MENB (Mendocino Brewing Co) Days Payable: 84.27 (As of Sep. 2016)


What is Mendocino Brewing Co Days Payable?

Mendocino Brewing Co MENB Days Payable is 84.27 as of Sep. 2016.

Mendocino Brewing Co's average Accounts Payable for the three months ended in Sep. 2016 was $4.28 Mil. Mendocino Brewing Co's Cost of Goods Sold for the three months ended in Sep. 2016 was $4.64 Mil. Hence, Mendocino Brewing Co's Days Payable for the three months ended in Sep. 2016 was 84.27.

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

MENB's Days Payable is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 82.04
* Ranked among companies with meaningful Days Payable only.

Mendocino Brewing Co's Days Payable increased from Sep. 2015 (68.79) to Sep. 2016 (84.27). It may suggest that Mendocino Brewing Co delayed paying its suppliers.

Mendocino Brewing Co Days Payable Historical Data

* Premium members only.

The historical data trend for Mendocino Brewing Co'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.

Mendocino Brewing Co Days Payable Chart

Mendocino Brewing Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.02 79.57 74.98 75.97 79.71

Mendocino Brewing Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 68.79 73.30 83.20 74.49 84.27

MENB vs SRSG: Days Payable Comparison

For the Beverages - Brewers subindustry, Mendocino Brewing Co'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.

Mendocino Brewing Co Days Payable vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Mendocino Brewing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mendocino Brewing Co's Days Payable falls into.


Mendocino Brewing Co 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.

Mendocino Brewing Co's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (4.861 + 4.489) / 2 ) / 21.408*365
=4.675 / 21.408*365
=79.71

Mendocino Brewing Co's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable (Q: Sep. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2016 ) + Accounts Payable (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (4.034 + 4.534) / 2 ) / 4.639*365 / 4
=4.284 / 4.639*365 / 4
=84.27

* 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 84.27 mean?
Mendocino Brewing Co (MENB) has a Days Payable of 84.27 as of Sep. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mendocino Brewing Co and its competitors.
Is Mendocino Brewing Co's Days Payable too high?
Mendocino Brewing Co's current Days Payable is 84.27. The Beverages - Alcoholic industry median Days Payable is 82.04. Mendocino Brewing Co's value of 84.27 is 2.7% above this industry median.
How does Mendocino Brewing Co's Days Payable compare to SRSG?
Mendocino Brewing Co's Days Payable of 84.27 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Payable is 82.04. Mendocino Brewing Co's value of 84.27 is 2.7% 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 82.04, based on 202 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. Mendocino Brewing Co's current Days Payable of 84.27 is 2.7% 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 Mendocino Brewing Co and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 82.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mendocino Brewing Co's current Days Payable is 84.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mendocino Brewing Co stock overvalued right now?
Mendocino Brewing Co (MENB) has a current Days Payable of 84.27. The current Days Payable is 84.27 and 2.7% above the Beverages - Alcoholic industry median of 82.04. 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 Mendocino Brewing Co (MENB), the current Days Payable is 84.27 as of Sep. 2016. 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.

Mendocino Brewing Co Business Description

Address 1601 Airport Road, Ukiah, CA, USA, 95482
Mendocino Brewing Co Inc belongs to the brewing industry. The company produces ales and lagers in its breweries in the United States. It functions through the segments, of brewing, tavern, and tasting room operations. The company's operations in the North American Territory consist of brewing and marketing craft beers. The firm's operations in the Foreign Territory consist of the marketing and distribution of Kingfisher Premium Lager in the Foreign Territory through Indian restaurants, chain retail grocers, liquor stores, and other retail outlets.