GNI Group (FRA:3G6) Days Payable : 106.37 (As of Dec. 2023)

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What is GNI Group Days Payable?

GNI Group's average Accounts Payable for the three months ended in Dec. 2023 was €9.0 Mil. GNI Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €7.7 Mil. Hence, GNI Group's Days Payable for the three months ended in Dec. 2023 was 106.37.

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

FRA:3G6' s Days Payable Range Over the Past 10 Years
Min: 77.41 Med: 102.04 Max: 264.86
Current: 104.24

During the past 13 years, GNI Group's highest Days Payable was 264.86. The lowest was 77.41. And the median was 102.04.

FRA:3G6's Days Payable is ranked worse than
57.88% of 717 companies
in the Biotechnology industry
Industry Median: 147.29 vs FRA:3G6: 104.24

GNI Group's Days Payable increased from Dec. 2022 (89.80) to Dec. 2023 (106.37). It may suggest that GNI Group delayed paying its suppliers.

GNI Group Days Payable Historical Data

The historical data trend for GNI Group'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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GNI Group Days Payable Chart

GNI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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83.11

82.08

90.19

92.93

158.46

GNI Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															89.80	124.15	81.97	66.98	106.37

Competitive Comparison of GNI Group's Days Payable

For the Biotechnology subindustry, GNI Group'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.

GNI Group's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GNI Group's Days Payable distribution charts can be found below:

* The bar in red indicates where GNI Group's Days Payable falls into.

GNI Group 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.

GNI Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (6.644	+	13.15)	/	2 )	/	22.797	*	365
=	9.897					/	22.797	*	365
=	158.46

GNI Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.816	+	13.15)	/	2 )	/	7.706	*	365 / 4
=	8.983					/	7.706	*	365 / 4
=	106.37

GNI Group Days Payable Related Terms

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GNI Group (FRA:3G6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » GNI Group Ltd (FRA:3G6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2160:Japan

Address

Shinjuku Park Tower, 3-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1030

Website

http://www.gnipharma.com

GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.

GNI Group (FRA:3G6) Headlines

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