Agritek Holdings (Agritek Holdings) Days Payable : 0.00 (As of Dec. 2019)

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What is Agritek Holdings Days Payable?

Agritek Holdings's average Accounts Payable for the three months ended in Dec. 2019 was $0.29 Mil. Agritek Holdings's Cost of Goods Sold for the three months ended in Dec. 2019 was $0.00 Mil.

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

AGTK's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 96.91
* Ranked among companies with meaningful Days Payable only.

Agritek Holdings's Days Payable declined from Dec. 2018 (1,959.47) to Dec. 2019 (0.00). It may suggest that Agritek Holdings accelerated paying its suppliers.

Agritek Holdings Days Payable Historical Data

The historical data trend for Agritek Holdings'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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Agritek Holdings Days Payable Chart

Agritek Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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2,523.84

53,229.17

4,676.56

4,038.93

Agritek Holdings Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Days Payable	Get a 7-Day Free Trial															1,959.47	-	-	-	-

Competitive Comparison of Agritek Holdings's Days Payable

For the Real Estate Services subindustry, Agritek Holdings'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.

Agritek Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Agritek Holdings's Days Payable distribution charts can be found below:

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

Agritek Holdings 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.

Agritek Holdings's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (0.261	+	0.263)	/	2 )	/	0	*	365
=	0.262					/	0	*	365
=	N/A

Agritek Holdings's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

	Days Payable (Q: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2019 )	+	Accounts Payable (Q: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
=	( (0.311	+	0.263)	/	2 )	/	0	*	365 / 4
=	0.287					/	0	*	365 / 4
=	N/A

Agritek Holdings Days Payable Related Terms

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Agritek Holdings (Agritek Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agritek Holdings Inc (OTCPK:AGTK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Brickell Avenue, Suite 500, Miami, FL, USA, 33131

Website

http://www.agritekholdings.com

Agritek Holdings Inc is a U.S based fully integrated, active investor and operator in the legal cannabis sector. The company acquires and leases real estate, then leases or sub-leases the real estate to licensed marijuana operators. It is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in three states: Colorado, Washington State, and California as well as Canada and Puerto Rico. The firm invests its capital through real estate holdings, licensing agreements, royalties, and equity in acquisition operations.

Executives

Barry Michael Friedman	director, 10 percent owner, officer: CEO, Secretary	319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401
Barry S Hollander	director, officer: CFO	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Vasan Thatham	other: Former Officer	C/O FRONTLINE COMMUNICATIONS CORP, 1 BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Cole Hatchard Stephen J	director, officer: CEO	C/O FRONTLINE COMMUNICATIONS CORP, ONE BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Miguel Madero	director