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Beyond Oil (XCNQ:BOIL) Days Payable : 540.03 (As of Dec. 2023)


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What is Beyond Oil Days Payable?

Beyond Oil's average Accounts Payable for the three months ended in Dec. 2023 was C$0.33 Mil. Beyond Oil's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.06 Mil. Hence, Beyond Oil's Days Payable for the three months ended in Dec. 2023 was 540.03.

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

XCNQ:BOIL' s Days Payable Range Over the Past 10 Years
Min: 414.03   Med: 414.03   Max: 1960.49
Current: 1960.49

During the past 3 years, Beyond Oil's highest Days Payable was 1960.49. The lowest was 414.03. And the median was 414.03.

XCNQ:BOIL's Days Payable is ranked better than
98.88% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs XCNQ:BOIL: 1960.49

Beyond Oil's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (540.03). It may suggest that Beyond Oil delayed paying its suppliers.


Beyond Oil Days Payable Historical Data

The historical data trend for Beyond Oil'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.

Beyond Oil Days Payable Chart

Beyond Oil Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
- - 414.03

Beyond Oil Quarterly Data
Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 3,181.31 - 540.03

Competitive Comparison of Beyond Oil's Days Payable

For the Packaged Foods subindustry, Beyond Oil'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.


Beyond Oil's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Oil's Days Payable distribution charts can be found below:

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



Beyond Oil 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.

Beyond Oil'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
=( (0.325 + 0.283) / 2 ) / 0.268*365
=0.304 / 0.268*365
=414.03

Beyond Oil'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
=( (0.368 + 0.283) / 2 ) / 0.055*365 / 4
=0.3255 / 0.055*365 / 4
=540.03

* 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.


Beyond Oil Days Payable Related Terms

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Beyond Oil (XCNQ:BOIL) Business Description

Traded in Other Exchanges
Address
1208 Rosewood Crescent, North Vancouver, Vancouver, BC, CAN, V7P1H4
Beyond Oil Ltd is a food-tech company that has developed a solution to reduce free fatty acid from oil while preserving the oil's quality and nutritional value. The company develops products that extend the usable life of frying oil improve food quality and reduce frying oil costs. It offers FryDay which is an active filter powder that eliminates harmful Free Fatty Acids (FFA) generated in the oil.
Executives
Robert Jalun Kiesman Director, Senior Officer
Jonathan Or Director, Senior Officer

Beyond Oil (XCNQ:BOIL) Headlines