Jamieson Wellness (TSX:JWEL) Days Payable

: 81.07 (As of Dec. 2023)

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Jamieson Wellness's average Accounts Payable for the three months ended in Dec. 2023 was C$125.6 Mil. Jamieson Wellness's Cost of Goods Sold for the three months ended in Dec. 2023 was C$141.3 Mil. Hence, Jamieson Wellness's Days Payable for the three months ended in Dec. 2023 was 81.07.

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

TSX:JWEL' s Days Payable Range Over the Past 10 Years
Min: 73.64 Med: 88.83 Max: 109.26
Current: 105.36

During the past 10 years, Jamieson Wellness's highest Days Payable was 109.26. The lowest was 73.64. And the median was 88.83.

TSX:JWEL's Days Payable is ranked better than
83.37% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs TSX:JWEL: 105.36

Jamieson Wellness's Days Payable declined from Dec. 2022 (97.98) to Dec. 2023 (81.07). It may suggest that Jamieson Wellness accelerated paying its suppliers.

Jamieson Wellness Days Payable Historical Data

The historical data trend for Jamieson Wellness'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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Jamieson Wellness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

109.26

80.76

73.64

97.61

103.90

Jamieson Wellness Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																97.98	133.05	104.81	117.46	81.07

Competitive Comparison

For the Packaged Foods subindustry, Jamieson Wellness'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.

Jamieson Wellness Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jamieson Wellness's Days Payable distribution charts can be found below:

* The bar in red indicates where Jamieson Wellness's Days Payable falls into.

Jamieson Wellness 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.

Jamieson Wellness's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (128.767	+	123.218)	/	2 )	/	442.613	*	365
=	125.9925					/	442.613	*	365
=	103.90

Jamieson Wellness'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
=	( (127.908	+	123.218)	/	2 )	/	141.338	*	365 / 4
=	125.563					/	141.338	*	365 / 4
=	81.07

Jamieson Wellness Days Payable Related Terms

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Jamieson Wellness (TSX:JWEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jamieson Wellness Inc (TSX:JWEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JWLLF:USA 2JW:Germany

Address

1 Adelaide Street East, Suite 2200, Toronto, ON, CAN, M5C 2V9

Website

http://www.jamiesonwellness.com

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.