Plantable Health (Plantable Health) Days Payable : 34.65 (As of Jun. 2023)

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What is Plantable Health Days Payable?

Plantable Health's average Accounts Payable for the three months ended in Jun. 2023 was $0.03 Mil. Plantable Health's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.08 Mil. Hence, Plantable Health's Days Payable for the three months ended in Jun. 2023 was 34.65.

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

PLBLF' s Days Payable Range Over the Past 10 Years
Min: 13.43 Med: 40.36 Max: 41.22
Current: 21.16

During the past 3 years, Plantable Health's highest Days Payable was 41.22. The lowest was 13.43. And the median was 40.36.

PLBLF's Days Payable is ranked worse than
84.5% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs PLBLF: 21.16

Plantable Health's Days Payable declined from Jun. 2022 (72.59) to Jun. 2023 (34.65). It may suggest that Plantable Health accelerated paying its suppliers.

Plantable Health Days Payable Historical Data

The historical data trend for Plantable 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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Plantable Health Days Payable Chart

Plantable Health Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

13.43

40.36

41.22

Plantable Health Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Payable	Get a 7-Day Free Trial						72.59	26.81	20.09	9.93	34.65

Competitive Comparison of Plantable Health's Days Payable

For the Packaged Foods subindustry, Plantable 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.

Plantable Health's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Plantable Health's Days Payable distribution charts can be found below:

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

Plantable 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.

Plantable Health's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.173	+	0.033)	/	2 )	/	0.912	*	365
=	0.103					/	0.912	*	365
=	41.22

Plantable Health's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.021	+	0.039)	/	2 )	/	0.079	*	365 / 4
=	0.03					/	0.079	*	365 / 4
=	34.65

Plantable Health Days Payable Related Terms

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Plantable Health (Plantable Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Plantable Health Inc (OTCPK:PLBLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6

Website

https://www.plantable.com

Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.

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