XTXXF (Adastra Holdings) Days Payable : 66.01 (As of Mar. 2025)

View and export this data going back to 2009. Start your Free Trial

What is Adastra Holdings Days Payable?

Adastra Holdings's average Accounts Payable for the three months ended in Mar. 2025 was $1.47 Mil. Adastra Holdings's Cost of Goods Sold for the three months ended in Mar. 2025 was $2.03 Mil. Hence, Adastra Holdings's Days Payable for the three months ended in Mar. 2025 was 66.01.

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

XTXXF' s Days Payable Range Over the Past 10 Years
Min: 49.12 Med: 87.71 Max: 139.46
Current: 70.19

During the past 6 years, Adastra Holdings's highest Days Payable was 139.46. The lowest was 49.12. And the median was 87.71.

XTXXF's Days Payable is ranked worse than
60.91% of 921 companies
in the Drug Manufacturers industry
Industry Median: 87.93 vs XTXXF: 70.19

Adastra Holdings's Days Payable increased from Dec. 2023 (56.48) to Mar. 2025 (66.01). It may suggest that Adastra Holdings delayed paying its suppliers.

Adastra Holdings Days Payable Historical Data

The historical data trend for Adastra Holdings'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.

Adastra Holdings Days Payable Chart

Adastra Holdings Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

139.46

113.99

63.13

50.61

Adastra Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															56.48	40.16	39.97	59.82	66.01

Competitive Comparison of Adastra Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Adastra Holdings'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.

Adastra Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Adastra Holdings's Days Payable falls into.

Save Embed

;

Save Embed

;

Adastra Holdings 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.

Adastra Holdings'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
=	( (1.576	+	1.551)	/	2 )	/	11.276	*	365
=	1.5635					/	11.276	*	365
=	50.61

Adastra Holdings'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
=	( (1.551	+	1.386)	/	2 )	/	2.03	*	365 / 4
=	1.4685					/	2.03	*	365 / 4
=	66.01

Adastra Holdings Days Payable Related Terms

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

Adastra Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Adastra Holdings Ltd (OTCPK:XTXXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

D2E0:Germany XTRX:Canada

Address

5451 275th Street, Langley, BC, CAN, V4W 3X8

Website

https://www.adastraholdings.ca

Adastra Holdings Ltd is an extraction and processing solutions company. It extracts and processes cannabis for sale to the recreational and medical markets in Canada. The company has two operating segments, comprising manufacturing and non-manufacturing operations. A majority of its revenue is generated from the manufacturing segment, which includes the manufacturing, sale, and distribution of cannabis related products through brands like Phyto and Endgame.