Happy Belly Food Group (STU:W3J) Days Payable : 65.55 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Happy Belly Food Group Days Payable?

Happy Belly Food Group's average Accounts Payable for the three months ended in Dec. 2023 was €0.30 Mil. Happy Belly Food Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.42 Mil. Hence, Happy Belly Food Group's Days Payable for the three months ended in Dec. 2023 was 65.55.

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

STU:W3J' s Days Payable Range Over the Past 10 Years
Min: 61.08 Med: 135.5 Max: 713.99
Current: 78.12

During the past 8 years, Happy Belly Food Group's highest Days Payable was 713.99. The lowest was 61.08. And the median was 135.50.

STU:W3J's Days Payable is ranked better than
74.94% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs STU:W3J: 78.12

Happy Belly Food Group's Days Payable declined from Sep. 2022 (68.85) to Dec. 2023 (65.55). It may suggest that Happy Belly Food Group accelerated paying its suppliers.

Happy Belly Food Group Days Payable Historical Data

The historical data trend for Happy Belly Food Group'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.

Happy Belly Food Group Days Payable Chart

Happy Belly Food Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

196.23

63.64

61.56

Happy Belly Food Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															68.85	56.55	59.87	50.45	65.55

Competitive Comparison of Happy Belly Food Group's Days Payable

For the Packaged Foods subindustry, Happy Belly Food Group'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.

Happy Belly Food Group's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Happy Belly Food Group's Days Payable falls into.

Happy Belly Food Group 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.

Happy Belly Food Group'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
=	( (0.252	+	0.313)	/	2 )	/	1.675	*	365
=	0.2825					/	1.675	*	365
=	61.56

Happy Belly Food Group'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
=	( (0.289	+	0.313)	/	2 )	/	0.419	*	365 / 4
=	0.301					/	0.419	*	365 / 4
=	65.55

Happy Belly Food Group Days Payable Related Terms

Thank you for viewing the detailed overview of Happy Belly Food Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Happy Belly Food Group (STU:W3J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Happy Belly Food Group Inc (STU:W3J) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VGANF:USA W3J:Germany HBFG:Canada

Address

1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6

Website

https://www.happybellyfg.com

Happy Belly Food Group Inc is a quick-serve restaurant and consumer packaged goods wellness company bringing delicious foods and retail brands to customers. The Company has two operating segments which are Consumer product goods and Quick restaurant services. The consumer product goods currently consist of two brands namely, Holy Crap which produces and sells breakfast cereal and related food products, and Lumber Heads which produces and sells snack foods. The Company operates a number of plant-based restaurants namely Yamchops, Heal Lifestyle, and Lettuce Love.

Happy Belly Food Group (STU:W3J) Headlines

No Headlines