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Brainy Brands Co (Brainy Brands Co) Days Payable : 600.41 (As of Dec. 2010)


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What is Brainy Brands Co Days Payable?

Brainy Brands Co's average Accounts Payable for the six months ended in Dec. 2010 was $0.28 Mil. Brainy Brands Co's Cost of Goods Sold for the six months ended in Dec. 2010 was $0.17 Mil. Hence, Brainy Brands Co's Days Payable for the six months ended in Dec. 2010 was 300.21.

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

TBBC's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 45.6
* Ranked among companies with meaningful Days Payable only.

Brainy Brands Co's Days Payable increased from . 20 (0.00) to Dec. 2010 (600.41). It may suggest that Brainy Brands Co delayed paying its suppliers.

Brainy Brands Co Days Payable Historical Data

The historical data trend for Brainy Brands Co'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.

* Premium members only.

Brainy Brands Co Days Payable Chart

Brainy Brands Co Annual Data
Trend Dec09 Dec10
Days Payable
450.29 600.41

Brainy Brands Co Semi-Annual Data
Dec09 Dec10
Days Payable 450.29 600.41

Competitive Comparison of Brainy Brands Co's Days Payable

For the Farm Products subindustry, Brainy Brands Co'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.

Brainy Brands Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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


Brainy Brands Co 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.

Brainy Brands Co's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

Days Payable (A: Dec. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2009 ) + Accounts Payable (A: Dec. 2010 )) / count ) / Cost of Goods Sold (A: Dec. 2010 )*Days in Period
=( (0.359 + 0.197) / 2 ) / 0.169*365
=0.278 / 0.169*365
=600.41

Brainy Brands Co's Days Payable for the quarter that ended in Dec. 2010 is calculated as:

Days Payable (Q: Dec. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2009 ) + Accounts Payable (Q: Dec. 2010 )) / count ) / Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=( (0.359 + 0.197) / 2 ) / 0.169*365 / 2
=0.278 / 0.169*365 / 2
=300.21

* 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.

Brainy Brands Co Days Payable Related Terms

Thank you for viewing the detailed overview of Brainy Brands Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Brainy Brands Co (Brainy Brands Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Brainy Brands Co Inc (OTCPK:TBBC) » Definitions » Days Payable
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Website
Brainy Brands Company Inc. was incorporated under the laws of the State of Delaware on November 21, 2007 and began activity in 2008.Previously, it was known as Enter Corp. The proposed business plan of the Company is to use innovative agricultural technology and know-how to grow vegetables and other crops, initially in the former Soviet Republic of Georgia, and later in other selected locations. The Company is in the development stage and has yet to realize revenues from operations. It intends to locate a local, joint venture partner to co-invest with them in its pilot project on a 30-hectare plot of land. If it does not locate a local, joint venture partner but do raise funds, it will execute the Pilot Project on its own. It initially intended to conduct a pilot project at a suitable location, which it has found in the town of Natakhtari in Georgia. Its President, Mr. Ayalon, has the experience of setting up farming operations in foreign countries and is capable of hiring local staff and managing them for its farming operations. Since the growing season starts in March in most regions of Georgia, it has missed the 2010 growing season. Hence, 2010 will be dedicated to building its infrastructure and locating the financing it require for its Pilot Project. It intends to advertise in local newspapers in Georgia in order to attract a possible local, joint venture partner. It intends to begin its Pilot Project operation in March 2011. It intends to bring Western know-how and precision farming techniques to its Georgian operations. Precision farming is based on proper soil analysis, proper seed choice, and the use of precise amounts of fertilizer, herbicides and pesticides. The use of drip irrigation plays an important role in precision farming by enabling the delivery of exact amounts of water and fertilizer. Additionally, the proper timing of planting, harvesting, fertilizer and pest control are all part of what is known as "precision farming techniques". Precision farming helps improve crop yields, because it is a scientific method that treats each crop individually. The Pilot Project's main focus is to prove its ability to produce vegetables for the local market. It hopes to locate a distributor that will supply its produce to local retailers and local wholesalers who will purchase its produce.