Verde Bio Holdings (Verde Bio Holdings) Days Payable : 328.21 (As of Jan. 2024)

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What is Verde Bio Holdings Days Payable?

Verde Bio Holdings's average Accounts Payable for the three months ended in Jan. 2024 was $0.22 Mil. Verde Bio Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.06 Mil. Hence, Verde Bio Holdings's Days Payable for the three months ended in Jan. 2024 was 328.21.

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

VBHI' s Days Payable Range Over the Past 10 Years
Min: 256.03 Med: 4051.07 Max: 29291.25
Current: 256.03

During the past 13 years, Verde Bio Holdings's highest Days Payable was 29291.25. The lowest was 256.03. And the median was 4051.07.

VBHI's Days Payable is ranked better than
85.09% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs VBHI: 256.03

Verde Bio Holdings's Days Payable increased from Jan. 2023 (146.00) to Jan. 2024 (328.21). It may suggest that Verde Bio Holdings delayed paying its suppliers.

Verde Bio Holdings Days Payable Historical Data

The historical data trend for Verde Bio Holdings'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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Verde Bio Holdings Days Payable Chart

Verde Bio Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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2,383.24

Verde Bio Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															146.00	171.76	-	-	328.21

Competitive Comparison of Verde Bio Holdings's Days Payable

For the Oil & Gas E&P subindustry, Verde Bio Holdings'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.

Verde Bio Holdings's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Verde Bio Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Verde Bio Holdings's Days Payable falls into.

Verde Bio Holdings 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.

Verde Bio Holdings's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.526	*	365
=	0					/	0.526	*	365
=	0.00

Verde Bio Holdings's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0	+	0.223)	/	1 )	/	0.062	*	365 / 4
=	0.223					/	0.062	*	365 / 4
=	328.21

Verde Bio Holdings Days Payable Related Terms

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Verde Bio Holdings (Verde Bio Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Verde Bio Holdings Inc (OTCPK:VBHI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5750 Genesis Court, Suite 220B, Frisco, TX, USA, 75034

Website

https://www.verdebh.com

Verde Bio HLDGS Inc is a growing United States-based energy company. It is engaged in the acquisition and development of high-probability, lower-risk onshore oil, and gas properties within the United States. The Company focuses on the acquisition and exploitation of upstream energy assets, specifically targeting oil and gas mineral interests, oil and gas royalty interests and select non-operated working interests.

Executives

Scott Cox	director, officer: Chief Executive Officer	5750 GENESIS COURT, SUITE 220B, FRISCO TX 75034
Jesse Keller	director, 10 percent owner, officer: PRESIDENT, CEO, CFO	2296 CAPISTRANO DR, KELOWNA A1 V1V 2A2