Melodiol Global Health (Melodiol Global Health) Days Payable : 225.75 (As of Dec. 2023)

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What is Melodiol Global Health Days Payable?

Melodiol Global Health's average Accounts Payable for the six months ended in Dec. 2023 was $7.15 Mil. Melodiol Global Health's Cost of Goods Sold for the six months ended in Dec. 2023 was $5.78 Mil. Hence, Melodiol Global Health's Days Payable for the six months ended in Dec. 2023 was 225.75.

The historical rank and industry rank for Melodiol Global Health's Days Payable or its related term are showing as below:

COPHF' s Days Payable Range Over the Past 10 Years
Min: 25.26 Med: 143.19 Max: 685.76
Current: 186.05

During the past 8 years, Melodiol Global Health's highest Days Payable was 685.76. The lowest was 25.26. And the median was 143.19.

COPHF's Days Payable is ranked better than
81.21% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.51 vs COPHF: 186.05

Melodiol Global Health's Days Payable increased from Dec. 2022 (133.08) to Dec. 2023 (225.75). It may suggest that Melodiol Global Health delayed paying its suppliers.

Melodiol Global Health Days Payable Historical Data

The historical data trend for Melodiol Global Health'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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Melodiol Global Health Days Payable Chart

Melodiol Global Health Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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184.62

45.45

26.17

94.16

143.39

Melodiol Global Health Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										55.58	86.55	133.08	188.38	225.75

Competitive Comparison of Melodiol Global Health's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Melodiol Global Health'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.

Melodiol Global Health's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Melodiol Global Health's Days Payable falls into.

Melodiol Global Health 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.

Melodiol Global Health'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
=	( (2.723	+	6)	/	2 )	/	11.102	*	365
=	4.3615					/	11.102	*	365
=	143.39

Melodiol Global Health'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
=	( (8.297	+	6)	/	2 )	/	5.779	*	365 / 2
=	7.1485					/	5.779	*	365 / 2
=	225.75

Melodiol Global Health Days Payable Related Terms

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Melodiol Global Health (Melodiol Global Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Melodiol Global Health Ltd (OTCPK:COPHF) » Definitions » Days Payable

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ME1:Australia

Address

145 Stirling Highway, Suite 5 CPC, Nedlands, WA, AUS, 6009

Website

https://www.cresopharma.com

Melodiol Global Health Ltd is engaged in developing, registering, and commercialization of pharmaceutical-grade cannabis and hemp-based nutraceutical products and treatments for human and animal health. Its brands include Mernova: A licensed producer of cannabis products in Canada for sale under the Ritual brand banner. Sierra Sage Herbs: US-based developer of plant-based, beauty, and personal care brands Green Goo, Southern Butter, and Good Goo. impACTIVE: CBD topical products for athletes. Halucenex: Clinical stage psychedelics research and development operation. Creso Pharma Switzerland: CBD-related research, development, and commercialization.

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