ALID (Allied) Days Payable: 5,497.81 (As of Nov. 2024)


What is Allied Days Payable?

Allied ALID -99.80% Days Payable is 5,497.81 as of Nov. 2024.

Allied's average Accounts Payable for the three months ended in Nov. 2024 was $0.84 Mil. Allied's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.01 Mil. Hence, Allied's Days Payable for the three months ended in Nov. 2024 was 5,497.81.

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

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

Allied's Days Payable declined from Nov. 2023 (75,007.50) to Nov. 2024 (5,497.81). It may suggest that Allied accelerated paying its suppliers.

Allied Days Payable Historical Data

* Premium members only.

The historical data trend for Allied'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.

Allied Days Payable Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Payable
Get a 7-Day Free Trial 0.00 965.17 6,552.15 289.10 720.85

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 75,007.50 0.00 11,059.91 407.74 5,497.81

ALID vs CBDY, PLSH, STEK: Days Payable Comparison

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

Allied Days Payable vs Drug Manufacturers Industry

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

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


Allied 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.

Allied's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

Days Payable (A: Aug. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (0.822 + 0.833) / 2 ) / 0.419*365
=0.8275 / 0.419*365
=720.85

Allied's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

Days Payable (Q: Nov. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2024 ) + Accounts Payable (Q: Nov. 2024 )) / count ) / Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=( (0.833 + 0.854) / 2 ) / 0.014*365 / 4
=0.8435 / 0.014*365 / 4
=5,497.81

* 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 5,497.81 mean?
Allied (ALID) has a Days Payable of 5,497.81 as of Nov. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Allied and its competitors.
Is Allied's Days Payable too high?
Allied's current Days Payable is 5,497.81. The Drug Manufacturers industry median Days Payable is 90.98. Allied's value of 5,497.81 is 5942.9% above this industry median.
How does Allied's Days Payable compare to CBDY and PLSH?
Allied's Days Payable of 5,497.81 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. Allied's value of 5,497.81 is 5942.9% above 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. Allied's current Days Payable of 5,497.81 is 5942.9% above 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 Allied 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. Allied's current Days Payable is 5,497.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Days Payable of 5,497.81. The current Days Payable is 5,497.81 and 5942.9% above the Drug Manufacturers industry median of 90.98. 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 Allied (ALID), the current Days Payable is 5,497.81 as of Nov. 2024. 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.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.