Tilray Brands (FRA:2HQ) Days Payable

: 58.53 (As of Feb. 2024)

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Tilray Brands's average Accounts Payable for the three months ended in Feb. 2024 was €82.6 Mil. Tilray Brands's Cost of Goods Sold for the three months ended in Feb. 2024 was €128.8 Mil. Hence, Tilray Brands's Days Payable for the three months ended in Feb. 2024 was 58.53.

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

FRA:2HQ' s Days Payable Range Over the Past 10 Years
Min: 45.06 Med: 70.44 Max: 417.2
Current: 53.94

During the past 12 years, Tilray Brands's highest Days Payable was 417.20. The lowest was 45.06. And the median was 70.44.

FRA:2HQ's Days Payable is ranked worse than
71.4% of 979 companies
in the Drug Manufacturers industry
Industry Median: 86.3 vs FRA:2HQ: 53.94

Tilray Brands's Days Payable increased from Feb. 2023 (42.52) to Feb. 2024 (58.53). It may suggest that Tilray Brands delayed paying its suppliers.

Tilray Brands Days Payable Historical Data

The historical data trend for Tilray Brands'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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Tilray Brands Annual Data

Trend

Aug14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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136.19

69.28

48.48

42.38

53.73

Tilray Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															42.52	54.16	51.56	51.98	58.53

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.

Tilray Brands Days Payable Distribution

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

* The bar in red indicates where Tilray Brands's Days Payable falls into.

Tilray Brands 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.

Tilray Brands's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (64.899	+	65.153)	/	2 )	/	441.751	*	365
=	65.026					/	441.751	*	365
=	53.73

Tilray Brands'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
=	( (81.647	+	83.581)	/	2 )	/	128.801	*	365 / 4
=	82.614					/	128.801	*	365 / 4
=	58.53

Tilray Brands Days Payable Related Terms

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Tilray Brands (FRA:2HQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tilray Brands Inc (FRA:2HQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TLRY:USA 2HQ:Germany TLRY:Canada TLRY:Austria

Address

265 Talbot Street West, Leamington, ON, CAN, N8H 5L4

Website

https://www.tilray.com

Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.

Tilray Brands (FRA:2HQ) Headlines

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