Inventure Foods (Inventure Foods) Days Payable : 81.30 (As of Sep. 2017)

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What is Inventure Foods Days Payable?

Inventure Foods's average Accounts Payable for the three months ended in Sep. 2017 was $21.3 Mil. Inventure Foods's Cost of Goods Sold for the three months ended in Sep. 2017 was $24.0 Mil. Hence, Inventure Foods's Days Payable for the three months ended in Sep. 2017 was 81.30.

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

SNAK's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 45.62
* Ranked among companies with meaningful Days Payable only.

Inventure Foods's Days Payable declined from Sep. 2016 (122.99) to Sep. 2017 (81.30). It may suggest that Inventure Foods accelerated paying its suppliers.

Inventure Foods Days Payable Historical Data

The historical data trend for Inventure Foods'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.

Inventure Foods Days Payable Chart

Inventure Foods Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Payable

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33.31

32.59

27.40

35.85

50.55

Inventure Foods Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Payable	Get a 7-Day Free Trial															122.99	16.23	61.45	57.36	81.30

Competitive Comparison of Inventure Foods's Days Payable

For the Packaged Foods subindustry, Inventure Foods'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.

Inventure Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Inventure Foods's Days Payable falls into.

Inventure Foods 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.

Inventure Foods's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (35.983	+	29.462)	/	2 )	/	236.253	*	365
=	32.7225					/	236.253	*	365
=	50.55

Inventure Foods's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

	Days Payable (Q: Sep. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2017 )	+	Accounts Payable (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (25.959	+	16.72)	/	2 )	/	23.951	*	365 / 4
=	21.3395					/	23.951	*	365 / 4
=	81.30

Inventure Foods Days Payable Related Terms

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Inventure Foods (Inventure Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inventure Foods Inc (NAS:SNAK) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Website

http://www.inventurefoods.com

Inventure Foods Inc develops, produces markets and distributes snack food products and frozen berry products. The Company operates in two segments: frozen products and snack products.

Executives

Luther Jr King	10 percent owner	5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
King Luther Capital Management Corp	10 percent owner	301 COMMERCE SUITE 1600, FORT WORTH TX 76102
John Bryan King	10 percent owner	301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Investment Partnership, L.p.	10 percent owner	301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc	10 percent owner	PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
Lkcm Core Discipline, L.p.	10 percent owner	301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Micro-cap Partnership, L.p.	10 percent owner	301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Harold S Edwards	director	SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Steven R Becker	10 percent owner	5525 NAKOMA DRIVE, DALLAS TX 75209

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