Janel (JANL) Days Payable : 84.00 (As of Dec. 2023)

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What is Janel Days Payable?

Janel's average Accounts Payable for the three months ended in Dec. 2023 was $24.8 Mil. Janel's Cost of Goods Sold for the three months ended in Dec. 2023 was $26.9 Mil. Hence, Janel's Days Payable for the three months ended in Dec. 2023 was 84.00.

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

JANL' s Days Payable Range Over the Past 10 Years
Min: 48.8 Med: 95.57 Max: 132.69
Current: 89.13

During the past 13 years, Janel's highest Days Payable was 132.69. The lowest was 48.80. And the median was 95.57.

JANL's Days Payable is ranked better than
80.34% of 931 companies
in the Transportation industry
Industry Median: 39.25 vs JANL: 89.13

Janel's Days Payable declined from Dec. 2022 (86.95) to Dec. 2023 (84.00). It may suggest that Janel accelerated paying its suppliers.

Janel Days Payable Historical Data

The historical data trend for Janel'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.

Janel Days Payable Chart

Janel Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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119.70

132.69

92.88

59.85

98.25

Janel 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															86.95	90.92	88.79	87.56	84.00

Competitive Comparison of Janel's Days Payable

For the Integrated Freight & Logistics subindustry, Janel'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.

Janel's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Janel's Days Payable distribution charts can be found below:

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

Janel 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.

Janel'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
=	( (44.96	+	25.447)	/	2 )	/	130.777	*	365
=	35.2035					/	130.777	*	365
=	98.25

Janel'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
=	( (25.447	+	24.058)	/	2 )	/	26.89	*	365 / 4
=	24.7525					/	26.89	*	365 / 4
=	84.00

Janel Days Payable Related Terms

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

Janel (JANL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Janel Corp (OTCPK:JANL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Eighth Avenue, New York, NY, USA, 10011

Website

https://www.janelcorp.com

Janel Corp is a holding company. The company's operating segments include Logistics Services, Manufacturing, and Life Sciences. The logistics Services segment is a full-service provider of cargo transportation logistics management services, including freight forwarding via air, ocean, and land-based carriers, customs brokerage services, warehousing, and distribution services. The Manufacturing segment is engaged in manufacturing and distributing industrial mixing equipment and apparatus for specific applications within various industries. The Life Sciences segment manufactures and distributes monoclonal and polyclonal antibodies, diagnostic reagents, and other immunoreagents for biomedical research. It generates maximum revenue from the Logistics Services segment.

Executives

Kesteren Gerard Van	director	80 EIGHTH AVENUE, NEW YORK NY 10011
Gregory B Graves	director	129 CONCORD ROAD, BILLERICA MA 01821
Dominique Schulte	10 percent owner	68 BANK STREET, NEW YORK NY 10014
Brendan James Killackey	director	80 EIGHTH AVENUE, NEW YORK NY 10011
Oaxaca Group L.l.c.	10 percent owner	68 BANK STREET, NEW YORK NY 10014
Vincent Verde	officer: CFO	C/O JANEL CORPORATION, 303 MERRICK ROAD, SUITE 400, LYNBROOK NY 11563
Ryan Karen Miller	director	2260 S ADAMS, DENVER CO 80210
John Eidinger	10 percent owner	80 EIGHTH AVENUE, NEW YORK NY 10011
Gonzalez John Joseph Ii	10 percent owner, officer: SR Managing Director NE Region	7 PARSONS LANDING, ISLIP NY 11751
Gregory J Melsen	director	614 MCKINLEY PLACE NE, MINNEAPOLIS MN 55413
James N Jannello	10 percent owner	303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563
Carlos Pla	officer: CFO	303 MERRICK ROAD, SUITE 400, LYNBROOK NY 11563
Brian Aronson	officer: CFO	745 BOULEVARD EAST, WEEHAWKEN NJ 07086
Nicholas V Ferrara	director	303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563
Philip J Dubato	officer: EVP of Finance	303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563

Janel (JANL) Headlines

From GuruFocus

Director Kesteren Van Acquires 3,000 Shares of Janel Corp (JANL)

By GuruFocus Research • 02-29-2024