RLBD (Real Brands) Days Payable: 0.00 (As of Mar. 2024)


What is Real Brands Days Payable?

Real Brands RLBD -90.00% Days Payable is 0.00 as of Mar. 2024.

Real Brands's average Accounts Payable for the three months ended in Mar. 2024 was $0.14 Mil. Real Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

RLBD's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

Real Brands's Days Payable declined from Mar. 2023 (1,477.74) to Mar. 2024 (0.00). It may suggest that Real Brands accelerated paying its suppliers.

Real Brands Days Payable Historical Data

* Premium members only.

The historical data trend for Real Brands'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.

Real Brands Days Payable Chart

Real Brands Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 14,893.59 360.84 6,622.14 515.29

Real Brands Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,477.74 2,256.16 1,039.67 0.00 0.00

RLBD vs NTRR, KOAN, CNNC: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Real Brands'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.

Real Brands Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Real Brands's Days Payable distribution charts can be found below:

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


Real Brands 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.

Real Brands'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
=( (0.099 + 0.141) / 2 ) / 0.085*365
=0.12 / 0.085*365
=515.29

Real Brands's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.141 + 0.131) / 2 ) / 0*365 / 4
=0.136 / 0*365 / 4
=N/A

* 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 0.00 mean?
Real Brands (RLBD) has a Days Payable of 0.00 as of Mar. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Real Brands and its competitors.
Is Real Brands' Days Payable too high?
Real Brands' current Days Payable is 0.00.
How does Real Brands' Days Payable compare to NTRR and KOAN?
Real Brands' Days Payable of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.84, based on 920 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. 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 Real Brands and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Brands's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Brands stock overvalued right now?
Real Brands (RLBD) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Real Brands (RLBD), the current Days Payable is 0.00 as of Mar. 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.

Real Brands Business Description

Address 12 Humbert Street, North Providence, RI, USA, 02991
Real Brands Inc is a publicly traded, vertically integrated, early entrant in the hemp-derived cannabinol (CBD) market that specializes in hemp CBD oil/isolate extraction, wholesaling of CBD oils and isolate, manufacturing, production, and sales of hemp-derived CBD consumer, celebrity brands, and white label products.