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Body and Mind (XCNQ:BAMM) Days Payable : 114.10 (As of Jan. 2024)


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What is Body and Mind Days Payable?

Body and Mind's average Accounts Payable for the three months ended in Jan. 2024 was C$4.04 Mil. Body and Mind's Cost of Goods Sold for the three months ended in Jan. 2024 was C$3.23 Mil. Hence, Body and Mind's Days Payable for the three months ended in Jan. 2024 was 114.10.

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

XCNQ:BAMM' s Days Payable Range Over the Past 10 Years
Min: 30.58   Med: 67.41   Max: 98.85
Current: 98.85

During the past 13 years, Body and Mind's highest Days Payable was 98.85. The lowest was 30.58. And the median was 67.41.

XCNQ:BAMM's Days Payable is ranked better than
56.57% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.765 vs XCNQ:BAMM: 98.85

Body and Mind's Days Payable increased from Jan. 2023 (96.47) to Jan. 2024 (114.10). It may suggest that Body and Mind delayed paying its suppliers.


Body and Mind Days Payable Historical Data

The historical data trend for Body and Mind'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.

* Premium members only.

Body and Mind Days Payable Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.04 82.32 30.58 43.72 52.49

Body and Mind Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.47 56.83 2,166.21 76.28 114.10

Competitive Comparison of Body and Mind's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.


Body and Mind's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Body and Mind's Days Payable falls into.



Body and Mind 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.

Body and Mind's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (2.823 + 3.653) / 2 ) / 22.517*365
=3.238 / 22.517*365
=52.49

Body and Mind's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (4.175 + 3.905) / 2 ) / 3.231*365 / 4
=4.04 / 3.231*365 / 4
=114.10

* 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.


Body and Mind Days Payable Related Terms

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Body and Mind (XCNQ:BAMM) Business Description

Traded in Other Exchanges
Address
750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.

Body and Mind (XCNQ:BAMM) Headlines

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