CBDY (Target Group) Days Payable : 64.63 (As of Mar. 2025)

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What is Target Group Days Payable?

Target Group's average Accounts Payable for the three months ended in Mar. 2025 was $0.45 Mil. Target Group's Cost of Goods Sold for the three months ended in Mar. 2025 was $0.63 Mil. Hence, Target Group's Days Payable for the three months ended in Mar. 2025 was 64.63.

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

CBDY' s Days Payable Range Over the Past 10 Years
Min: 46.66 Med: 224.74 Max: 31419.2
Current: 269.36

During the past 12 years, Target Group's highest Days Payable was 31419.20. The lowest was 46.66. And the median was 224.74.

CBDY's Days Payable is ranked better than
89.48% of 922 companies
in the Drug Manufacturers industry
Industry Median: 87.76 vs CBDY: 269.36

Target Group's Days Payable declined from Mar. 2024 (107.32) to Mar. 2025 (64.63). It may suggest that Target Group accelerated paying its suppliers.

Target Group Days Payable Historical Data

The historical data trend for Target Group'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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Target Group Days Payable Chart

Target Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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31,419.20

224.74

46.66

Target Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															107.32	287.39	1,463.16	194.87	64.63

Competitive Comparison of Target Group's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Target Group'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.

Target Group's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Target Group's Days Payable falls into.

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Target Group 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.

Target Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.246	+	0.487)	/	2 )	/	2.867	*	365
=	0.3665					/	2.867	*	365
=	46.66

Target Group's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (0.487	+	0.404)	/	2 )	/	0.629	*	365 / 4
=	0.4455					/	0.629	*	365 / 4
=	64.63

Target Group Days Payable Related Terms

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Target Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Target Group Inc (OTCPK:CBDY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Hempstead Drive, Hamilton, ON, CAN, L8W 2E7

Website

https://www.targetgroupinc.ca

Target Group Inc is engaged in the cultivation, processing, and distribution of curated cannabis products for the adult-use medical and recreational cannabis market in Canada. The company generates revenue from the sale of Wisp vaporizer and pod units. Its product manufacturing includes Cannabis flower pods for vaporizer use, , extract pods for vaporizer use, Cannabis pre-rolls, K-Cup infused coffee and tea pods, Infused cannabis beverages, etc.

Executives

Barry Alan Katzman	director	36 ADDISON DRIVE, ST. CATHERINES A6 L2S 4B7
Anthony Carlo Zarcone	director	564 NORTH SHORE BLVD., BURLINGTON A6 L7T 1X2
Frank Michael Monte	director	18 BRAESIDE SQ, MARKHAM A6 L3R 0A5
Saul Niddam	director	42 HEATHVIEW AVE, NORTH YORK A6 M2K 2C1
Azmatali Mehrali	officer: CFO	134 BRIDGEPOINTE COURT, AURORA A6 L4H 3H8
Alexander Starr	director, 10 percent owner, officer: President	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
Rubin Schindermann	director, 10 percent owner, officer: CEO	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
Weinstein Family (2015) Trust	10 percent owner	52 RIDOUT STREET EAST, TILLSONBURG A6 N4G 2E3
Chess Supersite Inc. (canada)	10 percent owner	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
Nava Starr	other: See Remarks	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
James M Cassidy	director, 10 percent owner, officer: president	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: vice president	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212