APPB (Applied Biosciences) Days Payable: 864.24 (As of Dec. 2019)


APPB Applied Biosciences Corp APPB
12 GF Score
Price $0.00
View Full Analysis

What is Applied Biosciences Days Payable?

Applied Biosciences APPB 12 Days Payable is 864.24 as of Dec. 2019. GuruFocus rates APPB with a GF Score™ of 12/100.

Applied Biosciences's average Accounts Payable for the three months ended in Dec. 2019 was $0.49 Mil. Applied Biosciences's Cost of Goods Sold for the three months ended in Dec. 2019 was $0.05 Mil. Hence, Applied Biosciences's Days Payable for the three months ended in Dec. 2019 was 864.24.

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

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

Applied Biosciences's Days Payable increased from Dec. 2018 (8.79) to Dec. 2019 (864.24). It may suggest that Applied Biosciences delayed paying its suppliers.

Applied Biosciences Days Payable Historical Data

* Premium members only.

The historical data trend for Applied Biosciences'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.

Applied Biosciences Days Payable Chart

Applied Biosciences Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Days Payable
0.00 0.00 0.00 365.00 39.78

Applied Biosciences Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 8.79 173.60 241.49 265.37 864.24

APPB vs CNABQ, OWCP, CXUS: Days Payable Comparison

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

Applied Biosciences Days Payable vs Drug Manufacturers Industry

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

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


APPB
12GF Score
Applied Biosciences Corp APPB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applied Biosciences 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.

Applied Biosciences's Days Payable for the fiscal year that ended in Mar. 2018 is calculated as

Days Payable (A: Mar. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2017 ) + Accounts Payable (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (0.012 + 0.022) / 2 ) / 0.156*365
=0.017 / 0.156*365
=39.78

Applied Biosciences's Days Payable for the quarter that ended in Dec. 2019 is calculated as:

Days Payable (Q: Dec. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2019 ) + Accounts Payable (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (0.325 + 0.66) / 2 ) / 0.052*365 / 4
=0.4925 / 0.052*365 / 4
=864.24

* 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 864.24 mean?
Applied Biosciences (APPB) has a Days Payable of 864.24 as of Dec. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Applied Biosciences and its competitors.
Is Applied Biosciences' Days Payable too high?
Applied Biosciences' current Days Payable is 864.24. The Drug Manufacturers industry median Days Payable is 90.98. Applied Biosciences' value of 864.24 is 849.9% above this industry median. Overall, Applied Biosciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Applied Biosciences' Days Payable compare to CNABQ and OWCP?
Applied Biosciences' Days Payable of 864.24 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. Applied Biosciences' value of 864.24 is 849.9% 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. Applied Biosciences's current Days Payable of 864.24 is 849.9% 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 Applied Biosciences 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. Applied Biosciences's current Days Payable is 864.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Biosciences stock overvalued right now?
Applied Biosciences (APPB) has a current Days Payable of 864.24. The current Days Payable is 864.24 and 849.9% above the Drug Manufacturers industry median of 90.98. Applied Biosciences' 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 Applied Biosciences (APPB), the current Days Payable is 864.24 as of Dec. 2019. 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.

Applied Biosciences Business Description

Address 112 North Curry Street, 18th Floor, Carson, NY, USA, 89703
Applied Biosciences Corp is a vertically integrated company focused on the development and commercialization of novel, science-driven, synthetic cannabinoid therapeutics / biopharmaceuticals that target the endocannabinoid system to treat a wide-range of diseases across multiple therapeutic areas. The company also deliver high-quality consumer and OTC THC-free CBD products that promote overall health and wellbeing as well as state-of-the-art testing and analytics capabilities to its customers.
12GF Score

Get the complete analysis for APPB

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price