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


What is Vodka Brands Days Payable?

Vodka Brands VDKB Days Payable is 301.13 as of Dec. 2018.

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: 80.855
* 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

* Premium members only.

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.

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

VDKB vs JCTG, EAST, BORN: Days Payable Comparison

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 Days Payable vs 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 301.13 mean?
Vodka Brands (VDKB) has a Days Payable of 301.13 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vodka Brands and its competitors.
Is Vodka Brands' Days Payable too high?
Vodka Brands' current Days Payable is 301.13. The Beverages - Alcoholic industry median Days Payable is 80.86. Vodka Brands' value of 301.13 is 272.4% above this industry median.
How does Vodka Brands' Days Payable compare to JCTG and EAST?
Vodka Brands' Days Payable of 301.13 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Payable is 80.86. Vodka Brands' value of 301.13 is 272.4% 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.86, based on 202 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. Vodka Brands's current Days Payable of 301.13 is 272.4% 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 Vodka Brands and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodka Brands's current Days Payable is 301.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodka Brands stock overvalued right now?
Vodka Brands (VDKB) has a current Days Payable of 301.13. The current Days Payable is 301.13 and 272.4% above the Beverages - Alcoholic industry median of 80.86. 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 Vodka Brands (VDKB), the current Days Payable is 301.13 as of Dec. 2018. 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.

Vodka Brands Business Description

Address 1 Desiderio Way, McKees Rocks, PA, USA, 15136
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.