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


What is Agritek Holdings Days Payable?

Agritek Holdings AGTK Days Payable is 0.00 as of Dec. 2019.

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: 94.38
* 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

* Premium members only.

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.

Agritek Holdings Days Payable Chart

Agritek Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,523.84 53,229.17 4,676.56 4,038.93 0.00

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,959.47 0.00 0.00 0.00 0.00

AGTK vs DPWW, PACQF, AOXY: Days Payable Comparison

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 Days Payable vs 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

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Agritek Holdings (AGTK) has a Days Payable of 0.00 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Agritek Holdings and its competitors.
Is Agritek Holdings' Days Payable too high?
Agritek Holdings' current Days Payable is 0.00.
How does Agritek Holdings' Days Payable compare to DPWW and PACQF?
Agritek Holdings' Days Payable of 0.00 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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. 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 Agritek Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agritek Holdings's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agritek Holdings stock overvalued right now?
Agritek Holdings (AGTK) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Agritek Holdings (AGTK), the current Days Payable is 0.00 as of Dec. 2019. 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.

Agritek Holdings Business Description

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