AVRW (Avenir Wellness Solutions) Days Payable: 6,172.41 (As of Sep. 2024)


AVRW Avenir Wellness Solutions Inc AVRW
12 GF Score
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What is Avenir Wellness Solutions Days Payable?

Avenir Wellness Solutions AVRW -99.50% 12 Days Payable is 6,172.41 as of Sep. 2024. GuruFocus rates AVRW with a GF Score™ of 12/100.

Avenir Wellness Solutions's average Accounts Payable for the three months ended in Sep. 2024 was $2.37 Mil. Avenir Wellness Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.04 Mil. Hence, Avenir Wellness Solutions's Days Payable for the three months ended in Sep. 2024 was 6,172.41.

The historical rank and industry rank for Avenir Wellness Solutions's Days Payable or its related term are showing as below:

AVRW's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 43.885
* Ranked among companies with meaningful Days Payable only.

Avenir Wellness Solutions's Days Payable increased from Sep. 2023 (466.10) to Sep. 2024 (6,172.41). It may suggest that Avenir Wellness Solutions delayed paying its suppliers.

Avenir Wellness Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Avenir Wellness Solutions'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.

Avenir Wellness Solutions Days Payable Chart

Avenir Wellness Solutions Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 1,606.95 575.82 699.64 660.49 518.46

Avenir Wellness Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 466.10 435.98 2,402.11 3,760.13 6,172.41

AVRW vs SHRG, JBS, KHC: Days Payable Comparison

For the Packaged Foods subindustry, Avenir Wellness Solutions'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.

Avenir Wellness Solutions Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Avenir Wellness Solutions's Days Payable falls into.


AVRW
12GF Score
Avenir Wellness Solutions Inc AVRW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Avenir Wellness Solutions 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.

Avenir Wellness Solutions's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.065 + 2.452) / 2 ) / 1.238*365
=1.7585 / 1.238*365
=518.46

Avenir Wellness Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.283 + 2.452) / 2 ) / 0.035*365 / 4
=2.3675 / 0.035*365 / 4
=6,172.41

* 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 6,172.41 mean?
Avenir Wellness Solutions (AVRW) has a Days Payable of 6,172.41 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Avenir Wellness Solutions and its competitors.
Is Avenir Wellness Solutions' Days Payable too high?
Avenir Wellness Solutions' current Days Payable is 6,172.41. The Consumer Packaged Goods industry median Days Payable is 43.89. Avenir Wellness Solutions' value of 6,172.41 is 13965% above this industry median. Overall, Avenir Wellness Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Avenir Wellness Solutions' Days Payable compare to SHRG and JBS?
Avenir Wellness Solutions' Days Payable of 6,172.41 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.89. Avenir Wellness Solutions' value of 6,172.41 is 13965% 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 43.89, based on 1,884 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. Avenir Wellness Solutions's current Days Payable of 6,172.41 is 13965% 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 Avenir Wellness Solutions and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avenir Wellness Solutions's current Days Payable is 6,172.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenir Wellness Solutions stock overvalued right now?
Avenir Wellness Solutions (AVRW) has a current Days Payable of 6,172.41. The current Days Payable is 6,172.41 and 13965% above the Consumer Packaged Goods industry median of 43.89. Avenir Wellness Solutions' overall GF Score™ is 12/100. 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 Avenir Wellness Solutions (AVRW), the current Days Payable is 6,172.41 as of Sep. 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.

Avenir Wellness Solutions Business Description

Address 5805 Sepulveda Boulevard, Suite 801, Sherman Oaks, CA, USA, 91411
Avenir Wellness Solutions Inc is a broad wellness platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on approximately 15 patents, offers several immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The company sells its product under the brand names Seratopical, Seratopical Revolution, SeraLabs, and Nutri-Strips.
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