CubicFarm Systems (FRA:7CU) Days Payable: 30,291.96 (As of Sep. 2024)


FRA:7CU CubicFarm Systems Corp FRA:7CU
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What is CubicFarm Systems Days Payable?

CubicFarm Systems FRA:7CU 10 Days Payable is 30,291.96 as of Sep. 2024. GuruFocus rates FRA:7CU with a GF Score™ of 10/100.

CubicFarm Systems's average Accounts Payable for the three months ended in Sep. 2024 was €4.98 Mil. CubicFarm Systems's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.02 Mil. Hence, CubicFarm Systems's Days Payable for the three months ended in Sep. 2024 was 30,291.96.

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

FRA:7CU's Days Payable is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 69.415
* Ranked among companies with meaningful Days Payable only.

CubicFarm Systems's Days Payable increased from Sep. 2023 (5,476.01) to Sep. 2024 (30,291.96). It may suggest that CubicFarm Systems delayed paying its suppliers.

CubicFarm Systems Days Payable Historical Data

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The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Days Payable Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 45.78 108.75 90.80 125.88 535.54

CubicFarm Systems 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 5,476.01 3,623.20 15,533.56 0.00 30,291.96

FRA:7CU vs LEVGQ, NKLAQ, UGRO: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.

CubicFarm Systems Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where CubicFarm Systems's Days Payable falls into.


FRA:7CU
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CubicFarm Systems Corp FRA:7CU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems 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.

CubicFarm Systems'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
=( (3.88 + 4.448) / 2 ) / 2.838*365
=4.164 / 2.838*365
=535.54

CubicFarm Systems'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
=( (4.803 + 5.156) / 2 ) / 0.015*365 / 4
=4.9795 / 0.015*365 / 4
=30,291.96

* 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 30,291.96 mean?
CubicFarm Systems (FRA:7CU) has a Days Payable of 30,291.96 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 CubicFarm Systems and its competitors.
Is CubicFarm Systems' Days Payable too high?
CubicFarm Systems' current Days Payable is 30,291.96. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. CubicFarm Systems' value of 30,291.96 is 43538.9% above this industry median. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Days Payable compare to LEVGQ and NKLAQ?
CubicFarm Systems' Days Payable of 30,291.96 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Payable is 69.42. CubicFarm Systems' value of 30,291.96 is 43538.9% 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 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. CubicFarm Systems's current Days Payable of 30,291.96 is 43538.9% 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 CubicFarm Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubicFarm Systems's current Days Payable is 30,291.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (FRA:7CU) has a current Days Payable of 30,291.96. The current Days Payable is 30,291.96 and 43538.9% above the Farm & Heavy Construction Machinery industry median of 69.42. CubicFarm Systems' 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 CubicFarm Systems (FRA:7CU), the current Days Payable is 30,291.96 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.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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