Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Above Food Ingredients's Days Payable or its related term are showing as below:
ABVEF's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.15 * Ranked among companies with meaningful Days Payable only.
* 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.
Above Food Ingredients Days Payable Chart
Above Food Ingredients Annual Data
Trend
Jan22
Jan23
Jan24
Days Payable
66.60
38.75
49.00
Above Food Ingredients Semi-Annual Data
Jan22
Jan23
Jul23
Jan24
Jul24
Days Payable
0.00
0.00
54.29
44.55
102.43
ABVEF vs CTGL, NATR, BHST: Days Payable Comparison
For the Packaged Foods subindustry, Above Food Ingredients'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.
Above Food Ingredients Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Above Food Ingredients's Days Payable distribution charts can be found below:
* The bar in red indicates where Above Food Ingredients's Days Payable falls into.
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.
Above Food Ingredients's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as
* 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.
Above Food Ingredients (ABVEF) has a Days Payable of 102.43 as of Jul. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Above Food Ingredients and its competitors.
Is Above Food Ingredients' Days Payable too high?
Above Food Ingredients' current Days Payable is 102.43. The Consumer Packaged Goods industry median Days Payable is 44.15. Above Food Ingredients' value of 102.43 is 132% above this industry median. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Days Payable compare to CTGL and NATR?
Above Food Ingredients' Days Payable of 102.43 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. Above Food Ingredients' value of 102.43 is 132% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Above Food Ingredients's current Days Payable of 102.43 is 132% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Above Food Ingredients and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Above Food Ingredients's current Days Payable is 102.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Days Payable of 102.43. The current Days Payable is 102.43 and 132% above the Consumer Packaged Goods industry median of 44.15. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Days Payable is 102.43 as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score
Get the complete analysis for ABVEF
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ABVEF has been successfully added to your 
