WDKA (Panache Beverage) Days Payable: 216.32 (As of Jun. 2014)


What is Panache Beverage Days Payable?

Panache Beverage WDKA Days Payable is 216.32 as of Jun. 2014.

Panache Beverage's average Accounts Payable for the three months ended in Jun. 2014 was $1.16 Mil. Panache Beverage's Cost of Goods Sold for the three months ended in Jun. 2014 was $0.49 Mil. Hence, Panache Beverage's Days Payable for the three months ended in Jun. 2014 was 216.32.

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

WDKA's Days Payable is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 80.855
* Ranked among companies with meaningful Days Payable only.

Panache Beverage's Days Payable increased from Jun. 2013 (112.33) to Jun. 2014 (216.32). It may suggest that Panache Beverage delayed paying its suppliers.

Panache Beverage Days Payable Historical Data

* Premium members only.

The historical data trend for Panache Beverage'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.

Panache Beverage Days Payable Chart

Panache Beverage Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Payable
Get a 7-Day Free Trial 292.00 182.50 109.96 143.67 163.58

Panache Beverage Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 112.33 403.44 231.83 213.71 216.32

WDKA vs CMHZ, BORNY, THST: Days Payable Comparison

For the Beverages - Wineries & Distilleries subindustry, Panache Beverage'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.

Panache Beverage Days Payable vs Beverages - Alcoholic Industry

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

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


Panache Beverage 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.

Panache Beverage's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (1.055 + 1.219) / 2 ) / 2.537*365
=1.137 / 2.537*365
=163.58

Panache Beverage's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable (Q: Jun. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2014 ) + Accounts Payable (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (1.198 + 1.13) / 2 ) / 0.491*365 / 4
=1.164 / 0.491*365 / 4
=216.32

* 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 216.32 mean?
Panache Beverage (WDKA) has a Days Payable of 216.32 as of Jun. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Panache Beverage and its competitors.
Is Panache Beverage's Days Payable too high?
Panache Beverage's current Days Payable is 216.32. The Beverages - Alcoholic industry median Days Payable is 80.86. Panache Beverage's value of 216.32 is 167.5% above this industry median.
How does Panache Beverage's Days Payable compare to CMHZ and BORNY?
Panache Beverage's Days Payable of 216.32 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Payable is 80.86. Panache Beverage's value of 216.32 is 167.5% 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. Panache Beverage's current Days Payable of 216.32 is 167.5% 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 Panache Beverage 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. Panache Beverage's current Days Payable is 216.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panache Beverage stock overvalued right now?
Panache Beverage (WDKA) has a current Days Payable of 216.32. The current Days Payable is 216.32 and 167.5% 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 Panache Beverage (WDKA), the current Days Payable is 216.32 as of Jun. 2014. 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.

Panache Beverage Business Description

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.