VTMB (Vitamin Blue) Days Payable: 313.29 (As of Sep. 2013)


What is Vitamin Blue Days Payable?

Vitamin Blue VTMB -99.00% Days Payable is 313.29 as of Sep. 2013.

Vitamin Blue's average Accounts Payable for the three months ended in Sep. 2013 was $0.10 Mil. Vitamin Blue's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.03 Mil. Hence, Vitamin Blue's Days Payable for the three months ended in Sep. 2013 was 313.29.

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

VTMB's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.32
* Ranked among companies with meaningful Days Payable only.

Vitamin Blue's Days Payable declined from Sep. 2012 (388.80) to Sep. 2013 (313.29). It may suggest that Vitamin Blue accelerated paying its suppliers.

Vitamin Blue Days Payable Historical Data

* Premium members only.

The historical data trend for Vitamin Blue'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.

Vitamin Blue Days Payable Chart

Vitamin Blue Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Days Payable
95.86 126.49 214.33 355.00 469.63

Vitamin Blue Quarterly Data
Dec08 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 Premium Member Only 388.80 552.87 638.75 399.22 313.29

VTMB vs GBBT, BWMG, SCRH: Days Payable Comparison

For the Leisure subindustry, Vitamin Blue'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.

Vitamin Blue Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vitamin Blue's Days Payable distribution charts can be found below:

* The bar in red indicates where Vitamin Blue's Days Payable falls into.


Vitamin Blue 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.

Vitamin Blue's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable (A: Dec. 2012 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2011 ) + Accounts Payable (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (0.085 + 0.108) / 2 ) / 0.075*365
=0.0965 / 0.075*365
=469.63

Vitamin Blue's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable (Q: Sep. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2013 ) + Accounts Payable (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (0.108 + 0.098) / 2 ) / 0.03*365 / 4
=0.103 / 0.03*365 / 4
=313.29

* 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 313.29 mean?
Vitamin Blue (VTMB) has a Days Payable of 313.29 as of Sep. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vitamin Blue and its competitors.
Is Vitamin Blue's Days Payable too high?
Vitamin Blue's current Days Payable is 313.29. The Travel & Leisure industry median Days Payable is 56.32. Vitamin Blue's value of 313.29 is 456.3% above this industry median.
How does Vitamin Blue's Days Payable compare to GBBT and BWMG?
Vitamin Blue's Days Payable of 313.29 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.32. Vitamin Blue's value of 313.29 is 456.3% 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.32, based on 781 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. Vitamin Blue's current Days Payable of 313.29 is 456.3% 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 Vitamin Blue and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitamin Blue's current Days Payable is 313.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitamin Blue stock overvalued right now?
Vitamin Blue (VTMB) has a current Days Payable of 313.29. The current Days Payable is 313.29 and 456.3% above the Travel & Leisure industry median of 56.32. 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 Vitamin Blue (VTMB), the current Days Payable is 313.29 as of Sep. 2013. 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.

Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.