Fire & Flower Holdings (Fire & Flower Holdings) Days Payable : 53.74 (As of Mar. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Fire & Flower Holdings Days Payable?

Fire & Flower Holdings's average Accounts Payable for the three months ended in Mar. 2023 was $13.9 Mil. Fire & Flower Holdings's Cost of Goods Sold for the three months ended in Mar. 2023 was $22.4 Mil. Hence, Fire & Flower Holdings's Days Payable for the three months ended in Mar. 2023 was 56.62.

The historical rank and industry rank for Fire & Flower Holdings's Days Payable or its related term are showing as below:

FFLWF's Days Payable is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 61.58
* Ranked among companies with meaningful Days Payable only.

Fire & Flower Holdings's Days Payable declined from Jan. 2022 (70.76) to Mar. 2023 (53.74). It may suggest that Fire & Flower Holdings accelerated paying its suppliers.

Fire & Flower Holdings Days Payable Historical Data

The historical data trend for Fire & Flower Holdings'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.

* Premium members only.

Fire & Flower Holdings Days Payable Chart

Fire & Flower Holdings Annual Data

Trend

Jan20

Jan21

Jan22

Days Payable

142.95

71.61

66.92

Fire & Flower Holdings Quarterly Data
	Feb18	May18	Aug18	Nov18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23
Days Payable	Get a 7-Day Free Trial															70.76	63.56	50.77	52.18	53.74

Competitive Comparison of Fire & Flower Holdings's Days Payable

For the Pharmaceutical Retailers subindustry, Fire & Flower Holdings'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.

Fire & Flower Holdings's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fire & Flower Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Fire & Flower Holdings's Days Payable falls into.

Fire & Flower Holdings 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.

Fire & Flower Holdings's Days Payable for the fiscal year that ended in Jan. 2022 is calculated as

	Days Payable (A: Jan. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2021 )	+	Accounts Payable (A: Jan. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2022 )	*	Days in Period
=	( (15.756	+	17.19)	/	2 )	/	89.847	*	365
=	16.473					/	89.847	*	365
=	66.92

Fire & Flower Holdings's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (14.603	+	13.191)	/	2 )	/	22.397	*	365 / 4
=	13.897					/	22.397	*	365 / 4
=	56.62

Fire & Flower Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Fire & Flower Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fire & Flower Holdings (Fire & Flower Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fire & Flower Holdings Corp (OTCPK:FFLWF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 King Street West, Suite 2500, Toronto, ON, CAN, M5X 1C8

Website

https://www.fireandflower.com

Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.

Fire & Flower Holdings (Fire & Flower Holdings) Headlines

From GuruFocus

Fire & Flower US Holdings Inc. Closes $5,000,000 Convertible Debenture Financing

By PRNewswire PRNewswire • 08-25-2022

BDSA Expands Retail Sales Tracking into the Canadian Market through Strategic Licensing Agreement with Fire & Flower Subsidiary Hifyre�

By Marketwired Marketwired • 03-10-2021