MVRK (Maverick Lifestyle) Days Payable: 31.75 (As of Sep. 2024)


What is Maverick Lifestyle Days Payable?

Maverick Lifestyle MVRK Days Payable is 31.75 as of Sep. 2024.

Maverick Lifestyle's average Accounts Payable for the three months ended in Sep. 2024 was $0.12 Mil. Maverick Lifestyle's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.34 Mil. Hence, Maverick Lifestyle's Days Payable for the three months ended in Sep. 2024 was 31.75.

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

MVRK's Days Payable is not ranked *
in the Tobacco Products industry.
Industry Median: 54
* Ranked among companies with meaningful Days Payable only.

Maverick Lifestyle's Days Payable declined from Jun. 2023 (39.04) to Sep. 2024 (31.75). It may suggest that Maverick Lifestyle accelerated paying its suppliers.

Maverick Lifestyle Days Payable Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Days Payable Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
0.00 218.20 237.81 62.84

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 39.04 37.85 49.77 0.00 31.75

MVRK vs : Days Payable Comparison

For the Tobacco subindustry, Maverick Lifestyle'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.

Maverick Lifestyle Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Maverick Lifestyle's Days Payable distribution charts can be found below:

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


Maverick Lifestyle 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.

Maverick Lifestyle'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
=( (0.129 + 0.101) / 2 ) / 0.668*365
=0.115 / 0.668*365
=62.84

Maverick Lifestyle's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.076 + 0.162) / 2 ) / 0.342*365 / 4
=0.119 / 0.342*365 / 4
=31.75

* 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 31.75 mean?
Maverick Lifestyle (MVRK) has a Days Payable of 31.75 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Days Payable too high?
Maverick Lifestyle's current Days Payable is 31.75. The Tobacco Products industry median Days Payable is 54.00. Maverick Lifestyle's value of 31.75 is 41.2% below this industry median.
How does Maverick Lifestyle's Days Payable compare to ?
Maverick Lifestyle's Days Payable of 31.75 can be compared against companies in the Tobacco Products industry. The industry median Days Payable is 54.00. Maverick Lifestyle's value of 31.75 is 41.2% 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. Maverick Lifestyle's current Days Payable of 31.75 is 41.2% 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 Maverick Lifestyle and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maverick Lifestyle's current Days Payable is 31.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Days Payable of 31.75. The current Days Payable is 31.75 and 41.2% below the Tobacco Products industry median of 54.00. 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 Maverick Lifestyle (MVRK), the current Days Payable is 31.75 as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.