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Vodka Brands (Vodka Brands) Days Payable : 301.13 (As of Dec. 2018)


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What is Vodka Brands Days Payable?

Vodka Brands's average Accounts Payable for the three months ended in Dec. 2018 was $0.03 Mil. Vodka Brands's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.01 Mil. Hence, Vodka Brands's Days Payable for the three months ended in Dec. 2018 was 301.13.

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

VDKB's Days Payable is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 78.36
* Ranked among companies with meaningful Days Payable only.

Vodka Brands's Days Payable declined from Dec. 2016 (474.50) to Dec. 2018 (301.13). It may suggest that Vodka Brands accelerated paying its suppliers.

Vodka Brands Days Payable Historical Data

The historical data trend for Vodka 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.

* Premium members only.

Vodka Brands Days Payable Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
42.94 283.89 481.60 738.69 325.54

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 474.50 612.68 787.03 456.25 301.13

Competitive Comparison of Vodka Brands's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Vodka 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.

Vodka Brands's Days Payable Distribution in the Beverages - Alcoholic Industry

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

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


Vodka 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.

Vodka Brands's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.03 + 0.036) / 2 ) / 0.037*365
=0.033 / 0.037*365
=325.54

Vodka Brands's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2017 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.03 + 0.036) / 2 ) / 0.01*365 / 4
=0.033 / 0.01*365 / 4
=301.13

* 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.

Vodka Brands Days Payable Related Terms

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

Vodka Brands (Vodka Brands) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vodka Brands Corp (OTCPK:VDKB) » Definitions » Days Payable
Comparable Companies
TSXV:DWS JCTG BOM:533320 OSTO:MACK B HKSE:00389 LSE:GUS BOM:507205 HKSE:08509 EAST BORN HKSE:01389 BOM:507435 BOM:531879 WVVI ASX:AWY BOM:530305 XSGO:EMILIANA XKLS:5188 BOM:538771 XKRX:023150
Traded in Other Exchanges
N/A
Address
510 Roslyn Place, Pittsburgh, PA, USA, 15232
Website
http://www.bestvodkabrands.com
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.