Maiden Lane Jewelry (Maiden Lane Jewelry) Days Payable : 166.67 (As of Nov. 2015)

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What is Maiden Lane Jewelry Days Payable?

Maiden Lane Jewelry's average Accounts Payable for the three months ended in Nov. 2015 was $3.12 Mil. Maiden Lane Jewelry's Cost of Goods Sold for the three months ended in Nov. 2015 was $1.71 Mil. Hence, Maiden Lane Jewelry's Days Payable for the three months ended in Nov. 2015 was 166.67.

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

MDNL's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 56.675
* Ranked among companies with meaningful Days Payable only.

Maiden Lane Jewelry's Days Payable increased from Nov. 2014 (106.96) to Nov. 2015 (166.67). It may suggest that Maiden Lane Jewelry delayed paying its suppliers.

Maiden Lane Jewelry Days Payable Historical Data

The historical data trend for Maiden Lane Jewelry'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.

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Maiden Lane Jewelry Days Payable Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

Days Payable

151.63

107.36

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
Days Payable	Get a 7-Day Free Trial								106.96	166.72	132.03	115.56	166.67

Competitive Comparison of Maiden Lane Jewelry's Days Payable

For the Luxury Goods subindustry, Maiden Lane Jewelry'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.

Maiden Lane Jewelry's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maiden Lane Jewelry's Days Payable distribution charts can be found below:

* The bar in red indicates where Maiden Lane Jewelry's Days Payable falls into.

Maiden Lane Jewelry 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.

Maiden Lane Jewelry's Days Payable for the fiscal year that ended in May. 2015 is calculated as

	Days Payable (A: May. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2014 )	+	Accounts Payable (A: May. 2015 ))	/	count )	/	Cost of Goods Sold (A: May. 2015 )	*	Days in Period
=	( (1.896	+	2.009)	/	2 )	/	6.638	*	365
=	1.9525					/	6.638	*	365
=	107.36

Maiden Lane Jewelry's Days Payable for the quarter that ended in Nov. 2015 is calculated as:

	Days Payable (Q: Nov. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2015 )	+	Accounts Payable (Q: Nov. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2015 )	*	Days in Period
=	( (2.93	+	3.313)	/	2 )	/	1.709	*	365 / 4
=	3.1215					/	1.709	*	365 / 4
=	166.67

Maiden Lane Jewelry Days Payable Related Terms

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Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maiden Lane Jewelry Ltd (OTCPK:MDNL) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

64 West 48th Street, Suite 1107, New York, NY, USA, 10036

Website

http://www.myromantique.com

Maiden Lane Jewelry Ltd is engaged in producing engagement rings and other diamond jewelry to retailers across the United States. The company's significant feature consists of ASPIRI collection of bridal engagement rings which includes both a center diamond and setting. In addition, it is also a wholesaler and manufacturer of jewelry which includes pendants, bracelets, and earrings. The company's primary sales contain complete engagement rings with a focus on bridal jewelry featuring uniquely cut stones and settings.

Executives

Michael I Wirth

officer: CEO

1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019

Maiden Lane Jewelry (Maiden Lane Jewelry) Headlines

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