The Marygold (The Marygold) Days Payable : 85.10 (As of Mar. 2024)

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What is The Marygold Days Payable?

The Marygold's average Accounts Payable for the three months ended in Mar. 2024 was $2.17 Mil. The Marygold's Cost of Goods Sold for the three months ended in Mar. 2024 was $2.32 Mil. Hence, The Marygold's Days Payable for the three months ended in Mar. 2024 was 85.10.

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

MGLD' s Days Payable Range Over the Past 10 Years
Min: 59.66 Med: 86.84 Max: 191.19
Current: 79.49

During the past 13 years, The Marygold's highest Days Payable was 191.19. The lowest was 59.66. And the median was 86.84.

MGLD's Days Payable is ranked better than
52.75% of 472 companies
in the Asset Management industry
Industry Median: 70.635 vs MGLD: 79.49

The Marygold's Days Payable increased from Mar. 2023 (58.41) to Mar. 2024 (85.10). It may suggest that The Marygold delayed paying its suppliers.

The Marygold Days Payable Historical Data

The historical data trend for The Marygold'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.

The Marygold Days Payable Chart

The Marygold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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96.21

86.84

59.66

72.94

69.40

The Marygold 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															58.41	54.49	84.53	92.80	85.10

Competitive Comparison of The Marygold's Days Payable

For the Asset Management subindustry, The Marygold'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.

The Marygold's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Marygold's Days Payable distribution charts can be found below:

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

The Marygold 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.

The Marygold'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
=	( (2.002	+	1.326)	/	2 )	/	8.751	*	365
=	1.664					/	8.751	*	365
=	69.40

The Marygold'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
=	( (1.803	+	2.53)	/	2 )	/	2.323	*	365 / 4
=	2.1665					/	2.323	*	365 / 4
=	85.10

The Marygold Days Payable Related Terms

Thank you for viewing the detailed overview of The Marygold's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

The Marygold (The Marygold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Marygold Companies Inc (AMEX:MGLD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TF8:Germany

Address

120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672

Website

https://www.marygoldandco.net

The Marygold Companies Inc is engaged in identifying and acquiring established, profitable, undervalued companies in diverse sectors, and managing the portfolio to facilitate growth and add value for all stakeholders.

Executives

Scott Allen West	officer: Chief Accounting Officer	12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
James S Alexander	director	C/O THE MARYGOLD COMPANIES, INC., 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
David Wayne Neibert	director, officer: Chief Executive Officer	13652 ACORN CIRCLE, VALLEY CENTER CA 92082
Carolyn M. Yu	officer: Chief Legal Officer	120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
Kathryn D. Rooney	director	2520 EYRE HALL PASS, NEW ALBANY OH 43054
Nicholas Daniel Gerber	director, 10 percent owner, officer: Chief Executive Officer	127 DEVIN ROAD, MORAGA CA 94556
Kelly Anderson	director	C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Stuart P. Crumbaugh	officer: Treasurer/CFO	C/O USCF ETF TRUST, 1999 HARRISON STREET, SUITE 1530, OAKLAND CA 94612
Erin Grogan	director	2721 WAWONA STREET, SAN FRANCISCO CA 94116
Joya Harris	director	150 MAISON PLACE N.W., ATLANTA GA 30303
Derek Jason Mullins	director	C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Tabatha Coffey	director	1019 GLEN ROAD, FORT LEE NJ 07024
Sheila Gerber	10 percent owner	5 HATAMAR ST., BINYAMINA L3 30500
Eliot Gerber	10 percent owner	5 HATAMAR ST., BINYAMINA L3 30500
Gerber Family Irrevocable Trust	10 percent owner	COMMONWEALTH TRUST COMPANY, TRUSTEE, 29 BANCROFT MILLS RD., WILMINGTON DE 19806