranked better than
83.12% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs FGPHF: 121.24

First Graphene's Days Payable declined from Dec. 2022 (314.47) to Dec. 2023 (183.22). It may suggest that First Graphene accelerated paying its suppliers.

First Graphene Days Payable Historical Data

The historical data trend for First Graphene'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.

First Graphene Days Payable Chart

First Graphene Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,929.64 1,669.72 1,637.11 543.76 224.50

First Graphene Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 707.35 171.05 314.47 107.94 183.22

Competitive Comparison of First Graphene's Days Payable

For the Chemicals subindustry, First Graphene'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.

First Graphene's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where First Graphene's Days Payable falls into.


First Graphene 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.

First Graphene's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.289 + 0.176) / 2 ) / 0.378*365
=0.2325 / 0.378*365
=224.50

First Graphene's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.176 + 0.079) / 2 ) / 0.127*365 / 2
=0.1275 / 0.127*365 / 2
=183.22

* 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.

First Graphene Days Payable Related Terms

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First Graphene (First Graphene) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » First Graphene Ltd (OTCPK:FGPHF) » Definitions » Days Payable
Comparable Companies
ASX:ANO ASX:HZR ASX:XRF TSE:4063 SAU:2010 XTER:BAS DOW XKRX:051910 CE SHSE:600989 SZSE:002493 TSE:4091 XKLS:5183 XKRX:086520 XBRU:SYENS TPE:1326 TSE:3407 SZSE:002460 SHSE:600160 SHSE:600426
Traded in Other Exchanges
M11:Germany M11:Germany FGR:Australia
Address
1 Sepia Close, Henderson, WA, AUS, 6166
Website
https://www.firstgraphene.net
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segment includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.