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Biofactory (WAR:BFC) Days Payable : 62.12 (As of Mar. 2024)


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What is Biofactory Days Payable?

Biofactory's average Accounts Payable for the three months ended in Mar. 2024 was zł1.61 Mil. Biofactory's Cost of Goods Sold for the three months ended in Mar. 2024 was zł2.37 Mil. Hence, Biofactory's Days Payable for the three months ended in Mar. 2024 was 62.12.

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

WAR:BFC' s Days Payable Range Over the Past 10 Years
Min: 12.74   Med: 22.32   Max: 62.96
Current: 62.96

During the past 13 years, Biofactory's highest Days Payable was 62.96. The lowest was 12.74. And the median was 22.32.

WAR:BFC's Days Payable is ranked better than
53.93% of 280 companies
in the Forest Products industry
Industry Median: 57.37 vs WAR:BFC: 62.96

Biofactory's Days Payable increased from Mar. 2023 (45.28) to Mar. 2024 (62.12). It may suggest that Biofactory delayed paying its suppliers.


Biofactory Days Payable Historical Data

The historical data trend for Biofactory'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.

Biofactory Days Payable Chart

Biofactory Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.28 22.95 13.69 22.24 46.74

Biofactory 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.28 60.51 - 20.96 62.12

Competitive Comparison of Biofactory's Days Payable

For the Lumber & Wood Production subindustry, Biofactory'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.


Biofactory's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Biofactory's Days Payable distribution charts can be found below:

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



Biofactory 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.

Biofactory'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
=( (0.669 + 1.539) / 2 ) / 8.622*365
=1.104 / 8.622*365
=46.74

Biofactory'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
=( (1.539 + 1.689) / 2 ) / 2.371*365 / 4
=1.614 / 2.371*365 / 4
=62.12

* 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.


Biofactory Days Payable Related Terms

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Biofactory (WAR:BFC) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Kazimierza Wielkiego 21, Biecz, POL, 38340
Biofactory SA produces timber and related products. The company operates in south-eastern Poland and exports to Slovakia, Hungary, Germany, Austria and Sweden.