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

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What is Better For You Wellness Days Payable?

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 Range Over the Past 10 Years
Min: 7796.81 Med: 36317.5 Max: 136875
Current: 18072.71

During the past 13 years, Better For You Wellness's highest Days Payable was 136875.00. The lowest was 7796.81. And the median was 36317.50.

BFYW's Days Payable is ranked better than
97.26% of 73 companies
in the Diversified Financial Services industry
Industry Median: 133.09 vs BFYW: 18072.71

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

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.

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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

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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															50,233.13	61,046.25	15,101.88	12,090.63	17,417.34

Competitive Comparison of Better For You Wellness's Days Payable

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's Days Payable Distribution in the 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.

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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

Better For You Wellness Days Payable Related Terms

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Better For You Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Better For You Wellness Inc (OTCPK:BFYW) » Definitions » Days Payable

Comparable Companies

BISA ASPR STRG VHLD GYGC KATX AACT ANSC AAM GATE EQV NETD CCIX KFII CCIR GPAT ALF MBAV GIG BACQ

Traded in Other Exchanges

N/A

Address

1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205

Website

https://www.betterforyouwellness.com

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.

Better For You Wellness Headlines

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