CLCFF (Christina Lake Cannabis) Days Payable: 20.38 (As of Nov. 2025) — 13% Below Median


What is Christina Lake Cannabis Days Payable?

Christina Lake Cannabis CLCFF -11.49% Days Payable is 20.38 as of Nov. 2025, which is 13% below its 10-year median of 23.38. The stock has 5 warning signs investors should review. Among 923 Drug Manufacturers companies, Christina Lake Cannabis ranks worse than 88.62% on this metric.

Christina Lake Cannabis's average Accounts Payable for the three months ended in Nov. 2025 was $0.53 Mil. Christina Lake Cannabis's Cost of Goods Sold for the three months ended in Nov. 2025 was $2.37 Mil. Hence, Christina Lake Cannabis's Days Payable for the three months ended in Nov. 2025 was 20.38.

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

CLCFF' s Days Payable Range Over the Past 10 Years
Min: 20.12   Med: 23.38   Max: 31.93
Current: 31.93

During the past 6 years, Christina Lake Cannabis's highest Days Payable was 31.93. The lowest was 20.12. And the median was 23.38.

CLCFF's Days Payable is ranked worse than
88.62% of 923 companies
in the Drug Manufacturers industry
Industry Median: 90.98 vs CLCFF: 31.93

Christina Lake Cannabis's Days Payable declined from Aug. 2024 (28.16) to Nov. 2025 (20.38). It may suggest that Christina Lake Cannabis accelerated paying its suppliers.


Christina Lake Cannabis Days Payable Historical Data

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The historical data trend for Christina Lake Cannabis'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.

Christina Lake Cannabis Days Payable Chart

Christina Lake Cannabis Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Payable
Get a 7-Day Free Trial 0.00 0.00 26.55 20.67 23.60

Christina Lake Cannabis Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 May25 Aug25 Nov25
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 28.16 37.01 20.00 37.58 20.38

CLCFF vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Christina Lake Cannabis'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.


Christina Lake Cannabis Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Christina Lake Cannabis's Days Payable falls into.



Christina Lake Cannabis 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.

Christina Lake Cannabis's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

Days Payable (A: Nov. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2022 ) + Accounts Payable (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (0.362 + 0.409) / 2 ) / 5.962*365
=0.3855 / 5.962*365
=23.60

Christina Lake Cannabis's Days Payable for the quarter that ended in Nov. 2025 is calculated as:

Days Payable (Q: Nov. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2025 ) + Accounts Payable (Q: Nov. 2025 )) / count ) / Cost of Goods Sold (Q: Nov. 2025 )*Days in Period
=( (0.557 + 0.501) / 2 ) / 2.368*365 / 4
=0.529 / 2.368*365 / 4
=20.38

* 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 20.38 mean?
Christina Lake Cannabis (CLCFF) has a Days Payable of 20.38 as of Nov. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Christina Lake Cannabis and its competitors. This is 13% below median its historical median of 23.38. Over the past decade, Christina Lake Cannabis' Days Payable has ranged from 20.12 to 31.93. According to the industry distribution chart, Christina Lake Cannabis ranks #818 out of 923 companies in the Drug Manufacturers industry, placing it in the top 88.6%.
Is Christina Lake Cannabis' Days Payable too high?
Christina Lake Cannabis' current Days Payable of 20.38 is 13% below median its 10-year median of 23.38. Over the past 10 years, this metric has ranged from a low of 20.12 to a high of 31.93. The Drug Manufacturers industry median Days Payable is 90.98. Christina Lake Cannabis' value of 20.38 is 77.6% below this industry median. Based on the distribution chart, Christina Lake Cannabis ranks #818 out of 923 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Christina Lake Cannabis' Days Payable compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Christina Lake Cannabis ranks #818 out of 923 companies for Days Payable. This places Christina Lake Cannabis in the lower half of its industry. The industry median Days Payable is 90.98. Christina Lake Cannabis' value of 20.38 is 77.6% below this benchmark. Historically, Christina Lake Cannabis' own Days Payable has ranged from 20.12 to 31.93 over the past decade. While the company's 10-year median is 23.38 vs. the industry median of 90.98, Christina Lake Cannabis has consistently been below the industry average. 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. Christina Lake Cannabis's current Days Payable of 20.38 is 77.6% 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 Christina Lake Cannabis 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. Christina Lake Cannabis's current Days Payable is 20.38, which is 13% below median its own 10-year median of 23.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Christina Lake Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Christina Lake Cannabis (CLCFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.04, compared to a current price of $0.02 — trading 53% below its estimated fair value. The current Days Payable is 20.38, which is 13% below median its 10-year median of 23.38 and 77.6% below 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 Christina Lake Cannabis (CLCFF), the current Days Payable is 20.38 as of Nov. 2025. 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.

Christina Lake Cannabis Business Description

Other Exchanges CLB:GermanyCLC:Canada
Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flowers, oil cannabinoids, and hemp-based extracts and derivatives, serving domestic and international markets.