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FONWF (Flower One Holdings) Days Payable : 256.68 (As of Jun. 2022)


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What is Flower One Holdings Days Payable?

Flower One Holdings's average Accounts Payable for the three months ended in Jun. 2022 was $18.11 Mil. Flower One Holdings's Cost of Goods Sold for the three months ended in Jun. 2022 was $6.44 Mil. Hence, Flower One Holdings's Days Payable for the three months ended in Jun. 2022 was 256.68.

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

FONWF' s Days Payable Range Over the Past 10 Years
Min: 89.69   Med: 152.62   Max: 215.54
Current: 183.73

During the past 13 years, Flower One Holdings's highest Days Payable was 215.54. The lowest was 89.69. And the median was 152.62.

FONWF's Days Payable is not ranked
in the Drug Manufacturers industry.
Industry Median: 85.205 vs FONWF: 183.73

Flower One Holdings's Days Payable increased from Jun. 2021 (94.93) to Jun. 2022 (256.68). It may suggest that Flower One Holdings delayed paying its suppliers.


Flower One Holdings Days Payable Historical Data

The historical data trend for Flower One 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.

Flower One Holdings Days Payable Chart

Flower One Holdings Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 88.81 215.47

Flower One Holdings Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 94.93 98.44 300.52 240.41 256.68

Competitive Comparison of Flower One Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Flower One 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.


Flower One Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

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



Flower One 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.

Flower One Holdings's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (23.522 + 20.146) / 2 ) / 36.987*365
=21.834 / 36.987*365
=215.47

Flower One Holdings's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (18.941 + 17.278) / 2 ) / 6.438*365 / 4
=18.1095 / 6.438*365 / 4
=256.68

* 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.


Flower One Holdings Days Payable Related Terms

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Flower One Holdings Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, The Guinness Tower, Vancouver, BC, CAN, V6E 2E9
Flower One Holdings Inc through its wholly?owned subsidiaries, is a cannabis cultivator and producer and is licensed for medical and recreational cannabis cultivation and production in the State of Nevada. Its properties will be used for cannabis cultivation as well as the processing, production, and high-volume packaging of dry flower, cannabis oils, concentrates, and infused products. It produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for the top-performing brands in cannabis.

Flower One Holdings Headlines

From GuruFocus

Flower One Approves CCAA Filing

By Business Wire Business Wire 10-17-2022

Flower One Announces Third Quarter Revenue Growth of 18% Year-Over-Year

By Business Wire Business Wire 11-30-2021

Flower One Announces Delay in FY-21 Filing

By Business Wire Business Wire 05-05-2022

Flower One Reports Q1-22 Financial Results

By Business Wire Business Wire 07-23-2022

Flower One Announces FY-21 Financial Results

By Business Wire Business Wire 06-30-2022