VAGNF (Vegano Foods) Days Payable: 0.00 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Vegano Foods Days Payable?

Vegano Foods VAGNF -99.97% Days Payable is 0.00 as of Dec. 2023.

Vegano Foods's average Accounts Payable for the three months ended in Dec. 2023 was $0.00 Mil. Vegano Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

The historical rank and industry rank for Vegano Foods's Days Payable or its related term are showing as below:

VAGNF's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.31
* Ranked among companies with meaningful Days Payable only.

Vegano Foods's Days Payable declined from Jun. 2022 (530.91) to Dec. 2023 (0.00). It may suggest that Vegano Foods accelerated paying its suppliers.


Vegano Foods Days Payable Historical Data

* Premium members only.

The historical data trend for Vegano Foods'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.

Vegano Foods Days Payable Chart

Vegano Foods Annual Data
Trend Dec20
Days Payable
0.00

Vegano Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 530.91 25,823.75 0.00 0.00 0.00

VAGNF vs AJYG, SSMTF, RIBT: Days Payable Comparison

For the Packaged Foods subindustry, Vegano Foods'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.


Vegano Foods Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Vegano Foods's Days Payable falls into.



Vegano Foods 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.

Vegano Foods's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( ( + 0.021) / 1 ) / 0*365
=0.021 / 0*365
=N/A

Vegano Foods's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 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?
Vegano Foods (VAGNF) has a Days Payable of 0.00 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vegano Foods and its competitors.
Is Vegano Foods' Days Payable too high?
Vegano Foods' current Days Payable is 0.00.
How does Vegano Foods' Days Payable compare to AJYG and SSMTF?
Vegano Foods' Days Payable of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.31. 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 44.31, based on 1,897 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 Vegano Foods and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vegano Foods'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 Vegano Foods stock overvalued right now?
Vegano Foods (VAGNF) 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 Vegano Foods (VAGNF), the current Days Payable is 0.00 as of Dec. 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.

Vegano Foods Business Description

Address 1040 West Georgia Street, Unit 415, Vancouver, BC, CAN, V6E 4H1
Vegano Foods Inc is plant-based food technology. The Company's principal activity relates to the sales and delivery of vegan meal kits to end customers. The company has built a technology platform to support the ordering and preparation of meal kits and proprietary branded food products, including sauces, proteins, and soups.