MNKA (Manuka) Days Payable: 6,671.39 (As of Sep. 2023)


What is Manuka Days Payable?

Manuka MNKA Days Payable is 6,671.39 as of Sep. 2023.

Manuka's average Accounts Payable for the three months ended in Sep. 2023 was $0.66 Mil. Manuka's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Manuka's Days Payable for the three months ended in Sep. 2023 was 6,671.39.

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

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

Manuka's Days Payable increased from . 20 (0.00) to Sep. 2023 (6,671.39). It may suggest that Manuka delayed paying its suppliers.

Manuka Days Payable Historical Data

* Premium members only.

The historical data trend for Manuka'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.

Manuka Days Payable Chart

Manuka Annual Data
Trend
Days Payable

Manuka Quarterly Data
Jun22 Sep22 Jun23 Sep23
Days Payable 0.00 0.00 4,576.54 6,671.39

MNKA vs PURE, SNBH, TANH: Days Payable Comparison

For the Household & Personal Products subindustry, Manuka'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.

Manuka Days Payable vs Consumer Packaged Goods Industry

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

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


Manuka 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.

Manuka's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Manuka's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.652 + 0.664) / 2 ) / 0.009*365 / 4
=0.658 / 0.009*365 / 4
=6,671.39

* 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 6,671.39 mean?
Manuka (MNKA) has a Days Payable of 6,671.39 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manuka and its competitors.
Is Manuka's Days Payable too high?
Manuka's current Days Payable is 6,671.39. The Consumer Packaged Goods industry median Days Payable is 43.89. Manuka's value of 6,671.39 is 15102% above this industry median.
How does Manuka's Days Payable compare to PURE and SNBH?
Manuka's Days Payable of 6,671.39 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.89. Manuka's value of 6,671.39 is 15102% 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. Manuka's current Days Payable of 6,671.39 is 15102% 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 Manuka 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. Manuka's current Days Payable is 6,671.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manuka stock overvalued right now?
Manuka (MNKA) has a current Days Payable of 6,671.39. The current Days Payable is 6,671.39 and 15102% 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 Manuka (MNKA), the current Days Payable is 6,671.39 as of Sep. 2023. 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.

Manuka Business Description

Address 3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507
Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on Manuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with Manuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.