BFYW (Better For You Wellness) Days Payable: 17,417.34 (As of Aug. 2024)


What is Better For You Wellness Days Payable?

Better For You Wellness BFYW Days Payable is 17,417.34 as of Aug. 2024.

Better For You Wellness's average Accounts Payable for the three months ended in Aug. 2024 was $0.76 Mil. Better For You Wellness's Cost of Goods Sold for the three months ended in Aug. 2024 was $0.00 Mil. Hence, Better For You Wellness's Days Payable for the three months ended in Aug. 2024 was 17,417.34.

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

BFYW's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 72.37
* Ranked among companies with meaningful Days Payable only.

Better For You Wellness's Days Payable declined from Aug. 2023 (50,233.13) to Aug. 2024 (17,417.34). It may suggest that Better For You Wellness accelerated paying its suppliers.

Better For You Wellness Days Payable Historical Data

* Premium members only.

The historical data trend for Better For You Wellness'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.

Better For You Wellness Days Payable Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 136,875.00 7,796.81 36,317.50

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 50,233.13 61,046.25 15,101.88 12,090.63 17,417.34

BFYW vs ALDA, STRG, NXTFF: Days Payable Comparison

For the Shell Companies subindustry, Better For You Wellness'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.

Better For You Wellness Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Days Payable distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Days Payable falls into.


Better For You Wellness 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.

Better For You Wellness's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0.394 + 0.601) / 2 ) / 0.005*365
=0.4975 / 0.005*365
=36,317.50

Better For You Wellness's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

Days Payable (Q: Aug. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2024 ) + Accounts Payable (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (0.724 + 0.803) / 2 ) / 0.004*365 / 4
=0.7635 / 0.004*365 / 4
=17,417.34

* 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 17,417.34 mean?
Better For You Wellness (BFYW) has a Days Payable of 17,417.34 as of Aug. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Better For You Wellness and its competitors.
Is Better For You Wellness' Days Payable too high?
Better For You Wellness' current Days Payable is 17,417.34. The Diversified Financial Services industry median Days Payable is 72.37. Better For You Wellness' value of 17,417.34 is 23967.1% above this industry median.
How does Better For You Wellness' Days Payable compare to ALDA and STRG?
Better For You Wellness' Days Payable of 17,417.34 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 72.37. Better For You Wellness' value of 17,417.34 is 23967.1% 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 72.37, based on 83 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. Better For You Wellness's current Days Payable of 17,417.34 is 23967.1% 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 Better For You Wellness and its competitors. For the Diversified Financial Services industry, the median Days Payable is 72.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Better For You Wellness's current Days Payable is 17,417.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better For You Wellness stock overvalued right now?
Better For You Wellness (BFYW) has a current Days Payable of 17,417.34. The current Days Payable is 17,417.34 and 23967.1% above the Diversified Financial Services industry median of 72.37. 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 Better For You Wellness (BFYW), the current Days Payable is 17,417.34 as of Aug. 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.

Better For You Wellness Business Description

Address 1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.