Cannabis Suisse (Cannabis Suisse) Days Payable : 123.84 (As of Feb. 2024)

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What is Cannabis Suisse Days Payable?

Cannabis Suisse's average Accounts Payable for the three months ended in Feb. 2024 was $0.01 Mil. Cannabis Suisse's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.01 Mil. Hence, Cannabis Suisse's Days Payable for the three months ended in Feb. 2024 was 123.84.

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

CSUI' s Days Payable Range Over the Past 10 Years
Min: 86.8 Med: 243.33 Max: 5718.33
Current: 148.61

During the past 8 years, Cannabis Suisse's highest Days Payable was 5718.33. The lowest was 86.80. And the median was 243.33.

CSUI's Days Payable is ranked better than
74.87% of 975 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs CSUI: 148.61

Cannabis Suisse's Days Payable declined from Feb. 2023 (661.56) to Feb. 2024 (123.84). It may suggest that Cannabis Suisse accelerated paying its suppliers.

Cannabis Suisse Days Payable Historical Data

The historical data trend for Cannabis Suisse'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.

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Cannabis Suisse Days Payable Chart

Cannabis Suisse Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

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5,718.33

86.80

386.26

182.50

243.33

Cannabis Suisse Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															661.56	104.29	215.09	202.05	123.84

Competitive Comparison of Cannabis Suisse's Days Payable

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

Cannabis Suisse's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Cannabis Suisse 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.

Cannabis Suisse's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.001	+	0.011)	/	2 )	/	0.009	*	365
=	0.006					/	0.009	*	365
=	243.33

Cannabis Suisse's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (0.009	+	0.01)	/	2 )	/	0.007	*	365 / 4
=	0.0095					/	0.007	*	365 / 4
=	123.84

Cannabis Suisse Days Payable Related Terms

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