Kona Gold Beverage (Kona Gold Beverage) Days Payable : 0.00 (As of Sep. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Kona Gold Beverage Days Payable?

Kona Gold Beverage's average Accounts Payable for the three months ended in Sep. 2023 was $0.00 Mil. Kona Gold Beverage's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.50 Mil. Hence, Kona Gold Beverage's Days Payable for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Kona Gold Beverage's Days Payable or its related term are showing as below:

KGKG' s Days Payable Range Over the Past 10 Years
Min: 6.25 Med: 72.44 Max: 129.62
Current: 129.62

During the past 6 years, Kona Gold Beverage's highest Days Payable was 129.62. The lowest was 6.25. And the median was 72.44.

KGKG's Days Payable is ranked better than
68.89% of 974 companies
in the Drug Manufacturers industry
Industry Median: 89.345 vs KGKG: 129.62

Kona Gold Beverage's Days Payable declined from Sep. 2022 (98.92) to Sep. 2023 (0.00). It may suggest that Kona Gold Beverage accelerated paying its suppliers.

Kona Gold Beverage Days Payable Historical Data

The historical data trend for Kona Gold Beverage'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.

* Premium members only.

Kona Gold Beverage Days Payable Chart

Kona Gold Beverage Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

63.23

6.25

92.92

72.44

101.54

Kona Gold Beverage Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															98.92	131.13	127.49	-	-

Competitive Comparison of Kona Gold Beverage's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Kona Gold Beverage'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.

Kona Gold Beverage's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kona Gold Beverage's Days Payable distribution charts can be found below:

* The bar in red indicates where Kona Gold Beverage's Days Payable falls into.

Kona Gold Beverage 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.

Kona Gold Beverage's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.541	+	1.379)	/	2 )	/	3.451	*	365
=	0.96					/	3.451	*	365
=	101.54

Kona Gold Beverage's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.501	*	365 / 4
=	0					/	0.501	*	365 / 4
=	0.00

Kona Gold Beverage Days Payable Related Terms

Thank you for viewing the detailed overview of Kona Gold Beverage's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kona Gold Beverage (Kona Gold Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kona Gold Beverage Inc (OTCPK:KGKG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

746 North Drive, Suite A, Melbourne, FL, USA, 32934

Website

https://www.konagoldhemp.com

Kona Gold Beverage Inc is a United States-based lifestyle hemp company. The company specializes in developing hemp and CBD products in the functional beverage and fitness markets. The company focuses on the hemp energy drink, low-carb and low-calorie lemonade, and CBD water markets. It generates maximum revenue from retail products.

Executives

Lori A Radcliffe	officer: CFO	1356 GEM CIR, ROCKLEDGE FL 32955
Christopher Selinger	officer: VP OF SALES	11 BELLWOOD FARM LANE, GREENVILLE SC 29607
Matthew R Crystal	director	4937 PASADENA WAY, BROOMFIELD CO 80023
William Jeffrey Outlaw	director	8512 MEADOW VIEW LANE, BAHAMA NC 27503
Robert Clark	director, 10 percent owner, officer: CEO	7823 DESMOND AVE, MELBOURNE FL 32940