Corix Bioscience (Corix Bioscience) Days Payable : 0.00 (As of Sep. 2017)

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What is Corix Bioscience Days Payable?

Corix Bioscience's average Accounts Payable for the three months ended in Sep. 2017 was $0.43 Mil. Corix Bioscience's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.00 Mil.

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

CXBS's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 88.97
* Ranked among companies with meaningful Days Payable only.

Corix Bioscience's Days Payable stayed the same from Sep. 2016 (0.00) to Sep. 2017 (0.00). stayed the same

Corix Bioscience Days Payable Historical Data

The historical data trend for Corix Bioscience'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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Corix Bioscience Days Payable Chart

Corix Bioscience Annual Data

Trend

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Days Payable

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Corix Bioscience Quarterly Data
	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Corix Bioscience's Days Payable

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

Corix Bioscience's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Corix Bioscience 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.

Corix Bioscience's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0	+	0.185)	/	1 )	/	0	*	365
=	0.185					/	0	*	365
=	N/A

Corix Bioscience's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

	Days Payable (Q: Sep. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2017 )	+	Accounts Payable (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (0.827	+	0.026)	/	2 )	/	0	*	365 / 4
=	0.4265					/	0	*	365 / 4
=	N/A

Corix Bioscience Days Payable Related Terms

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Corix Bioscience (Corix Bioscience) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Corix Bioscience Inc (GREY:CXBS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18662 MaCaurther Boulevard, Suite 200, Irvine, CA, USA, 85085

Website

http://www.corixbioscience.com

Corix Bioscience Inc is a United States-based research and development firm of cannabidiol (CBD) products and treatments. It is engaged in the business of producing organic CBD oil used for medical applications and treatments. In addition, the group is also focused on the production of tetrahydrocannabivarin oil. The company is focused on operations in Oregon, California, and Nevada, United States.

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