RTON (Right On Brands) Days Payable: 0.00 (As of Dec. 2024)


What is Right On Brands Days Payable?

Right On Brands RTON Days Payable is 0.00 as of Dec. 2024.

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

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

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

Right On Brands's Days Payable declined from Mar. 2023 (59.91) to Dec. 2024 (0.00). It may suggest that Right On Brands accelerated paying its suppliers.

Right On Brands Days Payable Historical Data

* Premium members only.

The historical data trend for Right On 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.

Right On Brands Days Payable Chart

Right On Brands Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.71 104.29 755.61 60.29 46.05

Right On Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Dec24
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 59.91 38.02 53.34 50.50 0.00

RTON vs BDPT, NBND, BSFC: Days Payable Comparison

For the Packaged Foods subindustry, Right On 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.

Right On Brands Days Payable vs Consumer Packaged Goods Industry

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

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


Right On 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.

Right On Brands's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.057 + 0.077) / 2 ) / 0.531*365
=0.067 / 0.531*365
=46.05

Right On Brands's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.088 + 0.189) / 2 ) / 0*365 / 4
=0.1385 / 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?
Right On Brands (RTON) has a Days Payable of 0.00 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Right On Brands and its competitors.
Is Right On Brands' Days Payable too high?
Right On Brands' current Days Payable is 0.00.
How does Right On Brands' Days Payable compare to BDPT and NBND?
Right On Brands' Days Payable of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.89. 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. 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 Right On Brands 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. Right On 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 Right On Brands stock overvalued right now?
Right On Brands (RTON) 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 Right On Brands (RTON), the current Days Payable is 0.00 as of Dec. 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.

Right On Brands Business Description

Address 6501 Dalrock Road, Suite 100, Rowlett, TX, USA, 75089
Right On Brands Inc is engaged in the sale of health and wellness products. The company offers health and wellness products, focused on the hemp marketplace, through online and in-person retail sales.