GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ginkgo Bioworks Holdings Inc (NYSE:DNA.WS) » Definitions » Days Payable

Ginkgo Bioworks Holdings (Ginkgo Bioworks Holdings) Days Payable : 138.55 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Ginkgo Bioworks Holdings Days Payable?

Ginkgo Bioworks Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $10.04 Mil. Ginkgo Bioworks Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.61 Mil. Hence, Ginkgo Bioworks Holdings's Days Payable for the three months ended in Dec. 2023 was 138.55.

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

DNA.WS' s Days Payable Range Over the Past 10 Years
Min: 16.66   Med: 48.95   Max: 324.83
Current: 88.85

During the past 5 years, Ginkgo Bioworks Holdings's highest Days Payable was 324.83. The lowest was 16.66. And the median was 48.95.

DNA.WS's Days Payable is ranked worse than
61.37% of 717 companies
in the Biotechnology industry
Industry Median: 147.46 vs DNA.WS: 88.85

Ginkgo Bioworks Holdings's Days Payable increased from Dec. 2022 (32.88) to Dec. 2023 (138.55). It may suggest that Ginkgo Bioworks Holdings delayed paying its suppliers.


Ginkgo Bioworks Holdings Days Payable Historical Data

The historical data trend for Ginkgo Bioworks Holdings'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.

Ginkgo Bioworks Holdings Days Payable Chart

Ginkgo Bioworks Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 324.83 31.07 16.66 66.82

Ginkgo Bioworks Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 32.88 65.30 88.75 160.69 138.55

Competitive Comparison of Ginkgo Bioworks Holdings's Days Payable

For the Biotechnology subindustry, Ginkgo Bioworks Holdings'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.


Ginkgo Bioworks Holdings's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ginkgo Bioworks Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ginkgo Bioworks Holdings's Days Payable falls into.



Ginkgo Bioworks Holdings 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.

Ginkgo Bioworks Holdings'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
=( (10.451 + 9.323) / 2 ) / 54.005*365
=9.887 / 54.005*365
=66.82

Ginkgo Bioworks Holdings'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
=( (10.753 + 9.323) / 2 ) / 6.611*365 / 4
=10.038 / 6.611*365 / 4
=138.55

* 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.


Ginkgo Bioworks Holdings Days Payable Related Terms

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


Ginkgo Bioworks Holdings (Ginkgo Bioworks Holdings) Business Description

Traded in Other Exchanges
Address
27 Drydock Avenue, 8th Floor, Boston, MA, USA, 02210
Ginkgo Bioworks Holdings Inc is the platform for cell programming, providing flexible, end-to-end services that solve challenges for organizations across diverse markets, from food and agriculture to pharmaceuticals to industrial and specialty chemicals. The Company reorganized its operations into two operating and reportable segments: Foundry and Biosecurity. The Biosecurity segment generates the majority of revenue.