PlantX Life (PlantX Life) Days Payable : 482.76 (As of Dec. 2023)

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What is PlantX Life Days Payable?

PlantX Life's average Accounts Payable for the three months ended in Dec. 2023 was $7.06 Mil. PlantX Life's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.33 Mil. Hence, PlantX Life's Days Payable for the three months ended in Dec. 2023 was 482.76.

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

PLTXF' s Days Payable Range Over the Past 10 Years
Min: 74 Med: 164.49 Max: 452.31
Current: 452.31

During the past 5 years, PlantX Life's highest Days Payable was 452.31. The lowest was 74.00. And the median was 164.49.

PLTXF's Days Payable is ranked better than
96.39% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs PLTXF: 452.31

PlantX Life's Days Payable increased from Dec. 2022 (354.55) to Dec. 2023 (482.76). It may suggest that PlantX Life delayed paying its suppliers.

PlantX Life Days Payable Historical Data

The historical data trend for PlantX Life'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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PlantX Life Days Payable Chart

PlantX Life Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Days Payable

161.93

74.24

197.68

PlantX Life Quarterly Data
	Jul19	Mar20	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											354.55	474.41	391.44	503.89	482.76

Competitive Comparison of PlantX Life's Days Payable

For the Internet Retail subindustry, PlantX Life'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.

PlantX Life's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PlantX Life's Days Payable distribution charts can be found below:

* The bar in red indicates where PlantX Life's Days Payable falls into.

PlantX Life 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.

PlantX Life's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.497	+	5.003)	/	2 )	/	6.001	*	365
=	3.25					/	6.001	*	365
=	197.68

PlantX Life'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
=	( (7.89	+	6.225)	/	2 )	/	1.334	*	365 / 4
=	7.0575					/	1.334	*	365 / 4
=	482.76

PlantX Life Days Payable Related Terms

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PlantX Life (PlantX Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PlantX Life Inc (OTCPK:PLTXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WNT0:Germany VEGA:Canada

Address

100 Park Royal South, Suite 504, West Vancouver, Vancouver, BC, CAN, V7T 1A2

Website

https://www.plantx.com

PlantX Life Inc is a digital-based, one-stop-shop, and distribution company with a fast-growing database with a plan to offer customers across North America. The company's operating segment includes Vegaste, PlantX Living Inc, Bloombox, Score (Squamish), Israel, Little West, Plant-Based Deli, New Deli, PlantX UK, PlantX Nevada, EH Coffee, Portfolio Coffee, and PlantX Midwest. The company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. It has a presence in the United States, United Kingdom, Canada, Israel, and Germany.