CFPI (California Style Palms) Days Payable: 243.69 (As of Sep. 2006)

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What is California Style Palms Days Payable?

California Style Palms CFPI Days Payable is 243.69 as of Sep. 2006.

California Style Palms's average Accounts Payable for the three months ended in Sep. 2006 was $4.96 Mil. California Style Palms's Cost of Goods Sold for the three months ended in Sep. 2006 was $1.86 Mil. Hence, California Style Palms's Days Payable for the three months ended in Sep. 2006 was 243.69.

The historical rank and industry rank for California Style Palms's Days Payable or its related term are showing as below:

CFPI's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.24
* Ranked among companies with meaningful Days Payable only.

California Style Palms's Days Payable increased from Sep. 2005 (147.63) to Sep. 2006 (243.69). It may suggest that California Style Palms delayed paying its suppliers.

California Style Palms Days Payable Historical Data

* Premium members only.

The historical data trend for California Style Palms'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.

California Style Palms Days Payable Chart

California Style Palms Annual Data
Trend Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Mar05
Days Payable
Get a 7-Day Free Trial 100.74 116.14 107.46 79.52 37.47

California Style Palms Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 147.63 118.71 113.46 208.34 243.69

CFPI vs BYIN: Days Payable Comparison

For the Farm Products subindustry, California Style Palms'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.

California Style Palms Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, California Style Palms's Days Payable distribution charts can be found below:

* The bar in red indicates where California Style Palms's Days Payable falls into.


California Style Palms 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.

California Style Palms's Days Payable for the fiscal year that ended in Mar. 2005 is calculated as

Days Payable (A: Mar. 2005 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2003 ) + Accounts Payable (A: Mar. 2005 )) / count ) / Cost of Goods Sold (A: Mar. 2005 )*Days in Period
=( (0.659 + 1.058) / 2 ) / 8.362*365
=0.8585 / 8.362*365
=37.47

California Style Palms's Days Payable for the quarter that ended in Sep. 2006 is calculated as:

Days Payable (Q: Sep. 2006 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2006 ) + Accounts Payable (Q: Sep. 2006 )) / count ) / Cost of Goods Sold (Q: Sep. 2006 )*Days in Period
=( (5.441 + 4.472) / 2 ) / 1.856*365 / 4
=4.9565 / 1.856*365 / 4
=243.69

* 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 243.69 mean?
California Style Palms (CFPI) has a Days Payable of 243.69 as of Sep. 2006. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on California Style Palms and its competitors.
Is California Style Palms' Days Payable too high?
California Style Palms' current Days Payable is 243.69. The Consumer Packaged Goods industry median Days Payable is 44.24. California Style Palms' value of 243.69 is 450.8% above this industry median.
How does California Style Palms' Days Payable compare to BYIN?
California Style Palms' Days Payable of 243.69 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.24. California Style Palms' value of 243.69 is 450.8% 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 44.24, based on 1,902 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. California Style Palms's current Days Payable of 243.69 is 450.8% 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 California Style Palms and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Style Palms's current Days Payable is 243.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Style Palms stock overvalued right now?
California Style Palms (CFPI) has a current Days Payable of 243.69. The current Days Payable is 243.69 and 450.8% above the Consumer Packaged Goods industry median of 44.24. 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 California Style Palms (CFPI), the current Days Payable is 243.69 as of Sep. 2006. 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.

California Style Palms Business Description

Address 349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.