Vibe Growth (XCNQ:VIBE) Days Payable : 132.85 (As of Dec. 2023)

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What is Vibe Growth Days Payable?

Vibe Growth's average Accounts Payable for the three months ended in Dec. 2023 was C$5.32 Mil. Vibe Growth's Cost of Goods Sold for the three months ended in Dec. 2023 was C$3.66 Mil. Hence, Vibe Growth's Days Payable for the three months ended in Dec. 2023 was 132.85.

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

XCNQ:VIBE' s Days Payable Range Over the Past 10 Years
Min: 50.47 Med: 66.67 Max: 163.54
Current: 144.37

During the past 12 years, Vibe Growth's highest Days Payable was 163.54. The lowest was 50.47. And the median was 66.67.

XCNQ:VIBE's Days Payable is ranked better than
74.23% of 974 companies
in the Drug Manufacturers industry
Industry Median: 87.765 vs XCNQ:VIBE: 144.37

Vibe Growth's Days Payable increased from Dec. 2022 (99.09) to Dec. 2023 (132.85). It may suggest that Vibe Growth delayed paying its suppliers.

Vibe Growth Days Payable Historical Data

The historical data trend for Vibe Growth'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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Vibe Growth Days Payable Chart

Vibe Growth Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.67

61.37

50.47

79.64

163.54

Vibe Growth Quarterly Data
	Jan19	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															99.09	112.47	123.82	232.96	132.85

Competitive Comparison of Vibe Growth's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Vibe Growth'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.

Vibe Growth's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Vibe Growth's Days Payable falls into.

Vibe Growth 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.

Vibe Growth'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
=	( (4.695	+	6.096)	/	2 )	/	12.042	*	365
=	5.3955					/	12.042	*	365
=	163.54

Vibe Growth'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
=	( (4.552	+	6.096)	/	2 )	/	3.657	*	365 / 4
=	5.324					/	3.657	*	365 / 4
=	132.85

Vibe Growth Days Payable Related Terms

Thank you for viewing the detailed overview of Vibe Growth's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vibe Growth (XCNQ:VIBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vibe Growth Corp (XCNQ:VIBE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VIBEF:USA

Address

997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B3M1

Website

https://www.vibebycalifornia.com

Vibe Growth Corp is engaged in evaluation, acquiring and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.

Executives

Hadron Capital (cayman) Limited

10% Security Holder

Vibe Growth (XCNQ:VIBE) Headlines

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