JOEY (Joey New York) Days Payable: 572.92 (As of May. 2017)

What is Joey New York Days Payable?

Joey New York JOEY Days Payable is 572.92 as of May. 2017.

Joey New York's average Accounts Payable for the three months ended in May. 2017 was $0.44 Mil. Joey New York's Cost of Goods Sold for the three months ended in May. 2017 was $0.07 Mil. Hence, Joey New York's Days Payable for the three months ended in May. 2017 was 572.92.

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

JOEY's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 43.885
* Ranked among companies with meaningful Days Payable only.

Joey New York's Days Payable increased from May. 2016 (0.00) to May. 2017 (572.92). It may suggest that Joey New York delayed paying its suppliers.

Joey New York Days Payable Related Terms

Joey New York Days Payable Historical Data

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The historical data trend for Joey New York'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.

Joey New York Days Payable Chart

Joey New York Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Days Payable

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0.00

279.83

1,253.70

632.15

Joey New York Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17
Days Payable	Get a 7-Day Free Trial															0.00	10,927.19	619.39	461.84	572.92

JOEY vs DEVV, SKVI, TISUQ: Days Payable Comparison

For the Household & Personal Products subindustry, Joey New York'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.

Joey New York Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Joey New York's Days Payable falls into.

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Joey New York 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.

Joey New York's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

	Days Payable (A: Feb. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2016 )	+	Accounts Payable (A: Feb. 2017 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2017 )	*	Days in Period
=	( (0.157	+	0.418)	/	2 )	/	0.166	*	365
=	0.2875					/	0.166	*	365
=	632.15

Joey New York's Days Payable for the quarter that ended in May. 2017 is calculated as:

	Days Payable (Q: May. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2017 )	+	Accounts Payable (Q: May. 2017 ))	/	count )	/	Cost of Goods Sold (Q: May. 2017 )	*	Days in Period
=	( (0.418	+	0.461)	/	2 )	/	0.07	*	365 / 4
=	0.4395					/	0.07	*	365 / 4
=	572.92

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 572.92 mean?

Joey New York (JOEY) has a Days Payable of 572.92 as of May. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Joey New York and its competitors.

Is Joey New York's Days Payable too high?

Joey New York's current Days Payable is 572.92. The Consumer Packaged Goods industry median Days Payable is 43.89. Joey New York's value of 572.92 is 1205.5% above this industry median.

How does Joey New York's Days Payable compare to DEVV and SKVI?

Joey New York's Days Payable of 572.92 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.89. Joey New York's value of 572.92 is 1205.5% 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 43.89, based on 1,884 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. Joey New York's current Days Payable of 572.92 is 1205.5% 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 Joey New York and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joey New York's current Days Payable is 572.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Joey New York stock overvalued right now?

Joey New York (JOEY) has a current Days Payable of 572.92. The current Days Payable is 572.92 and 1205.5% above the Consumer Packaged Goods industry median of 43.89. 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 Joey New York (JOEY), the current Days Payable is 572.92 as of May. 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.

Joey New York Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies DEVV BOM:531211 WAR:MRA SKVI BOM:531663 BSP:HETA4 BOM:523289 TISUQ NGM:SANNA B BOM:530853 BOM:507970 BOM:532034 WAR:4MS WAR:HRP BOM:523120 BOM:541865 XPAR:LEBL WAR:PEX BOM:524136 XPAR:MLSDN

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160

Website http://www.joeynewyork.com

Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.