Blender Bites (XCNQ:BITE) Days Payable : 135.45 (As of Apr. 2024)

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What is Blender Bites Days Payable?

Blender Bites's average Accounts Payable for the three months ended in Apr. 2024 was C$1.57 Mil. Blender Bites's Cost of Goods Sold for the three months ended in Apr. 2024 was C$1.06 Mil. Hence, Blender Bites's Days Payable for the three months ended in Apr. 2024 was 135.45.

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

XCNQ:BITE' s Days Payable Range Over the Past 10 Years
Min: 32.48 Med: 120.65 Max: 184.98
Current: 160.58

During the past 13 years, Blender Bites's highest Days Payable was 184.98. The lowest was 32.48. And the median was 120.65.

XCNQ:BITE's Days Payable is ranked better than
91.72% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 45.93 vs XCNQ:BITE: 160.58

Blender Bites's Days Payable declined from Apr. 2023 (435.11) to Apr. 2024 (135.45). It may suggest that Blender Bites accelerated paying its suppliers.

Blender Bites Days Payable Historical Data

The historical data trend for Blender Bites'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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Blender Bites Days Payable Chart

Blender Bites Annual Data

Trend

Nov14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Oct21

Oct22

Oct23

Days Payable

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184.98

67.58

173.71

Blender Bites Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Days Payable	Get a 7-Day Free Trial															435.11	172.65	129.78	361.29	135.45

Competitive Comparison of Blender Bites's Days Payable

For the Packaged Foods subindustry, Blender Bites'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.

Blender Bites's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Blender Bites's Days Payable distribution charts can be found below:

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

Blender Bites 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.

Blender Bites's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (0.688	+	1.802)	/	2 )	/	2.616	*	365
=	1.245					/	2.616	*	365
=	173.71

Blender Bites's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

	Days Payable (Q: Apr. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2024 )	+	Accounts Payable (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (1.611	+	1.527)	/	2 )	/	1.057	*	365 / 4
=	1.569					/	1.057	*	365 / 4
=	135.45

Blender Bites Days Payable Related Terms

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