XFTB (XFit Brands) Days Payable: 98.51 (As of Dec. 2016)


What is XFit Brands Days Payable?

XFit Brands XFTB Days Payable is 98.51 as of Dec. 2016.

XFit Brands's average Accounts Payable for the three months ended in Dec. 2016 was $0.62 Mil. XFit Brands's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.58 Mil. Hence, XFit Brands's Days Payable for the three months ended in Dec. 2016 was 98.51.

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

XFTB's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.37
* Ranked among companies with meaningful Days Payable only.

XFit Brands's Days Payable declined from Dec. 2015 (152.20) to Dec. 2016 (98.51). It may suggest that XFit Brands accelerated paying its suppliers.

XFit Brands Days Payable Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands Days Payable Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Days Payable
59.40 74.26 161.86

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.20 159.81 216.57 244.76 98.51

XFTB vs WESC, QSMG, SCRH: Days Payable Comparison

For the Leisure subindustry, XFit Brands'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.

XFit Brands Days Payable vs Travel & Leisure Industry

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

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


XFit Brands 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.

XFit Brands's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable (A: Jun. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2015 ) + Accounts Payable (A: Jun. 2016 )) / count ) / Cost of Goods Sold (A: Jun. 2016 )*Days in Period
=( (0.446 + 0.73) / 2 ) / 1.326*365
=0.588 / 1.326*365
=161.86

XFit Brands's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable (Q: Dec. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2016 ) + Accounts Payable (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (0.756 + 0.492) / 2 ) / 0.578*365 / 4
=0.624 / 0.578*365 / 4
=98.51

* 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 98.51 mean?
XFit Brands (XFTB) has a Days Payable of 98.51 as of Dec. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on XFit Brands and its competitors.
Is XFit Brands' Days Payable too high?
XFit Brands' current Days Payable is 98.51. The Travel & Leisure industry median Days Payable is 56.37. XFit Brands' value of 98.51 is 74.8% above this industry median.
How does XFit Brands' Days Payable compare to WESC and QSMG?
XFit Brands' Days Payable of 98.51 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.37. XFit Brands' value of 98.51 is 74.8% 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 56.37, 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. XFit Brands's current Days Payable of 98.51 is 74.8% 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 XFit Brands and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XFit Brands's current Days Payable is 98.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Days Payable of 98.51. The current Days Payable is 98.51 and 74.8% above the Travel & Leisure industry median of 56.37. 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 XFit Brands (XFTB), the current Days Payable is 98.51 as of Dec. 2016. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.