GHAV (Grand Havana) Days Payable: 827.90 (As of Sep. 2019)


What is Grand Havana Days Payable?

Grand Havana GHAV Days Payable is 827.90 as of Sep. 2019.

Grand Havana's average Accounts Payable for the three months ended in Sep. 2019 was $0.44 Mil. Grand Havana's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.05 Mil. Hence, Grand Havana's Days Payable for the three months ended in Sep. 2019 was 827.90.

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

GHAV's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 43.96
* Ranked among companies with meaningful Days Payable only.

Grand Havana's Days Payable increased from Sep. 2018 (0.00) to Sep. 2019 (827.90). It may suggest that Grand Havana delayed paying its suppliers.


Grand Havana Days Payable Historical Data

* Premium members only.

The historical data trend for Grand Havana'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.

Grand Havana Days Payable Chart

Grand Havana Annual Data
Trend Jun12 Jun13 Jun14 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial 26.95 75.08 168.19 661.78 1,551.25

Grand Havana Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 1,372.26 1,343.58 827.77 827.90

GHAV vs BABB, VATED, NTRU: Days Payable Comparison

For the Packaged Foods subindustry, Grand Havana'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.


Grand Havana Days Payable vs Consumer Packaged Goods Industry

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

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



Grand Havana 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.

Grand Havana's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.374 + 0.391) / 2 ) / 0.09*365
=0.3825 / 0.09*365
=1,551.25

Grand Havana's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.426 + 0.445) / 2 ) / 0.048*365 / 4
=0.4355 / 0.048*365 / 4
=827.90

* 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 827.90 mean?
Grand Havana (GHAV) has a Days Payable of 827.90 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grand Havana and its competitors.
Is Grand Havana's Days Payable too high?
Grand Havana's current Days Payable is 827.90. The Consumer Packaged Goods industry median Days Payable is 43.96. Grand Havana's value of 827.90 is 1783.3% above this industry median.
How does Grand Havana's Days Payable compare to BABB and VATED?
Grand Havana's Days Payable of 827.90 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.96. Grand Havana's value of 827.90 is 1783.3% 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 43.96, based on 1,881 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. Grand Havana's current Days Payable of 827.90 is 1783.3% 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 Grand Havana and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Havana's current Days Payable is 827.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Havana stock overvalued right now?
Grand Havana (GHAV) has a current Days Payable of 827.90. The current Days Payable is 827.90 and 1783.3% above the Consumer Packaged Goods industry median of 43.96. 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 Grand Havana (GHAV), the current Days Payable is 827.90 as of Sep. 2019. 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.

Grand Havana Business Description

Address 6355 NW 36th Street, Suite 309, Miami, FL, USA, 33166
Grand Havana Inc is coffee company which offers a broad array of coffee products and services. Grand Havana is available nationwide and served in companies corporate owned cafes. Grand Havana Cafe, Mobile Coffee Truck and other locations including universities, supermarkets, cafes, convenience stores, hotels, and online marketplaces. also offer a b2b solution that provides coffee product paired with high quality coffee machines, reliable delivery, and timely technical service.