AVRW (Avenir Wellness Solutions) Days Payable : 6,172.41 (As of Sep. 2024)

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What is Avenir Wellness Solutions Days Payable?

Avenir Wellness Solutions's average Accounts Payable for the three months ended in Sep. 2024 was $2.37 Mil. Avenir Wellness Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.04 Mil. Hence, Avenir Wellness Solutions's Days Payable for the three months ended in Sep. 2024 was 6,172.41.

The historical rank and industry rank for Avenir Wellness Solutions's Days Payable or its related term are showing as below:

AVRW' s Days Payable Range Over the Past 10 Years
Min: 518.46 Med: 699.64 Max: 1606.95
Current: 1351.34

During the past 9 years, Avenir Wellness Solutions's highest Days Payable was 1606.95. The lowest was 518.46. And the median was 699.64.

AVRW's Days Payable is ranked better than
98.35% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 45.79 vs AVRW: 1351.34

Avenir Wellness Solutions's Days Payable increased from Sep. 2023 (466.10) to Sep. 2024 (6,172.41). It may suggest that Avenir Wellness Solutions delayed paying its suppliers.

Avenir Wellness Solutions Days Payable Historical Data

The historical data trend for Avenir Wellness Solutions'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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Avenir Wellness Solutions Days Payable Chart

Avenir Wellness Solutions Annual Data

Trend

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,606.95

575.82

699.64

660.49

518.46

Avenir Wellness Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															466.10	435.98	2,402.11	3,760.13	6,172.41

Competitive Comparison of Avenir Wellness Solutions's Days Payable

For the Packaged Foods subindustry, Avenir Wellness Solutions'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.

Avenir Wellness Solutions's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Avenir Wellness Solutions's Days Payable falls into.

Avenir Wellness Solutions 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.

Avenir Wellness Solutions'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
=	( (1.065	+	2.452)	/	2 )	/	1.238	*	365
=	1.7585					/	1.238	*	365
=	518.46

Avenir Wellness Solutions's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2.283	+	2.452)	/	2 )	/	0.035	*	365 / 4
=	2.3675					/	0.035	*	365 / 4
=	6,172.41

Avenir Wellness Solutions Days Payable Related Terms

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Avenir Wellness Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Avenir Wellness Solutions Inc (OTCPK:AVRW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5805 Sepulveda Boulevard, Suite 801, Sherman Oaks, CA, USA, 91411

Website

https://www.avenirwellness.com

Avenir Wellness Solutions Inc is a broad wellness platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on approximately 15 patents, offers several immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The company sells its product under the brand names Seratopical, Seratopical Revolution, SeraLabs, and Nutri-Strips.

Executives

Robert J Costantino	director	5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Joel M Bennett	officer: CFO,CAO, Treasurer & Secretary	22619 PACIFIC COAST HIGHWAY, MALIBU CA 90265
Gerald Bagg	director	C/O CURE PHARMACEUTICAL HOLDING CORP., 5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Nancy Duitch	officer: Chief Strat Officer-Wellness	15950 ROYAL OAK RD, ENCINO CA 91436
Robert Steven Davidson	director, officer: CEO & Director	5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Jonathan Berlent	officer: Chief Business Officer	1620 BEACON PLACE, OXNARD CA 93033
John K Bell	director	38 FALLBROOK LANE RR 33, CAMBRIDGE A6 N3H 4R8
Anna Goldin	director	1620 BEACON STREET, OXNARD CA 93033
Lauren Chung	director	1620 BEACON STREET, OXNARD CA 93033
Michael Redard	officer: Chief Financial Officer	1620 BEACON PLACE, OXNARD CA 93033
Joshua Held	director	1620 BEACON PLACE, OXNARD CA 93033
Climate Change Investigation, Innovation & Investment Company, Llc	10 percent owner	12 SAN RAFAEL AVE, BELVEDERE CA 94920
Ruben Jr King-shaw	director	1620 BEACON PLACE, OXNARD CA 93033
Gene Z Salkind	director	5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Alex Katz	officer: CFO	1233 FAIRY HILL ROAD, RYDAL PA 19046