IBG (Innovation Beverage Group) Days Payable : 0.00 (As of Dec. 2023)

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What is Innovation Beverage Group Days Payable?

Innovation Beverage Group's average Accounts Payable for the six months ended in Dec. 2023 was $0.00 Mil. Innovation Beverage Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.64 Mil. Hence, Innovation Beverage Group's Days Payable for the six months ended in Dec. 2023 was 0.00.

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

IBG's Days Payable is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 81.155
* Ranked among companies with meaningful Days Payable only.

Innovation Beverage Group's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Innovation Beverage Group Days Payable Historical Data

The historical data trend for Innovation Beverage Group'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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Innovation Beverage Group Days Payable Chart

Innovation Beverage Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

Innovation Beverage Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Innovation Beverage Group's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Innovation Beverage Group'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.

Innovation Beverage Group's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Innovation Beverage Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Innovation Beverage Group's Days Payable falls into.

Innovation Beverage Group 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.

Innovation Beverage Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.094	*	365
=	0					/	1.094	*	365
=	0.00

Innovation Beverage Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.643	*	365 / 2
=	0					/	0.643	*	365 / 2
=	0.00

Innovation Beverage Group Days Payable Related Terms

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Innovation Beverage Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Innovation Beverage Group Ltd (NAS:IBG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Anvil Road, Seven Hills, NSW, AUS, 2147

Website

Innovation Beverage Group Ltd is a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands. The company's focus is on premium and super premium brands.