Vitality Products (TSXV:VPI) Days Payable : 222.59 (As of Oct. 2023)

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What is Vitality Products Days Payable?

Vitality Products's average Accounts Payable for the three months ended in Oct. 2023 was C$0.16 Mil. Vitality Products's Cost of Goods Sold for the three months ended in Oct. 2023 was C$0.07 Mil. Hence, Vitality Products's Days Payable for the three months ended in Oct. 2023 was 222.59.

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

TSXV:VPI' s Days Payable Range Over the Past 10 Years
Min: 15.21 Med: 325.02 Max: 11304.57
Current: 280.69

During the past 13 years, Vitality Products's highest Days Payable was 11304.57. The lowest was 15.21. And the median was 325.02.

TSXV:VPI's Days Payable is ranked better than
95.86% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.59 vs TSXV:VPI: 280.69

Vitality Products's Days Payable declined from Oct. 2022 (272.28) to Oct. 2023 (222.59). It may suggest that Vitality Products accelerated paying its suppliers.

Vitality Products Days Payable Historical Data

The historical data trend for Vitality Products'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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Vitality Products Days Payable Chart

Vitality Products Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Payable

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220.00

234.96

284.70

323.19

326.84

Vitality Products Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial															272.28	378.04	279.01	272.03	222.59

Competitive Comparison of Vitality Products's Days Payable

For the Packaged Foods subindustry, Vitality Products'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.

Vitality Products's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Vitality Products's Days Payable falls into.

Vitality Products 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.

Vitality Products's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0.225	+	0.169)	/	2 )	/	0.22	*	365
=	0.197					/	0.22	*	365
=	326.84

Vitality Products's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.167	+	0.155)	/	2 )	/	0.066	*	365 / 4
=	0.161					/	0.066	*	365 / 4
=	222.59

Vitality Products Days Payable Related Terms

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Vitality Products (TSXV:VPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vitality Products Inc (TSXV:VPI) » Definitions » Days Payable

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VPRIF:USA

Address

837 West Hastings Street, Suite 304, Vancouver, BC, CAN, V6C 3N6

Website

https://www.vitality.ca

Vitality Products Inc is in the business of manufacturing, marketing, and distributing natural health products, including vitamins, minerals, and nutritional supplements. Its product portfolio comprises Digest+, Power Iron + Organic Spirulina, Time Release B60 Complete + C, Time Release Super Multi+, and others. Its geographical segments include Canada and the United States, of which the majority of the revenue is generated in Canada.

Vitality Products (TSXV:VPI) Headlines

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