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Lobe Sciences (XCNQ:LOBE) Days Payable : 0.00 (As of Feb. 2024)


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What is Lobe Sciences Days Payable?

Lobe Sciences's average Accounts Payable for the three months ended in Feb. 2024 was C$2.54 Mil. Lobe Sciences's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

XCNQ:LOBE' s Days Payable Range Over the Past 10 Years
Min: 24515.83   Med: 24515.83   Max: 425955
Current: 425955

During the past 13 years, Lobe Sciences's highest Days Payable was 425955.00. The lowest was 24515.83. And the median was 24515.83.

XCNQ:LOBE's Days Payable is ranked better than
99.72% of 719 companies
in the Biotechnology industry
Industry Median: 147.29 vs XCNQ:LOBE: 425955.00

Lobe Sciences's Days Payable stayed the same from Nov. 2022 (0.00) to Feb. 2024 (0.00). stayed the same


Lobe Sciences Days Payable Historical Data

The historical data trend for Lobe Sciences'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.

Lobe Sciences Days Payable Chart

Lobe Sciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 24,515.83

Lobe Sciences Quarterly Data
Dec18 Mar19 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 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 - - - 96,542.50 -

Competitive Comparison of Lobe Sciences's Days Payable

For the Biotechnology subindustry, Lobe Sciences'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.


Lobe Sciences's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lobe Sciences's Days Payable distribution charts can be found below:

* The bar in red indicates where Lobe Sciences's Days Payable falls into.



Lobe Sciences 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.

Lobe Sciences's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (1.302 + 1.922) / 2 ) / 0.024*365
=1.612 / 0.024*365
=24,515.83

Lobe Sciences'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
=( (2.31 + 2.77) / 2 ) / 0*365 / 4
=2.54 / 0*365 / 4
=N/A

* 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.


Lobe Sciences Days Payable Related Terms

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Lobe Sciences (XCNQ:LOBE) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5
Lobe Sciences Ltd is a technology and services company that provides real estate, financial, management, IP, and branding support for the development of transformational medicine. It is working to develop effective psilocybin-based therapeutics for the treatment of mild traumatic brain injuries and post-traumatic stress disorder and devices for the efficient application of medications.

Lobe Sciences (XCNQ:LOBE) Headlines

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