iAnthus Capital Holdings (iAnthus Capital Holdings) Days Payable : 56.33 (As of Dec. 2023)

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What is iAnthus Capital Holdings Days Payable?

iAnthus Capital Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $15.4 Mil. iAnthus Capital Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $25.0 Mil. Hence, iAnthus Capital Holdings's Days Payable for the three months ended in Dec. 2023 was 56.33.

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

ITHUF' s Days Payable Range Over the Past 10 Years
Min: 47.92 Med: 50.23 Max: 79.93
Current: 52.34

During the past 9 years, iAnthus Capital Holdings's highest Days Payable was 79.93. The lowest was 47.92. And the median was 50.23.

ITHUF's Days Payable is ranked worse than
71.98% of 978 companies
in the Drug Manufacturers industry
Industry Median: 86.975 vs ITHUF: 52.34

iAnthus Capital Holdings's Days Payable increased from Dec. 2022 (47.01) to Dec. 2023 (56.33). It may suggest that iAnthus Capital Holdings delayed paying its suppliers.

iAnthus Capital Holdings Days Payable Historical Data

The historical data trend for iAnthus Capital 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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iAnthus Capital Holdings Days Payable Chart

iAnthus Capital Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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79.47

74.11

50.22

50.01

47.66

iAnthus Capital Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															47.01	48.06	61.41	49.56	56.33

Competitive Comparison of iAnthus Capital Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, iAnthus Capital 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.

iAnthus Capital Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

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

iAnthus Capital 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.

iAnthus Capital 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
=	( (10.69	+	14.399)	/	2 )	/	96.068	*	365
=	12.5445					/	96.068	*	365
=	47.66

iAnthus Capital Holdings'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
=	( (16.419	+	14.399)	/	2 )	/	24.96	*	365 / 4
=	15.409					/	24.96	*	365 / 4
=	56.33

iAnthus Capital Holdings Days Payable Related Terms

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iAnthus Capital Holdings (iAnthus Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » iAnthus Capital Holdings Inc (OTCPK:ITHUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2IA:Germany IAN:Canada

Address

420 Lexington Avenue, Suite 414, New York, NY, USA, 10170

Website

https://www.ianthus.com

iAnthus Capital Holdings Inc owns and operates licensed cannabis cultivators, processors, and dispensaries throughout the United States. The company's operating segments include the Eastern Region and Western Region. It generates a majority of its revenue from the Eastern Region. The Eastern Region includes the company's operations in Florida, Maryland, Massachusetts, New York, New Jersey, Vermont, and its CBD business. Its Western Region includes the company's operations in Arizona, Colorado, and Nevada.

Executives

Proud Richard C. Jr.	director, officer: CEO and Director	8253 PARSONS PASS, NEW ALBANY OH 43054
Alexander Shoghi	director	SUITE 1550, 300 WEST 6TH STREET, AUSTIN TX 78701
John Alexander Paterson	director	2 WENDIGO WAY, TORONTO A6 M6S2T9
Gotham Green Partners Llc	10 percent owner	1437 4TH STREET, SANTA MONICA CA 90401
Philippe Faraut	officer: Chief Financial Officer	420 LEXINGTON AVENUE, SUITE 414, NEW YORK NY 10170
Kenneth W Gilbert	director	C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Julius Kalcevich	officer: Chief Financial Officer	420 LEXINGTON AVENUE, SUITE 414, NEW YORK NY 10170
Robert R Galvin	officer: Interim CEO and COO
Senvest Management, Llc	director, 10 percent owner, other: (See Remarks)	540 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Marco Dattanasio	director	420 LEXINGTON AVENUE, SUITE 414, NEW YORK NY 10170
Scott Herman Cohen	director	420 LEXINGTON AVENUE, SUITE 414, NEW YORK NY 10170
Zachary Arrick	director	420 LEXINGTON AVENUE, SUITE 414, NEW YORK NY 10170
Mich J Mathews-spradlin	director	ONE DAVE THOMAS BLVD., DUBLIN OH 43017
Oasis Investments Ii Master Fund Ltd.	10 percent owner	UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Seth Fischer	10 percent owner	C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3