CNNA (Cann American) Days Payable: 0.00 (As of Aug. 2012)

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What is Cann American Days Payable?

Cann American CNNA -6.25% Days Payable is 0.00 as of Aug. 2012.

Cann American's average Accounts Payable for the three months ended in Aug. 2012 was $0.02 Mil. Cann American's Cost of Goods Sold for the three months ended in Aug. 2012 was $0.00 Mil.

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

CNNA's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.38
* Ranked among companies with meaningful Days Payable only.

Cann American's Days Payable stayed the same from Aug. 2011 (0.00) to Aug. 2012 (0.00). stayed the same

Cann American Days Payable Historical Data

* Premium members only.

The historical data trend for Cann American'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.

Cann American Days Payable Chart

Cann American Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12
Days Payable
0.00 0.00 0.00 0.00 0.00

Cann American Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12
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

CNNA vs GLUC, HISP, FTLF: Days Payable Comparison

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

Cann American Days Payable vs Drug Manufacturers Industry

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

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


Cann American 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.

Cann American's Days Payable for the fiscal year that ended in Feb. 2012 is calculated as

Days Payable (A: Feb. 2012 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2011 ) + Accounts Payable (A: Feb. 2012 )) / count ) / Cost of Goods Sold (A: Feb. 2012 )*Days in Period
=( (0.031 + 0.202) / 2 ) / 0*365
=0.1165 / 0*365
=N/A

Cann American's Days Payable for the quarter that ended in Aug. 2012 is calculated as:

Days Payable (Q: Aug. 2012 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2012 ) + Accounts Payable (Q: Aug. 2012 )) / count ) / Cost of Goods Sold (Q: Aug. 2012 )*Days in Period
=( (0.033 + 0.016) / 2 ) / 0*365 / 4
=0.0245 / 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?
Cann American (CNNA) has a Days Payable of 0.00 as of Aug. 2012. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cann American and its competitors.
Is Cann American's Days Payable too high?
Cann American's current Days Payable is 0.00.
How does Cann American's Days Payable compare to GLUC and HISP?
Cann American's Days Payable of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.38. 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 90.38, based on 925 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 Cann American and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cann American'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 Cann American stock overvalued right now?
Cann American (CNNA) 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 Cann American (CNNA), the current Days Payable is 0.00 as of Aug. 2012. 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.

Cann American Business Description

Address 320 Santana Drive, Suite C, Cloverdale, CA, USA, 95425
Cann American Corp is engaged in developing assets in legal cannabis and hemp industries. It is focused on consulting, infrastructure developming assets, product marketing and strategic acquisitions within the legal cannabis and hemp industries.