Curaleaf Holdings (Curaleaf Holdings) Days Payable : 39.44 (As of Mar. 2024)

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What is Curaleaf Holdings Days Payable?

Curaleaf Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $77 Mil. Curaleaf Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $178 Mil. Hence, Curaleaf Holdings's Days Payable for the three months ended in Mar. 2024 was 39.44.

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

CURLF' s Days Payable Range Over the Past 10 Years
Min: 26.01 Med: 38.6 Max: 84.92
Current: 35.49

During the past 10 years, Curaleaf Holdings's highest Days Payable was 84.92. The lowest was 26.01. And the median was 38.60.

CURLF's Days Payable is ranked worse than
86.36% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.08 vs CURLF: 35.49

Curaleaf Holdings's Days Payable declined from Mar. 2023 (40.61) to Mar. 2024 (39.44). It may suggest that Curaleaf Holdings accelerated paying its suppliers.

Curaleaf Holdings Days Payable Historical Data

The historical data trend for Curaleaf Holdings'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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Curaleaf Holdings Days Payable Chart

Curaleaf Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.42

46.21

26.00

30.24

39.91

Curaleaf Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															40.61	33.70	33.16	34.52	39.44

Competitive Comparison of Curaleaf Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Curaleaf Holdings'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.

Curaleaf Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Curaleaf Holdings's Days Payable falls into.

Curaleaf Holdings 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.

Curaleaf Holdings'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
=	( (80.789	+	79.319)	/	2 )	/	732.183	*	365
=	80.054					/	732.183	*	365
=	39.91

Curaleaf Holdings's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (79.319	+	74.569)	/	2 )	/	178.028	*	365 / 4
=	76.944					/	178.028	*	365 / 4
=	39.44

Curaleaf Holdings Days Payable Related Terms

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Curaleaf Holdings (Curaleaf Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Curaleaf Holdings Inc (OTCPK:CURLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CURA:Canada

Address

420 Lexington Avenue, Suite 2035, New York, NY, USA, 10170-0052

Website

https://www.curaleaf.com

Curaleaf is headquartered in Wakefield, Massachusetts, and cultivates and sells medicinal and recreational cannabis in the U.S. The company has operations in 18 states. Its brands include Curaleaf, UKU, Select, and Grassroots. The company acquired EMMAC Life Sciences in March 2021, beginning its foray into the global medical market in competition with Canadian cannabis producers.