Leef Brands (XCNQ:LEEF) Days Payable : 66.35 (As of Mar. 2024)

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What is Leef Brands Days Payable?

Leef Brands's average Accounts Payable for the three months ended in Mar. 2024 was C$4.63 Mil. Leef Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was C$6.36 Mil. Hence, Leef Brands's Days Payable for the three months ended in Mar. 2024 was 66.35.

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

XCNQ:LEEF' s Days Payable Range Over the Past 10 Years
Min: 38.93 Med: 64.79 Max: 1225.36
Current: 68.6

During the past 11 years, Leef Brands's highest Days Payable was 1225.36. The lowest was 38.93. And the median was 64.79.

XCNQ:LEEF's Days Payable is ranked worse than
61.31% of 977 companies
in the Drug Manufacturers industry
Industry Median: 86.23 vs XCNQ:LEEF: 68.60

Leef Brands's Days Payable increased from Mar. 2023 (40.10) to Mar. 2024 (66.35). It may suggest that Leef Brands delayed paying its suppliers.

Leef Brands Days Payable Historical Data

The historical data trend for Leef Brands'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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Leef Brands Days Payable Chart

Leef Brands Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul19

Jul20

Jul21

Dec22

Dec23

Days Payable

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1,225.36

64.79

71.75

38.93

60.72

Leef Brands Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															40.10	55.17	88.73	83.90	66.35

Competitive Comparison of Leef Brands's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Leef Brands'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.

Leef Brands's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Leef Brands's Days Payable falls into.

Leef Brands 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.

Leef Brands'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
=	( (3.728	+	5.463)	/	2 )	/	27.626	*	365
=	4.5955					/	27.626	*	365
=	60.72

Leef Brands's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5.463	+	3.791)	/	2 )	/	6.363	*	365 / 4
=	4.627					/	6.363	*	365 / 4
=	66.35

Leef Brands Days Payable Related Terms

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Leef Brands (XCNQ:LEEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Leef Brands Inc (XCNQ:LEEF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LEEEF:USA Z5X:Germany

Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6C 1H2

Website

https://leefbrands.com

Leef Brands Inc is a manufacturer of a cannabis-branded products based in California, Sacramento. It offers products under the brand names like Real Deal Resin, Ganja Gold, Heady, Leef and Buddies. Geographically, it derives a majority of its revenue from the United States.

Leef Brands (XCNQ:LEEF) Headlines

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