PACV (Pacific Ventures Group) Days Payable: 70.02 (As of Sep. 2023)

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PACV Pacific Ventures Group Inc PACV
12 GF Score
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What is Pacific Ventures Group Days Payable?

Pacific Ventures Group PACV 12 Days Payable is 70.02 as of Sep. 2023. GuruFocus rates PACV with a GF Score™ of 12/100.

Pacific Ventures Group's average Accounts Payable for the three months ended in Sep. 2023 was $5.04 Mil. Pacific Ventures Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $6.57 Mil. Hence, Pacific Ventures Group's Days Payable for the three months ended in Sep. 2023 was 70.02.

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

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

Pacific Ventures Group's Days Payable increased from Sep. 2022 (38.69) to Sep. 2023 (70.02). It may suggest that Pacific Ventures Group delayed paying its suppliers.


Pacific Ventures Group Days Payable Historical Data

* Premium members only.

The historical data trend for Pacific Ventures Group'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.

Pacific Ventures Group Days Payable Chart

Pacific Ventures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.65 72.24 28.66 30.88 38.20

Pacific Ventures Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 38.69 42.73 55.46 61.83 70.02

PACV vs USCTF, BLPG, HGAS: Days Payable Comparison

For the Food Distribution subindustry, Pacific Ventures Group'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.


Pacific Ventures Group Days Payable vs Retail - Defensive Industry

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

* The bar in red indicates where Pacific Ventures Group's Days Payable falls into.


PACV
12GF Score
Pacific Ventures Group Inc PACV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pacific Ventures Group 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.

Pacific Ventures Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (3.475 + 3.779) / 2 ) / 34.655*365
=3.627 / 34.655*365
=38.20

Pacific Ventures Group'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
=( (4.804 + 5.285) / 2 ) / 6.574*365 / 4
=5.0445 / 6.574*365 / 4
=70.02

* 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 70.02 mean?
Pacific Ventures Group (PACV) has a Days Payable of 70.02 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 Pacific Ventures Group and its competitors.
Is Pacific Ventures Group's Days Payable too high?
Pacific Ventures Group's current Days Payable is 70.02. The Retail - Defensive industry median Days Payable is 43.94. Pacific Ventures Group's value of 70.02 is 59.4% above this industry median. Overall, Pacific Ventures Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pacific Ventures Group's Days Payable compare to USCTF and BLPG?
Pacific Ventures Group's Days Payable of 70.02 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.94. Pacific Ventures Group's value of 70.02 is 59.4% 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 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. Pacific Ventures Group's current Days Payable of 70.02 is 59.4% 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 Pacific Ventures Group 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. Pacific Ventures Group's current Days Payable is 70.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Ventures Group stock overvalued right now?
Pacific Ventures Group (PACV) has a current Days Payable of 70.02. The current Days Payable is 70.02 and 59.4% above the Retail - Defensive industry median of 43.94. Pacific Ventures Group's overall GF Score™ is 12/100. 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 Pacific Ventures Group (PACV), the current Days Payable is 70.02 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.

Pacific Ventures Group Business Description

Address 117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015
Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.
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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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