IFMK (iFresh) Days Payable: 41.15 (As of Dec. 2020)

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IFMK iFresh Inc IFMK
16 GF Score
Price $0.00
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What is iFresh Days Payable?

iFresh IFMK 16 Days Payable is 41.15 as of Dec. 2020. GuruFocus rates IFMK with a GF Score™ of 16/100.

iFresh's average Accounts Payable for the three months ended in Dec. 2020 was $8.58 Mil. iFresh's Cost of Goods Sold for the three months ended in Dec. 2020 was $19.02 Mil. Hence, iFresh's Days Payable for the three months ended in Dec. 2020 was 41.15.

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

IFMK's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.94
* Ranked among companies with meaningful Days Payable only.

iFresh's Days Payable declined from Dec. 2019 (62.45) to Dec. 2020 (41.15). It may suggest that iFresh accelerated paying its suppliers.


iFresh Days Payable Historical Data

* Premium members only.

The historical data trend for iFresh'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.

iFresh Days Payable Chart

iFresh Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20
Days Payable
Get a 7-Day Free Trial 0.00 43.82 47.32 51.67 62.46

iFresh Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 62.45 50.48 57.94 41.07 41.15

IFMK vs HWIN, KR: Days Payable Comparison

For the Grocery Stores subindustry, iFresh'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.


iFresh Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, iFresh's Days Payable distribution charts can be found below:

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


IFMK
16GF Score
iFresh Inc IFMK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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iFresh 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.

iFresh's Days Payable for the fiscal year that ended in Mar. 2020 is calculated as

Days Payable (A: Mar. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2019 ) + Accounts Payable (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (14.178 + 10.674) / 2 ) / 72.618*365
=12.426 / 72.618*365
=62.46

iFresh's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable (Q: Dec. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2020 ) + Accounts Payable (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (8.488 + 8.663) / 2 ) / 19.018*365 / 4
=8.5755 / 19.018*365 / 4
=41.15

* 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 41.15 mean?
iFresh (IFMK) has a Days Payable of 41.15 as of Dec. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on iFresh and its competitors.
Is iFresh's Days Payable too high?
iFresh's current Days Payable is 41.15. The Retail - Defensive industry median Days Payable is 43.94. iFresh's value of 41.15 is 6.3% below this industry median. Overall, iFresh has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does iFresh's Days Payable compare to HWIN and KR?
iFresh's Days Payable of 41.15 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.94. iFresh's value of 41.15 is 6.3% 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.94, based on 303 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. iFresh's current Days Payable of 41.15 is 6.3% 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 iFresh and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iFresh's current Days Payable is 41.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFresh stock overvalued right now?
iFresh (IFMK) has a current Days Payable of 41.15. The current Days Payable is 41.15 and 6.3% below the Retail - Defensive industry median of 43.94. iFresh's overall GF Score™ is 16/100. 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 iFresh (IFMK), the current Days Payable is 41.15 as of Dec. 2020. 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.

iFresh Business Description

Address 137-80 Northern Boulevard, 2nd Floor, Flushing, New York, NY, USA, 11354
iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores. The company has two reportable and operating segments: Retail segment and Wholesale segment. It offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. The company generates a majority of its revenue from its retail segment.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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