Lifeist Wellness (Lifeist Wellness) Days Payable : 71.62 (As of Feb. 2024)

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What is Lifeist Wellness Days Payable?

Lifeist Wellness's average Accounts Payable for the three months ended in Feb. 2024 was $2.13 Mil. Lifeist Wellness's Cost of Goods Sold for the three months ended in Feb. 2024 was $2.71 Mil. Hence, Lifeist Wellness's Days Payable for the three months ended in Feb. 2024 was 71.62.

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

LFSWD' s Days Payable Range Over the Past 10 Years
Min: 22.35 Med: 33.13 Max: 64.65
Current: 64.65

During the past 13 years, Lifeist Wellness's highest Days Payable was 64.65. The lowest was 22.35. And the median was 33.13.

LFSWD's Days Payable is ranked worse than
62.87% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.64 vs LFSWD: 64.65

Lifeist Wellness's Days Payable increased from Nov. 2022 (56.13) to Feb. 2024 (71.62). It may suggest that Lifeist Wellness delayed paying its suppliers.

Lifeist Wellness Days Payable Historical Data

The historical data trend for Lifeist 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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Lifeist Wellness Days Payable Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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49.93

32.90

32.08

45.36

54.67

Lifeist Wellness Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															56.13	31.84	27.34	43.10	71.62

Competitive Comparison of Lifeist Wellness's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Lifeist 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.

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

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

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

Lifeist 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.

Lifeist Wellness's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1.648	+	1.918)	/	2 )	/	11.903	*	365
=	1.783					/	11.903	*	365
=	54.67

Lifeist Wellness's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1.918	+	2.341)	/	2 )	/	2.713	*	365 / 4
=	2.1295					/	2.713	*	365 / 4
=	71.62

Lifeist Wellness Days Payable Related Terms

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Lifeist Wellness (Lifeist Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

M5B:Germany LFST:Canada

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes: CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Findify, an artificial intelligence-powered technology platform, delivering solutions such as personalized search, recommendations, and advanced data analytics; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company.