GCFB (Granite City Food & Brewery) Days Payable: 6.41 (As of Jun. 2017)


What is Granite City Food & Brewery Days Payable?

Granite City Food & Brewery GCFB Days Payable is 6.41 as of Jun. 2017.

Granite City Food & Brewery's average Accounts Payable for the three months ended in Jun. 2017 was $2.2 Mil. Granite City Food & Brewery's Cost of Goods Sold for the three months ended in Jun. 2017 was $31.7 Mil. Hence, Granite City Food & Brewery's Days Payable for the three months ended in Jun. 2017 was 6.41.

The historical rank and industry rank for Granite City Food & Brewery's Days Payable or its related term are showing as below:

GCFB's Days Payable is not ranked *
in the Restaurants industry.
Industry Median: 34.81
* Ranked among companies with meaningful Days Payable only.

Granite City Food & Brewery's Days Payable declined from Jun. 2016 (7.92) to Jun. 2017 (6.41). It may suggest that Granite City Food & Brewery accelerated paying its suppliers.

Granite City Food & Brewery Days Payable Historical Data

* Premium members only.

The historical data trend for Granite City Food & Brewery'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.

Granite City Food & Brewery Days Payable Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.15 14.37 16.18 10.78 8.74

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 7.92 8.09 8.83 7.63 6.41

GCFB vs BDVB, DBUB, GIGL: Days Payable Comparison

For the Restaurants subindustry, Granite City Food & Brewery'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.

Granite City Food & Brewery Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's Days Payable distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's Days Payable falls into.


Granite City Food & Brewery 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.

Granite City Food & Brewery's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (3.053 + 3.175) / 2 ) / 130.049*365
=3.114 / 130.049*365
=8.74

Granite City Food & Brewery'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
=( (2.306 + 2.147) / 2 ) / 31.685*365 / 4
=2.2265 / 31.685*365 / 4
=6.41

* 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 6.41 mean?
Granite City Food & Brewery (GCFB) has a Days Payable of 6.41 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 Granite City Food & Brewery and its competitors.
Is Granite City Food & Brewery's Days Payable too high?
Granite City Food & Brewery's current Days Payable is 6.41. The Restaurants industry median Days Payable is 34.81. Granite City Food & Brewery's value of 6.41 is 81.6% below this industry median.
How does Granite City Food & Brewery's Days Payable compare to BDVB and DBUB?
Granite City Food & Brewery's Days Payable of 6.41 can be compared against companies in the Restaurants industry. The industry median Days Payable is 34.81. Granite City Food & Brewery's value of 6.41 is 81.6% below 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 Restaurants company?
The median Days Payable among Restaurants companies is 34.81, based on 353 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. Granite City Food & Brewery's current Days Payable of 6.41 is 81.6% below 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 Granite City Food & Brewery and its competitors. For the Restaurants industry, the median Days Payable is 34.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite City Food & Brewery's current Days Payable is 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite City Food & Brewery stock overvalued right now?
Granite City Food & Brewery (GCFB) has a current Days Payable of 6.41. The current Days Payable is 6.41 and 81.6% below the Restaurants industry median of 34.81. 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 Granite City Food & Brewery (GCFB), the current Days Payable is 6.41 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.

Granite City Food & Brewery Business Description

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.