RMCF (Rocky Mountain Chocolate Factory) Days Payable : 32.86 (As of Nov. 2024)

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What is Rocky Mountain Chocolate Factory Days Payable?

Rocky Mountain Chocolate Factory's average Accounts Payable for the three months ended in Nov. 2024 was $2.40 Mil. Rocky Mountain Chocolate Factory's Cost of Goods Sold for the three months ended in Nov. 2024 was $6.66 Mil. Hence, Rocky Mountain Chocolate Factory's Days Payable for the three months ended in Nov. 2024 was 32.86.

The historical rank and industry rank for Rocky Mountain Chocolate Factory's Days Payable or its related term are showing as below:

RMCF' s Days Payable Range Over the Past 10 Years
Min: 20.57 Med: 28.2 Max: 44.22
Current: 44.22

During the past 13 years, Rocky Mountain Chocolate Factory's highest Days Payable was 44.22. The lowest was 20.57. And the median was 28.20.

RMCF's Days Payable is ranked worse than
51.35% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 45.44 vs RMCF: 44.22

Rocky Mountain Chocolate Factory's Days Payable declined from Nov. 2023 (40.93) to Nov. 2024 (32.86). It may suggest that Rocky Mountain Chocolate Factory accelerated paying its suppliers.

Rocky Mountain Chocolate Factory Days Payable Historical Data

The historical data trend for Rocky Mountain Chocolate Factory'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.

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Rocky Mountain Chocolate Factory Days Payable Chart

Rocky Mountain Chocolate Factory Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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28.51

37.46

24.83

30.19

43.98

Rocky Mountain Chocolate Factory Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial															40.93	49.21	49.42	51.12	32.86

Competitive Comparison of Rocky Mountain Chocolate Factory's Days Payable

For the Confectioners subindustry, Rocky Mountain Chocolate Factory'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.

Rocky Mountain Chocolate Factory's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Rocky Mountain Chocolate Factory's Days Payable falls into.

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Rocky Mountain Chocolate Factory 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.

Rocky Mountain Chocolate Factory's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (2.19	+	3.41)	/	2 )	/	23.238	*	365
=	2.8					/	23.238	*	365
=	43.98

Rocky Mountain Chocolate Factory's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (2.714	+	2.083)	/	2 )	/	6.66	*	365 / 4
=	2.3985					/	6.66	*	365 / 4
=	32.86

Rocky Mountain Chocolate Factory Days Payable Related Terms

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Rocky Mountain Chocolate Factory Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rocky Mountain Chocolate Factory Inc (NAS:RMCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RMFA:Germany

Address

265 Turner Drive, Durango, CO, USA, 81303

Website

https://www.rmcf.com

Rocky Mountain Chocolate Factory Inc operates as a manufacturer of chocolate candies and confectionery products. The business activity of the firm functions through Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other t. The products of the company include varieties of Clusters, Caramels, Creams, Toffees, Mints, and Truffles.

Executives

Global Value Investment Corp.	10 percent owner	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Geygan Jeffrey Richart Geygan	director	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Bradley Louis Radoff	other: See footnote 1	2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Robert J Sarlls	director, officer: Chief Executive Officer	1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Brett P Seabert	director	265 TURNER DRIVE, DURANGO CO 81303
A Allen Arroyo	officer: CFO	C/O ROCKY MOUNTAIN CHOCOLATE FACTORY, 265 TURNER DRIVE, DURANGO CO 81303
Gvp 2021-a, Llc	other: GVIC-Controlled Entity	1433 N WATER STREET, SUITE 400, MILWAUKEE WI 53202
Gvp 2021-a, L.p.	other: GVIC-Controlled Entity	1433 N WATER STREET, SUITE 400, MILWAUKEE WI 53202
Kathleen Geygan	other: Director of GVIC	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Stacy Wilke	other: Officer of GVIC	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
James Geygan	other: Officer of GVIC	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Mark O Riegel	director	265 TURNER DRIVE, DURANGO CO 81303
Andrew Berger	other: See Explanation of Responses	84 ELM STREET, WESTFIELD NJ 07090
Richard Degnan	other: See footnote 1	2101 FREDRICK DOUGLAS BLVD, NEW YORK NY 10026
Suchit Majmudar	other: See footnote 1	1200 SOUTH GARFIELD STREET, DENVER CO 80210