Flora Growth (FRA:7301) Days Payable : 50.12 (As of Dec. 2024)

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What is Flora Growth Days Payable?

Flora Growth's average Accounts Payable for the three months ended in Dec. 2024 was €5.61 Mil. Flora Growth's Cost of Goods Sold for the three months ended in Dec. 2024 was €10.21 Mil. Hence, Flora Growth's Days Payable for the three months ended in Dec. 2024 was 50.12.

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

FRA:7301' s Days Payable Range Over the Past 10 Years
Min: 40.49 Med: 92.8 Max: 15423.86
Current: 41.7

During the past 6 years, Flora Growth's highest Days Payable was 15423.86. The lowest was 40.49. And the median was 92.80.

FRA:7301's Days Payable is ranked worse than
81.62% of 936 companies
in the Drug Manufacturers industry
Industry Median: 87.285 vs FRA:7301: 41.70

Flora Growth's Days Payable increased from Dec. 2023 (37.68) to Dec. 2024 (50.12). It may suggest that Flora Growth delayed paying its suppliers.

Flora Growth Days Payable Historical Data

The historical data trend for Flora Growth'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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Flora Growth Days Payable Chart

Flora Growth Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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15,864.91

114.01

91.42

41.21

40.27

Flora Growth Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial														37.68	32.50	34.91	54.12	50.12

Competitive Comparison of Flora Growth's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Flora Growth'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.

Flora Growth's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Flora Growth's Days Payable falls into.

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Flora Growth 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.

Flora Growth's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (4.687	+	5.218)	/	2 )	/	44.892	*	365
=	4.9525					/	44.892	*	365
=	40.27

Flora Growth's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5.995	+	5.218)	/	2 )	/	10.208	*	365 / 4
=	5.6065					/	10.208	*	365 / 4
=	50.12

Flora Growth Days Payable Related Terms

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Flora Growth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Flora Growth Corp (FRA:7301) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FLGC:USA 7301:Germany

Address

3230 W. Commercial Boulevard, Suite 180, Fort Lauderdale, FL, USA, 33309

Website

https://www.floragrowth.com

Flora Growth Corp is a multi-national cannabis company that manufactures and distributes consumer packaged goods, cultivates and distributes medicinal cannabis, and distributes pharmaceutical products. Its reportable segments are: the commercial and wholesale segment (FGH and Cosechemos subsidiaries) and the house of brands segment (JustCBD, Vessel, and Kasa Wholefoods Company subsidiaries). Geographically, the company generates revenue from the United States, Germany, Australia, and the United Kingdom. It generates revenue as a distributor of pharmaceutical goods, and a manufacturer and reseller of a range of cannabis-based and complementary products.

Flora Growth Headlines

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