Reborn Coffee (Reborn Coffee) Days Payable : 62.23 (As of Dec. 2023)

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What is Reborn Coffee Days Payable?

Reborn Coffee's average Accounts Payable for the three months ended in Dec. 2023 was $0.35 Mil. Reborn Coffee's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.51 Mil. Hence, Reborn Coffee's Days Payable for the three months ended in Dec. 2023 was 62.23.

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

REBN' s Days Payable Range Over the Past 10 Years
Min: 0.39 Med: 21.87 Max: 47.68
Current: 47.05

During the past 5 years, Reborn Coffee's highest Days Payable was 47.68. The lowest was 0.39. And the median was 21.87.

REBN's Days Payable is ranked better than
62.94% of 340 companies
in the Restaurants industry
Industry Median: 38.035 vs REBN: 47.05

Reborn Coffee's Days Payable increased from Dec. 2022 (16.97) to Dec. 2023 (62.23). It may suggest that Reborn Coffee delayed paying its suppliers.

Reborn Coffee Days Payable Historical Data

The historical data trend for Reborn Coffee'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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Reborn Coffee Days Payable Chart

Reborn Coffee Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

0.39

10.99

25.40

21.87

47.68

Reborn Coffee Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial										16.97	25.84	35.79	59.62	62.23

Competitive Comparison of Reborn Coffee's Days Payable

For the Restaurants subindustry, Reborn Coffee'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.

Reborn Coffee's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Reborn Coffee's Days Payable distribution charts can be found below:

* The bar in red indicates where Reborn Coffee's Days Payable falls into.

Reborn Coffee 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.

Reborn Coffee'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
=	( (0.088	+	0.399)	/	2 )	/	1.864	*	365
=	0.2435					/	1.864	*	365
=	47.68

Reborn Coffee'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
=	( (0.298	+	0.399)	/	2 )	/	0.511	*	365 / 4
=	0.3485					/	0.511	*	365 / 4
=	62.23

Reborn Coffee Days Payable Related Terms

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Reborn Coffee (Reborn Coffee) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Reborn Coffee Inc (NAS:REBN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 N. Berry Street, Brea, CA, USA, 92821

Website

https://www.reborncoffee.com

Reborn Coffee Inc is an operator and franchisor of retail locations and kiosks that focus on serving specialty-roasted coffee. The company operates in one reportable segment, consisting of both the wholesale and retail sales of coffee, water, and other beverages.

Executives

Nasim Andy Farouk Muhamad	director	NO 21 JALAN SETIABAKTI 9, BUKIT DAMANSARA, KUALA LUMPUR N8 50490
Jay Kim	director, 10 percent owner, officer: CEO	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jinwoo Kim	officer: Chief Financial Officer	580 N. BERRY STREET, BREA CA 92821
Hannah Goh	director	580 N. BERRY STREET, BREA CA 92821
Dennis R. Egidi	director	580 N. BERRY STREET, BREA CA 92821
Sehan Kim	director	580 N. BERRY STREET, BREA CA 92821
Farooq M. Arjomand	director, 10 percent owner	580 N. BERRY STREET, BREA CA 92821