Branchout Food (Branchout Food) Days Payable : 15.53 (As of Dec. 2023)

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What is Branchout Food Days Payable?

Branchout Food's average Accounts Payable for the three months ended in Dec. 2023 was $0.28 Mil. Branchout Food's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.67 Mil. Hence, Branchout Food's Days Payable for the three months ended in Dec. 2023 was 15.53.

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

BOF' s Days Payable Range Over the Past 10 Years
Min: 25.02 Med: 51.9 Max: 104.2
Current: 38.72

During the past 4 years, Branchout Food's highest Days Payable was 104.20. The lowest was 25.02. And the median was 51.90.

BOF's Days Payable is ranked worse than
59.34% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs BOF: 38.72

Branchout Food's Days Payable declined from Dec. 2022 (518.98) to Dec. 2023 (15.53). It may suggest that Branchout Food accelerated paying its suppliers.

Branchout Food Days Payable Historical Data

The historical data trend for Branchout Food'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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Branchout Food Days Payable Chart

Branchout Food Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

25.02

62.38

104.20

41.41

Branchout Food Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						518.98	478.10	104.82	21.96	15.53

Competitive Comparison of Branchout Food's Days Payable

For the Packaged Foods subindustry, Branchout Food'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.

Branchout Food's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Branchout Food's Days Payable falls into.

Branchout Food 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.

Branchout Food's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.28	+	0.383)	/	2 )	/	2.922	*	365
=	0.3315					/	2.922	*	365
=	41.41

Branchout Food's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.184	+	0.383)	/	2 )	/	1.666	*	365 / 4
=	0.2835					/	1.666	*	365 / 4
=	15.53

Branchout Food Days Payable Related Terms

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Branchout Food (Branchout Food) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Branchout Food inc (NAS:BOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 SE Davis Avenue, Suite C, Bend, OR, USA, 97702

Website

https://www.branchoutfood.com

Branchout Food inc is an international food-tech company delivering truly extraordinary natural snacks and real superfood ingredients enabled by Its new, licensed dehydration technology. BranchOut licensed the rights to a new dehydration technology designed for drying and processing sensitive fruits and vegetables such as avocados, bananas and others. Its products include BranchOut Snacks, BranchOut Powders and BranchOut Industrial Ingredients.

Executives

John Dalfonsi	director	205 SE DAVIS AVE, SUITE C, BEND OR 97702
Eric Healy	director, officer: CEO	205 SE DAVIS AVE, SUITE C, BEND OR 97702
David Richard Israel	director	205 SE DAVIS AVE, SUITE C, BEND OR 97702
Greg Somerville	director	205 SE DAVIS AVE, SUITE C, BEND OR 97702