CBDG (THC Farmaceuticals) Days Payable: 0.00 (As of Jun. 2018)

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What is THC Farmaceuticals Days Payable?

THC Farmaceuticals CBDG Days Payable is 0.00 as of Jun. 2018.

THC Farmaceuticals's average Accounts Payable for the three months ended in Jun. 2018 was $0.01 Mil. THC Farmaceuticals's Cost of Goods Sold for the three months ended in Jun. 2018 was $0.00 Mil.

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

CBDG's Days Payable is not ranked *
in the Biotechnology industry.
Industry Median: 112.84
* Ranked among companies with meaningful Days Payable only.

THC Farmaceuticals's Days Payable stayed the same from Jun. 2015 (0.00) to Jun. 2018 (0.00). stayed the same

THC Farmaceuticals Days Payable Historical Data

* Premium members only.

The historical data trend for THC Farmaceuticals'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.

THC Farmaceuticals Days Payable Chart

THC Farmaceuticals Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Days Payable
0.00 0.00 0.00 0.00

THC Farmaceuticals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar17 Jun17 Mar18 Jun18
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 0.00 0.00 0.00 0.00 0.00

CBDG vs BOXS: Days Payable Comparison

For the Biotechnology subindustry, THC Farmaceuticals'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.

THC Farmaceuticals Days Payable vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, THC Farmaceuticals's Days Payable distribution charts can be found below:

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


THC Farmaceuticals 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.

THC Farmaceuticals's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

Days Payable (A: Sep. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2012 ) + Accounts Payable (A: Sep. 2013 )) / count ) / Cost of Goods Sold (A: Sep. 2013 )*Days in Period
=( (0.001 + 0) / 1 ) / 0*365
=0.001 / 0*365
=N/A

THC Farmaceuticals's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

Days Payable (Q: Jun. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2018 ) + Accounts Payable (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (0.012 + 0.012) / 2 ) / 0*365 / 4
=0.012 / 0*365 / 4
=N/A

* 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 0.00 mean?
THC Farmaceuticals (CBDG) has a Days Payable of 0.00 as of Jun. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on THC Farmaceuticals and its competitors.
Is THC Farmaceuticals' Days Payable too high?
THC Farmaceuticals' current Days Payable is 0.00.
How does THC Farmaceuticals' Days Payable compare to BOXS?
THC Farmaceuticals' Days Payable of 0.00 can be compared against companies in the Biotechnology industry. The industry median Days Payable is 112.84. 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 Biotechnology company?
The median Days Payable among Biotechnology companies is 112.84, based on 701 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. 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 THC Farmaceuticals and its competitors. For the Biotechnology industry, the median Days Payable is 112.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THC Farmaceuticals's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Farmaceuticals stock overvalued right now?
THC Farmaceuticals (CBDG) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 THC Farmaceuticals (CBDG), the current Days Payable is 0.00 as of Jun. 2018. 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.

THC Farmaceuticals Business Description

Address 2789 Rio Vista Drive, Suite 3, Saint George, UT, USA, 84790
THC Farmaceuticals Inc is a clinical-stage biotechnology company specializing in the discovery, development, and commercialization of novel cannabinoid-based products in dental, ophthalmology, and other medical disciplines. It offers the combination of proprietary developments with the expertise of clinicians and scientists to unlock the therapeutic properties of cannabis and its bioactive compounds.