SCFFF (Spot Coffee (Canada)) Days Payable: 204.43 (As of Sep. 2023)


What is Spot Coffee (Canada) Days Payable?

Spot Coffee (Canada) SCFFF -90.00% Days Payable is 204.43 as of Sep. 2023.

Spot Coffee (Canada)'s average Accounts Payable for the three months ended in Sep. 2023 was $1.22 Mil. Spot Coffee (Canada)'s Cost of Goods Sold for the three months ended in Sep. 2023 was $0.54 Mil. Hence, Spot Coffee (Canada)'s Days Payable for the three months ended in Sep. 2023 was 204.43.

The historical rank and industry rank for Spot Coffee (Canada)'s Days Payable or its related term are showing as below:

SCFFF's Days Payable is not ranked *
in the Restaurants industry.
Industry Median: 34.94
* Ranked among companies with meaningful Days Payable only.

Spot Coffee (Canada)'s Days Payable declined from Jun. 2022 (268.30) to Sep. 2023 (204.43). It may suggest that Spot Coffee (Canada) accelerated paying its suppliers.

Spot Coffee (Canada) Days Payable Historical Data

* Premium members only.

The historical data trend for Spot Coffee (Canada)'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.

Spot Coffee (Canada) Days Payable Chart

Spot Coffee (Canada) 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 186.64 199.70 442.28 291.39 245.86

Spot Coffee (Canada) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 268.30 305.32 289.14 324.77 204.43

SCFFF vs MCD, SBUX, CMG: Days Payable Comparison

For the Restaurants subindustry, Spot Coffee (Canada)'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.

Spot Coffee (Canada) Days Payable vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Spot Coffee (Canada)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Spot Coffee (Canada)'s Days Payable falls into.


Spot Coffee (Canada) 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.

Spot Coffee (Canada)'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
=( (0.836 + 1.698) / 2 ) / 1.881*365
=1.267 / 1.881*365
=245.86

Spot Coffee (Canada)'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: Mar. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.37 + 1.063) / 2 ) / 0.543*365 / 4
=1.2165 / 0.543*365 / 4
=204.43

* 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 204.43 mean?
Spot Coffee (Canada) (SCFFF) has a Days Payable of 204.43 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 Spot Coffee (Canada) and its competitors.
Is Spot Coffee (Canada)'s Days Payable too high?
Spot Coffee (Canada)'s current Days Payable is 204.43. The Restaurants industry median Days Payable is 34.94. Spot Coffee (Canada)'s value of 204.43 is 485.1% above this industry median.
How does Spot Coffee (Canada)'s Days Payable compare to MCD and SBUX?
Spot Coffee (Canada)'s Days Payable of 204.43 can be compared against companies in the Restaurants industry. The industry median Days Payable is 34.94. Spot Coffee (Canada)'s value of 204.43 is 485.1% 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 Restaurants company?
The median Days Payable among Restaurants companies is 34.94, based on 357 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. Spot Coffee (Canada)'s current Days Payable of 204.43 is 485.1% 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 Spot Coffee (Canada) and its competitors. For the Restaurants industry, the median Days Payable is 34.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spot Coffee (Canada)'s current Days Payable is 204.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spot Coffee (Canada) stock overvalued right now?
Spot Coffee (Canada) (SCFFF) has a current Days Payable of 204.43. The current Days Payable is 204.43 and 485.1% above the Restaurants industry median of 34.94. 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 Spot Coffee (Canada) (SCFFF), the current Days Payable is 204.43 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.

Spot Coffee (Canada) Business Description

Address 130 Queens Quay East, Suite 611, Toronto, ON, CAN, M5A0P6
Spot Coffee (Canada) Ltd has been designing, building and operating company-owned and franchise community cafes in the northeastern United States. SPoT's cafes provide their customers with signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT cafe is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.