BioStem Technologies (BioStem Technologies) Days Payable : 291.73 (As of Sep. 2023)

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What is BioStem Technologies Days Payable?

BioStem Technologies's average Accounts Payable for the three months ended in Sep. 2023 was $0.98 Mil. BioStem Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.31 Mil. Hence, BioStem Technologies's Days Payable for the three months ended in Sep. 2023 was 291.73.

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

BSEM' s Days Payable Range Over the Past 10 Years
Min: 143.07 Med: 263.55 Max: 4254.7
Current: 578.2

During the past 13 years, BioStem Technologies's highest Days Payable was 4254.70. The lowest was 143.07. And the median was 263.55.

BSEM's Days Payable is ranked better than
77.62% of 724 companies
in the Biotechnology industry
Industry Median: 148.12 vs BSEM: 578.20

BioStem Technologies's Days Payable increased from Mar. 2022 (213.91) to Sep. 2023 (291.73). It may suggest that BioStem Technologies delayed paying its suppliers.

BioStem Technologies Days Payable Historical Data

The historical data trend for BioStem Technologies'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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BioStem Technologies Days Payable Chart

BioStem Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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275.27

143.07

186.24

155.28

251.82

BioStem Technologies Quarterly Data
	Sep15	Dec15	Dec16	Dec17	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															213.91	-	416.10	612.10	291.73

Competitive Comparison of BioStem Technologies's Days Payable

For the Biotechnology subindustry, BioStem Technologies'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.

BioStem Technologies's Days Payable Distribution in the Biotechnology Industry

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

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

BioStem Technologies 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.

BioStem Technologies's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.647	+	0.57)	/	2 )	/	0.882	*	365
=	0.6085					/	0.882	*	365
=	251.82

BioStem Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.785	+	1.178)	/	2 )	/	0.307	*	365 / 4
=	0.9815					/	0.307	*	365 / 4
=	291.73

BioStem Technologies Days Payable Related Terms

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BioStem Technologies (BioStem Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BioStem Technologies Inc (OTCPK:BSEM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2836 Center Port Circle, Pompano Beach, FL, USA, 33064

Website

https://www.biostemtechnologies.com

BioStem Technologies Inc is a regenerative biotechnology company focused on harnessing elements of perinatal tissue and the body's innate biology to repair or reverse damage caused by a broad range of degenerative diseases. Its proprietary approach, Local MicroEnvironment Activation, uses combinations of Small Molecules, Cytokines, and Growth Factors to activate the microenvironment within the body to create communication for repair in the tissue. The Company offers a comprehensive portfolio of high-quality brands that are trademarked and include RHEO, AEON, OROPRO, VENDAJE, VENDAJE AC, and VENDAJE OPTIC.