FFNTF (4Front Ventures) Days Payable: 99.90 (As of Sep. 2024)


FFNTF 4Front Ventures Corp FFNTF
10 GF Score
Price $0.00
View Full Analysis

What is 4Front Ventures Days Payable?

4Front Ventures FFNTF -90.00% 10 Days Payable is 99.90 as of Sep. 2024. GuruFocus rates FFNTF with a GF Score™ of 10/100.

4Front Ventures's average Accounts Payable for the three months ended in Sep. 2024 was $14.75 Mil. 4Front Ventures's Cost of Goods Sold for the three months ended in Sep. 2024 was $13.47 Mil. Hence, 4Front Ventures's Days Payable for the three months ended in Sep. 2024 was 99.90.

The historical rank and industry rank for 4Front Ventures's Days Payable or its related term are showing as below:

FFNTF's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

4Front Ventures's Days Payable increased from Sep. 2023 (89.87) to Sep. 2024 (99.90). It may suggest that 4Front Ventures delayed paying its suppliers.

4Front Ventures Days Payable Historical Data

* Premium members only.

The historical data trend for 4Front Ventures'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.

4Front Ventures Days Payable Chart

4Front Ventures Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.40 46.32 22.67 42.94 79.72

4Front Ventures Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 89.87 85.49 102.53 109.53 99.90

FFNTF vs CRYM, PNXP, SKYI: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.

4Front Ventures Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where 4Front Ventures's Days Payable falls into.


FFNTF
10GF Score
4Front Ventures Corp FFNTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

4Front Ventures 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.

4Front Ventures's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (11.101 + 11.415) / 2 ) / 51.543*365
=11.258 / 51.543*365
=79.72

4Front Ventures's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (13.261 + 16.229) / 2 ) / 13.468*365 / 4
=14.745 / 13.468*365 / 4
=99.90

* 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 99.90 mean?
4Front Ventures (FFNTF) has a Days Payable of 99.90 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on 4Front Ventures and its competitors.
Is 4Front Ventures' Days Payable too high?
4Front Ventures' current Days Payable is 99.90. The Drug Manufacturers industry median Days Payable is 90.84. 4Front Ventures' value of 99.90 is 10% above this industry median. Overall, 4Front Ventures has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does 4Front Ventures' Days Payable compare to CRYM and PNXP?
4Front Ventures' Days Payable of 99.90 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. 4Front Ventures' value of 99.90 is 10% 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 90.84, based on 920 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. 4Front Ventures's current Days Payable of 99.90 is 10% 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 4Front Ventures and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 4Front Ventures's current Days Payable is 99.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 4Front Ventures stock overvalued right now?
4Front Ventures (FFNTF) has a current Days Payable of 99.90. The current Days Payable is 99.90 and 10% above the Drug Manufacturers industry median of 90.84. 4Front Ventures' overall GF Score™ is 10/100. 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 4Front Ventures (FFNTF), the current Days Payable is 99.90 as of Sep. 2024. 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.

4Front Ventures Business Description

Address 7010 E. Chauncey Lane, Suite 235, Phoenix, AZ, USA, 85054
4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to owned dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.
10GF Score

Get the complete analysis for FFNTF

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price