Elixinol Wellness (ASX:EXL) Days Payable : 97.23 (As of Dec. 2023)

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What is Elixinol Wellness Days Payable?

Elixinol Wellness's average Accounts Payable for the six months ended in Dec. 2023 was A$1.57 Mil. Elixinol Wellness's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.95 Mil. Hence, Elixinol Wellness's Days Payable for the six months ended in Dec. 2023 was 97.23.

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

ASX:EXL' s Days Payable Range Over the Past 10 Years
Min: 76.46 Med: 95.86 Max: 130.65
Current: 105.76

During the past 6 years, Elixinol Wellness's highest Days Payable was 130.65. The lowest was 76.46. And the median was 95.86.

ASX:EXL's Days Payable is ranked better than
61.04% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs ASX:EXL: 105.76

Elixinol Wellness's Days Payable declined from Dec. 2022 (121.26) to Dec. 2023 (97.23). It may suggest that Elixinol Wellness accelerated paying its suppliers.

Elixinol Wellness Days Payable Historical Data

The historical data trend for Elixinol Wellness'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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Elixinol Wellness Days Payable Chart

Elixinol Wellness Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.98

78.85

130.65

116.57

106.74

Elixinol Wellness Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							148.40	161.20	121.26	117.72	97.23

Competitive Comparison of Elixinol Wellness's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Elixinol Wellness'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.

Elixinol Wellness's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Elixinol Wellness 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.

Elixinol Wellness'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
=	( (1.076	+	1.76)	/	2 )	/	4.849	*	365
=	1.418					/	4.849	*	365
=	106.74

Elixinol Wellness'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.379	+	1.76)	/	2 )	/	2.946	*	365 / 2
=	1.5695					/	2.946	*	365 / 2
=	97.23

Elixinol Wellness Days Payable Related Terms

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Elixinol Wellness (ASX:EXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Elixinol Wellness Ltd (ASX:EXL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ELLXF:USA

Address

680 George Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.elixinolwellness.com

Elixinol Wellness Ltd is engaged in the hemp industry, innovating, marketing, and selling hemp-derived nutraceutical, cosmetic, and food products. It operates in the geographical segments of the Americas, Australia, Europe and other regions of which key revenue is derived from the Americas segment. The Americas segment includes the trading results of Elixinol LLC (Elixinol Americas) and its investments and joint ventures in the US through the manufacture and distribution of hemp-derived cannabidiol products.

Elixinol Wellness (ASX:EXL) Headlines

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