VYST (Vystar) Days Payable : 6,529.74 (As of Sep. 2024)

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What is Vystar Days Payable?

Vystar's average Accounts Payable for the three months ended in Sep. 2024 was $1.22 Mil. Vystar's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, Vystar's Days Payable for the three months ended in Sep. 2024 was 6,529.74.

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

VYST' s Days Payable Range Over the Past 10 Years
Min: 88.91 Med: 972.72 Max: 12785.14
Current: 4074.31

During the past 13 years, Vystar's highest Days Payable was 12785.14. The lowest was 88.91. And the median was 972.72.

VYST's Days Payable is ranked better than
99.67% of 1506 companies
in the Chemicals industry
Industry Median: 58.87 vs VYST: 4074.31

Vystar's Days Payable declined from Sep. 2023 (28,187.13) to Sep. 2024 (6,529.74). It may suggest that Vystar accelerated paying its suppliers.

Vystar Days Payable Historical Data

The historical data trend for Vystar'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.

Vystar Days Payable Chart

Vystar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.91

140.02

650.74

1,206.45

3,149.10

Vystar Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															28,187.13	2,236.47	5,685.38	4,705.33	6,529.74

Competitive Comparison of Vystar's Days Payable

For the Specialty Chemicals subindustry, Vystar'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.

Vystar's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vystar's Days Payable distribution charts can be found below:

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

Vystar 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.

Vystar's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.361	+	1.072)	/	2 )	/	0.141	*	365
=	1.2165					/	0.141	*	365
=	3,149.10

Vystar's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.201	+	1.232)	/	2 )	/	0.017	*	365 / 4
=	1.2165					/	0.017	*	365 / 4
=	6,529.74

Vystar Days Payable Related Terms

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Vystar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vystar Corp (OTCPK:VYST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

365 Shrewsbury Street, Worcester, MA, USA, 01604

Website

https://www.vytex.com

Vystar Corp is engaged in the rubber and plastic products market. It develops technology to produce Vytex Natural Rubber Latex which reduces antigenic protein and non-rubbers in natural rubber latex to undetectable levels. The company's products and services include Natural Rubber Latex, and clinical sleep diagnostics and durable medical equipment. The company derives revenue from sales of or license fees of Vytex NRL raw material to manufacturers and distributors of rubber and rubber end products.

Executives

Byron Lee Novosad	other: Board Member	14019 SW FREEWAY, # 301 PMB 181, SUGAR LAND TX 77478
Bryan Lawrence Stone	director	C/O VYSTAR CORPORATION, 101 AYLESBURY RD., WORCESTER MA 01609
Keith D. Osborn	10 percent owner	5671 PEACHTREE-DUNWOODY RD., ATLANTA GA 30342
Paul R. Oristaglio	director	955 COUNTY ROAD, BARRINGTON RI 02806
Steven Rotman	director, officer: Chief Executive Officer	C/O VYSTAR CORPORATION, 101 AYLESBURY RD., WORCESTER MA 01609
Joseph Carmen Allegra	director	C/O VYSTAR CORPORATION, 101 AYLESBURY RD., WORCESTER MA 01609
William R. Doyle	director, officer: Chairman, President & CEO	VYSTAR CORPORATION, 3235 SATELLITE BLVD, BUILDING 400, SUITE 290, DULUTH GA 30096
Joseph Allegra	director	VYSTAR CORPORATION, 3235 SATELLITE BLVD., BUILDING 400, SUITE 290, DULUTH GA 30096
Jason M. Meggs	director	C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Ranjit K. Matthan	director	C/O VYSTAR CORPORATION, 2484 BRIARCLIFF RD NE, SUITE 159, ATLANTA GA 30329
Mangum Michelle (mitsy) Y.	director	VYSTAR CORPORATION, 3235 SATELLITE BLVD, BUILDING 400, SUITE 290, DULUTH GA 30096
Michael X Ianacone	director	C/O VYSTAR CORPORATION, 2484 BRIARCLIFF RD NE, SUITE 159, ATLANTA GA 30329
Thomas L Mills	director	C/O WINSTON & STRAWN,, 1400 L. STREET, N.W, WASHINGTON DC 20005
Paul A. Yeoham	director	C/O VYSTAR CORP., 3235 SATELLITE BLVD., BUILDING 400, SUITE 290, DULUTH GA 30096
Dale Thomas Marsh	director	C/O VYSTAR CORPORATION, 3235 SATELLITE BLVD., BLDG. 400, STE 290, DULUTH GA 30096