THC Therapeutics (THC Therapeutics) Days Payable

: 0.00 (As of Jul. 2023)

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THC Therapeutics's average Accounts Payable for the three months ended in Jul. 2023 was $1.90 Mil. THC Therapeutics's Cost of Goods Sold for the three months ended in Jul. 2023 was $0.00 Mil.

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

THCT's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 86.61
* Ranked among companies with meaningful Days Payable only.

THC Therapeutics's Days Payable stayed the same from Jul. 2022 (0.00) to Jul. 2023 (0.00). stayed the same

THC Therapeutics Days Payable Historical Data

The historical data trend for THC Therapeutics'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.

THC Therapeutics Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

THC Therapeutics Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Days Payable																-	-	-	-	-

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, THC Therapeutics'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.

THC Therapeutics Days Payable Distribution

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

* The bar in red indicates where THC Therapeutics's Days Payable falls into.

THC Therapeutics 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.

THC Therapeutics's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (1.581	+	1.937)	/	2 )	/	0	*	365
=	1.759					/	0	*	365
=	N/A

THC Therapeutics's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

	Days Payable (Q: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (1.863	+	1.937)	/	2 )	/	0	*	365 / 4
=	1.9					/	0	*	365 / 4
=	N/A

THC Therapeutics Days Payable Related Terms

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THC Therapeutics (THC Therapeutics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » THC Therapeutics Inc (OTCPK:THCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11700 W Charleston Boulevard, No. 73, Las Vegas, NV, USA, 89135

Website

https://thct.io

THC Therapeutics Inc is a United States-based company. It is focused on developing dHydronator, a sanitizing herb dryer. The main function of the dHydronator is to accelerate the drying time of an herb while sanitizing it. The dHydronator can be used to dry a variety of herbs, and it has been specifically tested for use with cannabis. It will reduce the drying time for cannabis from 10-14 days down to less than 14 hours.

Executives

Hiro Tanaka	director, officer: Vice President	3RD FLOOR, 207 REGENT STREET, LONDON X0 W1B 3HH
Smith Adrian J R	director, officer: Chair of the Board	119 SPRINGLINE DRIVE, VERO BEACH FL 32963
Jamie Mann	director, 10 percent owner, officer: CEO, CFO	3RD FLOOR, 207 REGENT STREET, LONDON X0 W1B 3HH
Eden Ho	director, officer: CEO	701 XUANG MI HU ROAD, XI YUAN, FUTIAN, SHENZHEN F4 XXXXXX