American Green (American Green) Days Payable : 384.56 (As of Jun. 2023)

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What is American Green Days Payable?

American Green's average Accounts Payable for the six months ended in Jun. 2023 was $1.04 Mil. American Green's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.99 Mil. Hence, American Green's Days Payable for the six months ended in Jun. 2023 was 192.28.

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

ERBB' s Days Payable Range Over the Past 10 Years
Min: 384.56 Med: 384.56 Max: 384.56
Current: 384.56

During the past 2 years, American Green's highest Days Payable was 384.56. The lowest was 384.56. And the median was 384.56.

ERBB's Days Payable is ranked better than
91.4% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.3 vs ERBB: 384.56

American Green's Days Payable increased from . 20 (0.00) to Jun. 2023 (384.56). It may suggest that American Green delayed paying its suppliers.

American Green Days Payable Historical Data

The historical data trend for American Green'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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American Green Days Payable Chart

American Green Annual Data

Trend

Jun22

Jun23

Days Payable

384.56

American Green Semi-Annual Data
	Jun22	Jun23
Days Payable	-	384.56

Competitive Comparison of American Green's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, American Green'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.

American Green's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where American Green's Days Payable falls into.

American Green 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.

American Green's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	1.042)	/	1 )	/	0.989	*	365
=	1.042					/	0.989	*	365
=	384.56

American Green's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	1.042)	/	1 )	/	0.989	*	365 / 2
=	1.042					/	0.989	*	365 / 2
=	192.28

American Green Days Payable Related Terms

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American Green (American Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.