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FinCanna Capital (FRA:4AL0) Days Payable : 189.56 (As of Jan. 2024)


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What is FinCanna Capital Days Payable?

FinCanna Capital's average Accounts Payable for the three months ended in Jan. 2024 was €0.17 Mil. FinCanna Capital's Cost of Goods Sold for the three months ended in Jan. 2024 was €0.08 Mil. Hence, FinCanna Capital's Days Payable for the three months ended in Jan. 2024 was 189.56.

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

FRA:4AL0' s Days Payable Range Over the Past 10 Years
Min: 119.71   Med: 170.62   Max: 1093.57
Current: 176.17

During the past 12 years, FinCanna Capital's highest Days Payable was 1093.57. The lowest was 119.71. And the median was 170.62.

FRA:4AL0's Days Payable is ranked better than
75.62% of 283 companies
in the Credit Services industry
Industry Median: 49.08 vs FRA:4AL0: 176.17

FinCanna Capital's Days Payable increased from Jan. 2023 (56.26) to Jan. 2024 (189.56). It may suggest that FinCanna Capital delayed paying its suppliers.


FinCanna Capital Days Payable Historical Data

The historical data trend for FinCanna Capital'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.

FinCanna Capital Days Payable Chart

FinCanna Capital Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,073.53 171.63 172.76 115.62 127.96

FinCanna Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 56.26 166.08 186.38 174.16 189.56

Competitive Comparison of FinCanna Capital's Days Payable

For the Credit Services subindustry, FinCanna Capital'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.


FinCanna Capital's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FinCanna Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where FinCanna Capital's Days Payable falls into.



FinCanna Capital 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.

FinCanna Capital's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (0.347 + 0.202) / 2 ) / 0.783*365
=0.2745 / 0.783*365
=127.96

FinCanna Capital's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.173 + 0.176) / 2 ) / 0.084*365 / 4
=0.1745 / 0.084*365 / 4
=189.56

* 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.


FinCanna Capital Days Payable Related Terms

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FinCanna Capital (FRA:4AL0) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
FinCanna Capital Corp is a Canada based royalty investment company for licensed medical cannabis. The organization operates in one business segment, being a financier of companies operating in the cannabis sector located in the United States.

FinCanna Capital (FRA:4AL0) Headlines

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