Vilacto Bio (Vilacto Bio) Days Payable : 1,425.78 (As of Jun. 2019)

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What is Vilacto Bio Days Payable?

Vilacto Bio's average Accounts Payable for the three months ended in Jun. 2019 was $0.06 Mil. Vilacto Bio's Cost of Goods Sold for the three months ended in Jun. 2019 was $0.00 Mil. Hence, Vilacto Bio's Days Payable for the three months ended in Jun. 2019 was 1,425.78.

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

VIBI's Days Payable is not ranked ^*
in the Biotechnology industry.
Industry Median: 148.53
* Ranked among companies with meaningful Days Payable only.

Vilacto Bio's Days Payable increased from Jun. 2018 (0.00) to Jun. 2019 (1,425.78). It may suggest that Vilacto Bio delayed paying its suppliers.

Vilacto Bio Days Payable Historical Data

The historical data trend for Vilacto Bio'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.

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Vilacto Bio Days Payable Chart

Vilacto Bio Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Days Payable

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5,110.00

Vilacto Bio Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Days Payable	Get a 7-Day Free Trial															-	3,878.13	-	5,566.25	1,425.78

Competitive Comparison of Vilacto Bio's Days Payable

For the Biotechnology subindustry, Vilacto Bio'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.

Vilacto Bio's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vilacto Bio's Days Payable distribution charts can be found below:

* The bar in red indicates where Vilacto Bio's Days Payable falls into.

Vilacto Bio 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.

Vilacto Bio's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

	Days Payable (A: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2018 )	+	Accounts Payable (A: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2019 )	*	Days in Period
=	( (0.036	+	0.076)	/	2 )	/	0.004	*	365
=	0.056					/	0.004	*	365
=	5,110.00

Vilacto Bio's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

	Days Payable (Q: Jun. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2019 )	+	Accounts Payable (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (0.076	+	0.049)	/	2 )	/	0.004	*	365 / 4
=	0.0625					/	0.004	*	365 / 4
=	1,425.78

Vilacto Bio Days Payable Related Terms

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Vilacto Bio (Vilacto Bio) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vilacto Bio Inc (GREY:VIBI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fabriksvej 48, Suite 2607, The Seagram Building, Naestved, DNK, 4700

Website

https://www.vilacto.com

Vilacto Bio Inc is a biotech company. It operates a fully patented Lactoactive molecule for treating conditions such as inflammatory diseases, diabetics, psoriasis, and skin issues in different levels. The company is also intended to develop Lactoactive molecule for increasing the quality of its retail and medical skin cream product as well as developing products for medical applications. Its product portfolio includes lotions, skin care creams and gels, lip balms, foot creams and oils, and others.