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Armanino Foods of Distinction (Armanino Foods of Distinction) Days Payable : 64.95 (As of Sep. 2023)


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What is Armanino Foods of Distinction Days Payable?

Armanino Foods of Distinction's average Accounts Payable for the three months ended in Sep. 2023 was $7.44 Mil. Armanino Foods of Distinction's Cost of Goods Sold for the three months ended in Sep. 2023 was $10.46 Mil. Hence, Armanino Foods of Distinction's Days Payable for the three months ended in Sep. 2023 was 64.95.

The historical rank and industry rank for Armanino Foods of Distinction's Days Payable or its related term are showing as below:

AMNF' s Days Payable Range Over the Past 10 Years
Min: 22.85   Med: 28.58   Max: 259.79
Current: 259.79

During the past 13 years, Armanino Foods of Distinction's highest Days Payable was 259.79. The lowest was 22.85. And the median was 28.58.

AMNF's Days Payable is ranked better than
95.25% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs AMNF: 259.79

Armanino Foods of Distinction's Days Payable declined from Dec. 2021 (65.99) to Sep. 2023 (64.95). It may suggest that Armanino Foods of Distinction accelerated paying its suppliers.


Armanino Foods of Distinction Days Payable Historical Data

The historical data trend for Armanino Foods of Distinction'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.

Armanino Foods of Distinction Days Payable Chart

Armanino Foods of Distinction Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.85 24.55 25.13 34.48 53.68

Armanino Foods of Distinction Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23
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 65.99 63.50 49.57 54.40 64.95

Competitive Comparison of Armanino Foods of Distinction's Days Payable

For the Packaged Foods subindustry, Armanino Foods of Distinction'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.


Armanino Foods of Distinction's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's Days Payable distribution charts can be found below:

* The bar in red indicates where Armanino Foods of Distinction's Days Payable falls into.



Armanino Foods of Distinction 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.

Armanino Foods of Distinction's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (2.256 + 6.451) / 2 ) / 29.6*365
=4.3535 / 29.6*365
=53.68

Armanino Foods of Distinction'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: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (7.371 + 7.516) / 2 ) / 10.458*365 / 4
=7.4435 / 10.458*365 / 4
=64.95

* 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.


Armanino Foods of Distinction Days Payable Related Terms

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Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Traded in Other Exchanges
N/A
Address
5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.
Executives
Douglas R Nichols director C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling director 426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino director, 10 percent owner, officer: President, CEO & Chairman 30588 SAN ANTONIO STREET, HAYWARD CA 94544

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