WTER (The Alkaline Water Co) Days Payable: 99.02 (As of Jun. 2023)


WTER The Alkaline Water Co Inc WTER
12 GF Score
Price $0.04
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What is The Alkaline Water Co Days Payable?

The Alkaline Water Co WTER -21.82% 12 Days Payable is 99.02 as of Jun. 2023. GuruFocus rates WTER with a GF Score™ of 12/100.

The Alkaline Water Co's average Accounts Payable for the three months ended in Jun. 2023 was $12.11 Mil. The Alkaline Water Co's Cost of Goods Sold for the three months ended in Jun. 2023 was $11.16 Mil. Hence, The Alkaline Water Co's Days Payable for the three months ended in Jun. 2023 was 99.02.

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

WTER's Days Payable is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 58.47
* Ranked among companies with meaningful Days Payable only.

The Alkaline Water Co's Days Payable increased from Jun. 2022 (76.19) to Jun. 2023 (99.02). It may suggest that The Alkaline Water Co delayed paying its suppliers.

The Alkaline Water Co Days Payable Historical Data

* Premium members only.

The historical data trend for The Alkaline Water Co'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.

The Alkaline Water Co Days Payable Chart

The Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.94 59.90 76.78 70.37 77.22

The Alkaline Water Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 76.19 69.70 95.51 99.17 99.02

WTER vs PSCBF, ASII, REED: Days Payable Comparison

For the Beverages - Non-Alcoholic subindustry, The Alkaline Water Co'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.

The Alkaline Water Co Days Payable vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Alkaline Water Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Alkaline Water Co's Days Payable falls into.


WTER
12GF Score
The Alkaline Water Co Inc WTER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Alkaline Water Co 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.

The Alkaline Water Co's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (10.442 + 11.616) / 2 ) / 52.131*365
=11.029 / 52.131*365
=77.22

The Alkaline Water Co's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (11.616 + 12.609) / 2 ) / 11.162*365 / 4
=12.1125 / 11.162*365 / 4
=99.02

* 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 99.02 mean?
The Alkaline Water Co (WTER) has a Days Payable of 99.02 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The Alkaline Water Co and its competitors.
Is The Alkaline Water Co's Days Payable too high?
The Alkaline Water Co's current Days Payable is 99.02. The Beverages - Non-Alcoholic industry median Days Payable is 58.47. The Alkaline Water Co's value of 99.02 is 69.4% above this industry median. Overall, The Alkaline Water Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Alkaline Water Co's Days Payable compare to PSCBF and ASII?
The Alkaline Water Co's Days Payable of 99.02 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Days Payable is 58.47. The Alkaline Water Co's value of 99.02 is 69.4% 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 - Non-Alcoholic company?
The median Days Payable among Beverages - Non-Alcoholic companies is 58.47, based on 114 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. The Alkaline Water Co's current Days Payable of 99.02 is 69.4% 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 The Alkaline Water Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Days Payable is 58.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Alkaline Water Co's current Days Payable is 99.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Alkaline Water Co stock overvalued right now?
The Alkaline Water Co (WTER) has a current Days Payable of 99.02. The current Days Payable is 99.02 and 69.4% above the Beverages - Non-Alcoholic industry median of 58.47. The Alkaline Water Co's overall GF Score™ is 12/100. 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 The Alkaline Water Co (WTER), the current Days Payable is 99.02 as of Jun. 2023. 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.

The Alkaline Water Co Business Description

Address 8541 E. Anderson Drive, Suite 100/101, Scottsdale, AZ, USA, 85255
The Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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