CSTF (CuraScientific) Days Payable: 572.59 (As of Sep. 2023)


What is CuraScientific Days Payable?

CuraScientific CSTF -99.00% Days Payable is 572.59 as of Sep. 2023.

CuraScientific's average Accounts Payable for the three months ended in Sep. 2023 was $0.75 Mil. CuraScientific's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.12 Mil. Hence, CuraScientific's Days Payable for the three months ended in Sep. 2023 was 572.59.

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

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

CuraScientific's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (572.59). It may suggest that CuraScientific delayed paying its suppliers.

CuraScientific Days Payable Historical Data

* Premium members only.

The historical data trend for CuraScientific'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.

CuraScientific Days Payable Chart

CuraScientific Annual Data
Trend Dec20 Dec21 Dec22
Days Payable
2,757.78 1,465.89 6,737.29

CuraScientific Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 213.54 572.59

CSTF vs LSDIF, CLVR, HENC: Days Payable Comparison

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

CuraScientific Days Payable vs Drug Manufacturers Industry

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

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


CuraScientific 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.

CuraScientific's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.113 + 0.33) / 2 ) / 0.012*365
=0.2215 / 0.012*365
=6,737.29

CuraScientific's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.651 + 0.855) / 2 ) / 0.12*365 / 4
=0.753 / 0.12*365 / 4
=572.59

* 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 572.59 mean?
CuraScientific (CSTF) has a Days Payable of 572.59 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CuraScientific and its competitors.
Is CuraScientific's Days Payable too high?
CuraScientific's current Days Payable is 572.59. The Drug Manufacturers industry median Days Payable is 90.98. CuraScientific's value of 572.59 is 529.4% above this industry median.
How does CuraScientific's Days Payable compare to LSDIF and CLVR?
CuraScientific's Days Payable of 572.59 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. CuraScientific's value of 572.59 is 529.4% 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. CuraScientific's current Days Payable of 572.59 is 529.4% 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 CuraScientific 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. CuraScientific's current Days Payable is 572.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CuraScientific stock overvalued right now?
CuraScientific (CSTF) has a current Days Payable of 572.59. The current Days Payable is 572.59 and 529.4% 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 CuraScientific (CSTF), the current Days Payable is 572.59 as of Sep. 2023. 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.

CuraScientific Business Description

Address 12162 Riffle Road, Nevada, CA, USA, 95959
CuraScientific Corp is a bioscience company that manufactures commercial chemical products with various applications in commercial sterilization for agriculture, warehousing, hospitality and medical facilities.