NoHo (DRNK) Days Payable: 359.93 (As of Jun. 2017)

What is NoHo Days Payable?

NoHo DRNK Days Payable is 359.93 as of Jun. 2017.

NoHo's average Accounts Payable for the three months ended in Jun. 2017 was $0.04 Mil. NoHo's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.01 Mil. Hence, NoHo's Days Payable for the three months ended in Jun. 2017 was 359.93.

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

DRNK's Days Payable is not ranked ^*
in the Chemicals industry.
Industry Median: 59.915
* Ranked among companies with meaningful Days Payable only.

NoHo's Days Payable declined from Dec. 2015 (26,165.94) to Jun. 2017 (359.93). It may suggest that NoHo accelerated paying its suppliers.

NoHo Days Payable Related Terms

NoHo Days Payable Historical Data

* Premium members only.

The historical data trend for NoHo'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.

NoHo Days Payable Chart

NoHo Annual Data

Trend

Oct11

Oct12

Dec13

Dec14

Dec15

Days Payable

0.00

271.26

342.78

1,297.64

NoHo Quarterly Data
	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Dec16	Mar17	Jun17
Days Payable	Get a 7-Day Free Trial															26,165.94	0.00	0.00	1,870.63	359.93

DRNK vs BEVS, MOJO, LBIX: Days Payable Comparison

For the Specialty Chemicals subindustry, NoHo'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.

NoHo Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Days Payable distribution charts can be found below:

* The bar in red indicates where NoHo's Days Payable falls into.

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NoHo 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.

NoHo's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

	Days Payable (A: Dec. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2014 )	+	Accounts Payable (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (0.453	+	0.578)	/	2 )	/	0.145	*	365
=	0.5155					/	0.145	*	365
=	1,297.64

NoHo's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

	Days Payable (Q: Jun. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2017 )	+	Accounts Payable (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (0.026	+	0.045)	/	2 )	/	0.009	*	365 / 4
=	0.0355					/	0.009	*	365 / 4
=	359.93

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 359.93 mean?

NoHo (DRNK) has a Days Payable of 359.93 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on NoHo and its competitors.

Is NoHo's Days Payable too high?

NoHo's current Days Payable is 359.93. The Chemicals industry median Days Payable is 59.92. NoHo's value of 359.93 is 500.7% above this industry median.

How does NoHo's Days Payable compare to BEVS and MOJO?

NoHo's Days Payable of 359.93 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.92. NoHo's value of 359.93 is 500.7% 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 Chemicals company?

The median Days Payable among Chemicals companies is 59.92, based on 1,556 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. NoHo's current Days Payable of 359.93 is 500.7% 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 NoHo and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NoHo's current Days Payable is 359.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NoHo stock overvalued right now?

NoHo (DRNK) has a current Days Payable of 359.93. The current Days Payable is 359.93 and 500.7% above the Chemicals industry median of 59.92. 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 NoHo (DRNK), the current Days Payable is 359.93 as of Jun. 2017. 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.

NoHo Business Description

Industry Basic Materials Chemicals

Comparable Companies BEVS MOJO LBIX KRED FTFT CRVP JSDA TRUU WTER REED LTEA BRFH NBEV CELH PRMW LSDAF RFFRY COT COKE VTSYF

Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102-4397

Website https://www.smogarmor.com

NoHo Inc along with its subsidiaries provides sustainable solutions including carbon capture projects and products that empower individuals, communities, and businesses to act against climate change and embrace eco-friendly lifestyles. Its products include Air Primer which is an Interior and Exterior eco-friendly, low-odor, Zero-VOC, high-quality primer, formulated with natural minerals that attract and neutralize air pollutants and odors, and Breathe is a non-toxic, Zero-VOC, water-based paint, infused with mineral, which attracts and neutralizes harmful air pollutants, and VOCs/Airborne chemicals, including carbon dioxide.