ALEAF (Aleafia Health) Days Payable: 81.08 (As of Mar. 2023)


ALEAF Aleafia Health Inc ALEAF
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What is Aleafia Health Days Payable?

Aleafia Health ALEAF -99.00% 12 Days Payable is 81.08 as of Mar. 2023. GuruFocus rates ALEAF with a GF Score™ of 12/100.

Aleafia Health's average Accounts Payable for the three months ended in Mar. 2023 was $7.39 Mil. Aleafia Health's Cost of Goods Sold for the three months ended in Mar. 2023 was $8.31 Mil. Hence, Aleafia Health's Days Payable for the three months ended in Mar. 2023 was 81.08.

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

ALEAF's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.98
* Ranked among companies with meaningful Days Payable only.

Aleafia Health's Days Payable declined from Sep. 2021 (171.82) to Mar. 2023 (81.08). It may suggest that Aleafia Health accelerated paying its suppliers.

Aleafia Health Days Payable Historical Data

* Premium members only.

The historical data trend for Aleafia Health'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.

Aleafia Health Days Payable Chart

Aleafia Health Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Oct17 Dec18 Dec19 Dec20 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.91 1,412.45 0.00 141.90 147.15

Aleafia Health Quarterly Data
Oct17 Jan18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 Mar23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.82 309.13 0.00 46.19 81.08

ALEAF vs ZTS, CTLT, VTRS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aleafia Health'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.

Aleafia Health Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Aleafia Health's Days Payable falls into.


ALEAF
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Aleafia Health Inc ALEAF
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Aleafia Health 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.

Aleafia Health'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: Dec. 2020 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (15.801 + 5.913) / 2 ) / 26.93*365
=10.857 / 26.93*365
=147.15

Aleafia Health's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (8.857 + 5.913) / 2 ) / 8.311*365 / 4
=7.385 / 8.311*365 / 4
=81.08

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 81.08 mean?
Aleafia Health (ALEAF) has a Days Payable of 81.08 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aleafia Health and its competitors.
Is Aleafia Health's Days Payable too high?
Aleafia Health's current Days Payable is 81.08. The Drug Manufacturers industry median Days Payable is 90.98. Aleafia Health's value of 81.08 is 10.9% below this industry median. Overall, Aleafia Health has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Aleafia Health's Days Payable compare to ZTS and CTLT?
Aleafia Health's Days Payable of 81.08 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. Aleafia Health's value of 81.08 is 10.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.98, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aleafia Health's current Days Payable of 81.08 is 10.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aleafia Health and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aleafia Health's current Days Payable is 81.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aleafia Health stock overvalued right now?
Aleafia Health (ALEAF) has a current Days Payable of 81.08. The current Days Payable is 81.08 and 10.9% below the Drug Manufacturers industry median of 90.98. Aleafia Health's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Aleafia Health (ALEAF), the current Days Payable is 81.08 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aleafia Health Business Description

Address 85 Basaltic Road, Concord, ON, CAN, L4K 1G4
Aleafia Health Inc is a vertically integrated cannabis health and wellness company which owns three cannabis product and cultivation facilities where it produces a diverse portfolio of commercially high-margin derivative products including oils, capsules and sprays.
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