Cono Italiano (Cono Italiano) Days Payable : 834.67 (As of Sep. 2013)

View and export this data going back to 2005. Start your Free Trial

What is Cono Italiano Days Payable?

Cono Italiano's average Accounts Payable for the three months ended in Sep. 2013 was $0.16 Mil. Cono Italiano's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.02 Mil. Hence, Cono Italiano's Days Payable for the three months ended in Sep. 2013 was 834.67.

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

CNOZ's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 45.795
* Ranked among companies with meaningful Days Payable only.

Cono Italiano's Days Payable increased from Sep. 2012 (233.49) to Sep. 2013 (834.67). It may suggest that Cono Italiano delayed paying its suppliers.

Cono Italiano Days Payable Historical Data

The historical data trend for Cono Italiano'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.

Cono Italiano Days Payable Chart

Cono Italiano Annual Data

Trend

Nov05

Nov06

Jan08

Jan09

Dec10

Dec11

Dec12

Days Payable

Get a 7-Day Free Trial

420.68

Cono Italiano Quarterly Data
	Oct08	Jan09	Apr09	Jul09	Oct09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Days Payable	Get a 7-Day Free Trial															233.49	4,623.33	702.12	1,240.17	834.67

Competitive Comparison of Cono Italiano's Days Payable

For the Packaged Foods subindustry, Cono Italiano'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.

Cono Italiano's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Cono Italiano's Days Payable falls into.

Cono Italiano 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.

Cono Italiano's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

	Days Payable (A: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2011 )	+	Accounts Payable (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (0.136	+	0.136)	/	2 )	/	0.118	*	365
=	0.136					/	0.118	*	365
=	420.68

Cono Italiano's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

	Days Payable (Q: Sep. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2013 )	+	Accounts Payable (Q: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2013 )	*	Days in Period
=	( (0.158	+	0.153)	/	2 )	/	0.017	*	365 / 4
=	0.1555					/	0.017	*	365 / 4
=	834.67

Cono Italiano Days Payable Related Terms

Thank you for viewing the detailed overview of Cono Italiano's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Cono Italiano (Cono Italiano) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cono Italiano Inc (GREY:CNOZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Main Street, Keyport, NJ, USA, 07735

Website

http://www.conoitaliano.com

Cono Italiano Inc was incorporated in the State of Nevada on September 9, 2004. It is a development stage company. It operates in fast food industry throughout the United States, Canada and Mexico and currently sell them in stadiums, arenas, at universities and through catering companies. Cono Italiano is licensed to distribute a food product called the 'Pizza Cono'. The Company intends to contact food distributors who sell to the restaurant community to distribute the product. The Company will seek to develop relationships with independent commissioned sales representatives throughout the country to sell and market the product to the retail community and specialty customers.

Cono Italiano (Cono Italiano) Headlines

No Headlines