South Beach Spirits (South Beach Spirits) Days Payable : 407.12 (As of Feb. 2018)

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What is South Beach Spirits Days Payable?

South Beach Spirits's average Accounts Payable for the six months ended in Feb. 2018 was $0.12 Mil. South Beach Spirits's Cost of Goods Sold for the six months ended in Feb. 2018 was $0.10 Mil. Hence, South Beach Spirits's Days Payable for the six months ended in Feb. 2018 was 203.56.

The historical rank and industry rank for South Beach Spirits's Days Payable or its related term are showing as below:

SBES's Days Payable is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 81.14
* Ranked among companies with meaningful Days Payable only.

South Beach Spirits's Days Payable increased from Feb. 2016 (0.00) to Feb. 2018 (407.12). It may suggest that South Beach Spirits delayed paying its suppliers.

South Beach Spirits Days Payable Historical Data

The historical data trend for South Beach Spirits'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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South Beach Spirits Days Payable Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Days Payable

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407.12

South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
Days Payable	Get a 7-Day Free Trial			-	-	-	-	407.12

Competitive Comparison of South Beach Spirits's Days Payable

For the Beverages - Wineries & Distilleries subindustry, South Beach Spirits'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.

South Beach Spirits's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, South Beach Spirits's Days Payable distribution charts can be found below:

* The bar in red indicates where South Beach Spirits's Days Payable falls into.

South Beach Spirits 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.

South Beach Spirits's Days Payable for the fiscal year that ended in Feb. 2018 is calculated as

	Days Payable (A: Feb. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2017 )	+	Accounts Payable (A: Feb. 2018 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2018 )	*	Days in Period
=	( (0.116	+	0)	/	1 )	/	0.104	*	365
=	0.116					/	0.104	*	365
=	407.12

South Beach Spirits's Days Payable for the quarter that ended in Feb. 2018 is calculated as:

	Days Payable (Q: Feb. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2017 )	+	Accounts Payable (Q: Feb. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2018 )	*	Days in Period
=	( (0.116	+	0)	/	1 )	/	0.104	*	365 / 2
=	0.116					/	0.104	*	365 / 2
=	203.56

South Beach Spirits Days Payable Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

South Beach Spirits (South Beach Spirits) Headlines

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