Gold Flora (Gold Flora) Days Payable : 77.73 (As of Dec. 2023)

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What is Gold Flora Days Payable?

Gold Flora's average Accounts Payable for the three months ended in Dec. 2023 was $12.97 Mil. Gold Flora's Cost of Goods Sold for the three months ended in Dec. 2023 was $15.22 Mil. Hence, Gold Flora's Days Payable for the three months ended in Dec. 2023 was 77.73.

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

GRAMW' s Days Payable Range Over the Past 10 Years
Min: 59.13 Med: 63.16 Max: 115.57
Current: 115.57

During the past 2 years, Gold Flora's highest Days Payable was 115.57. The lowest was 59.13. And the median was 63.16.

GRAMW's Days Payable is ranked better than
77.55% of 49 companies
in the Tobacco Products industry
Industry Median: 45.42 vs GRAMW: 115.57

Gold Flora's Days Payable increased from . 20 (0.00) to Dec. 2023 (77.73). It may suggest that Gold Flora delayed paying its suppliers.

Gold Flora Days Payable Historical Data

The historical data trend for Gold Flora'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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Gold Flora Days Payable Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

Days Payable

59.13

66.88

Gold Flora Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Days Payable	-	61.81	45.72	77.73

Competitive Comparison of Gold Flora's Days Payable

For the Tobacco subindustry, Gold Flora'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.

Gold Flora's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Gold Flora's Days Payable distribution charts can be found below:

* The bar in red indicates where Gold Flora's Days Payable falls into.

Gold Flora 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.

Gold Flora'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
=	( (8.094	+	13.339)	/	2 )	/	58.49	*	365
=	10.7165					/	58.49	*	365
=	66.88

Gold Flora'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (12.593	+	13.339)	/	2 )	/	15.221	*	365 / 4
=	12.966					/	15.221	*	365 / 4
=	77.73

Gold Flora Days Payable Related Terms

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Gold Flora (Gold Flora) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Gold Flora Corp (OTCPK:GRAMW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRAM:USA GRAM:Canada

Address

3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626

Website

https://www.goldflora.com

Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

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