Goodfood Market (TSX:FOOD) Days Payable : 0.00 (As of Feb. 2024)

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What is Goodfood Market Days Payable?

Goodfood Market's average Accounts Payable for the three months ended in Feb. 2024 was C$0.0 Mil. Goodfood Market's Cost of Goods Sold for the three months ended in Feb. 2024 was C$22.6 Mil. Hence, Goodfood Market's Days Payable for the three months ended in Feb. 2024 was 0.00.

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

During the past 9 years, Goodfood Market's highest Days Payable was 59.47. The lowest was 27.82. And the median was 42.67.

TSX:FOOD's Days Payable is not ranked ^*
in the Personal Services industry.
Industry Median: 29.355
* Ranked among companies with meaningful Days Payable only.

Goodfood Market's Days Payable stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00). stayed the same

Goodfood Market Days Payable Historical Data

The historical data trend for Goodfood Market'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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Goodfood Market Days Payable Chart

Goodfood Market Annual Data

Trend

Dec15

Dec16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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50.26

45.89

38.94

42.67

59.47

Goodfood Market 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															-	-	-	-	-

Competitive Comparison of Goodfood Market's Days Payable

For the Personal Services subindustry, Goodfood Market'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.

Goodfood Market's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Days Payable distribution charts can be found below:

* The bar in red indicates where Goodfood Market's Days Payable falls into.

Goodfood Market 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.

Goodfood Market's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (16.81	+	0)	/	1 )	/	103.178	*	365
=	16.81					/	103.178	*	365
=	59.47

Goodfood Market'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
=	( (0	+	0)	/	1 )	/	22.646	*	365 / 4
=	0					/	22.646	*	365 / 4
=	0.00

Goodfood Market Days Payable Related Terms

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Goodfood Market (TSX:FOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (TSX:FOOD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GDDFF:USA 76O:Germany

Address

4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2

Website

https://www.makegoodfood.ca

Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.

Goodfood Market (TSX:FOOD) Headlines

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