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Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Days Payable

: 34.76 (As of Dec. 2023)
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Natural Grocers by Vitamin Cottage's average Accounts Payable for the three months ended in Dec. 2023 was $81 Mil. Natural Grocers by Vitamin Cottage's Cost of Goods Sold for the three months ended in Dec. 2023 was $213 Mil. Hence, Natural Grocers by Vitamin Cottage's Days Payable for the three months ended in Dec. 2023 was 34.76.

The historical rank and industry rank for Natural Grocers by Vitamin Cottage's Days Payable or its related term are showing as below:

NGVC' s Days Payable Range Over the Past 10 Years
Min: 31.02   Med: 34.1   Max: 37.5
Current: 34.18

During the past 13 years, Natural Grocers by Vitamin Cottage's highest Days Payable was 37.50. The lowest was 31.02. And the median was 34.10.

NGVC's Days Payable is ranked worse than
66.02% of 309 companies
in the Retail - Defensive industry
Industry Median: 44.76 vs NGVC: 34.18

Natural Grocers by Vitamin Cottage's Days Payable increased from Dec. 2022 (33.20) to Dec. 2023 (34.76). It may suggest that Natural Grocers by Vitamin Cottage delayed paying its suppliers.


Natural Grocers by Vitamin Cottage Days Payable Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.11 32.04 33.02 32.61 34.08

Natural Grocers by Vitamin Cottage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 33.20 34.37 33.80 33.22 34.76

Competitive Comparison

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage'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.


Natural Grocers by Vitamin Cottage Days Payable Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Days Payable distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's Days Payable falls into.



Natural Grocers by Vitamin Cottage 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.

Natural Grocers by Vitamin Cottage's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (71.283 + 80.675) / 2 ) / 813.637*365
=75.979 / 813.637*365
=34.08

Natural Grocers by Vitamin Cottage'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
=( (80.675 + 81.587) / 2 ) / 212.99*365 / 4
=81.131 / 212.99*365 / 4
=34.76

* 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.


Natural Grocers by Vitamin Cottage Days Payable Related Terms

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Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Business Description

Traded in Other Exchanges
Address
12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, pet care products, books and handouts. The company generates the majority of its revenue from grocery products and dietary supplements and rest from other products.
Executives
Todd Dissinger officer: Chief Financial Officer C/O NATURAL GROCERS BY VITAMIN COTTAGE, 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228
Dyami Isely-parvanta other: 13D Group Member 12612 WEST ALAMEDA PKWY., LAKEWOOD CO 80228
Zephyr Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Elizabeth Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Kemper & Virginia Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Heather C. Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Robert Linnane other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Charles Isely-rice other: 13D Group Member 12612 WEST ALAMEDA PKWY, LAKEWOOD CO 80228
David C. Rooney director 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228
Ritchie K. Isely other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Masala Isely-rice other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Charity Isely other: 13D Group Member 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Sandra Buffa officer: Chief Financial Officer 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Elizabeth Isely director, officer: Executive Vice President 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Kemper Isely director, officer: Chairman & Co-President 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228