Craftport Cannabis (FRA:BBW0) Days Payable: 620.67 (As of Sep. 2022)

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FRA:BBW0 Craftport Cannabis Corp FRA:BBW0
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Price €0.02
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What is Craftport Cannabis Days Payable?

Craftport Cannabis FRA:BBW0 10 Days Payable is 620.67 as of Sep. 2022. GuruFocus rates FRA:BBW0 with a GF Score™ of 10/100.

Craftport Cannabis's average Accounts Payable for the three months ended in Sep. 2022 was €1.12 Mil. Craftport Cannabis's Cost of Goods Sold for the three months ended in Sep. 2022 was €0.16 Mil. Hence, Craftport Cannabis's Days Payable for the three months ended in Sep. 2022 was 620.67.

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

FRA:BBW0's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 88.385
* Ranked among companies with meaningful Days Payable only.

Craftport Cannabis's Days Payable declined from Sep. 2021 (657.11) to Sep. 2022 (620.67). It may suggest that Craftport Cannabis accelerated paying its suppliers.

Craftport Cannabis Days Payable Historical Data

* Premium members only.

The historical data trend for Craftport Cannabis'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.

Craftport Cannabis Days Payable Chart

Craftport Cannabis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 839.12 366.83 658.82

Craftport Cannabis Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 657.11 368.91 10,407.06 2,058.39 620.67

FRA:BBW0 vs ZTS, CTLT, VTRS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Craftport Cannabis'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.

Craftport Cannabis Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Craftport Cannabis's Days Payable falls into.


FRA:BBW0
10GF Score
Craftport Cannabis Corp FRA:BBW0
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Craftport Cannabis 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.

Craftport Cannabis'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
=( (1.578 + 1.097) / 2 ) / 0.741*365
=1.3375 / 0.741*365
=658.82

Craftport Cannabis's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (1.162 + 1.069) / 2 ) / 0.164*365 / 4
=1.1155 / 0.164*365 / 4
=620.67

* 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 620.67 mean?
Craftport Cannabis (FRA:BBW0) has a Days Payable of 620.67 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Craftport Cannabis and its competitors.
Is Craftport Cannabis' Days Payable too high?
Craftport Cannabis' current Days Payable is 620.67. The Drug Manufacturers industry median Days Payable is 88.39. Craftport Cannabis' value of 620.67 is 602.2% above this industry median. Overall, Craftport Cannabis has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Craftport Cannabis' Days Payable compare to ZTS and CTLT?
Craftport Cannabis' Days Payable of 620.67 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 88.39. Craftport Cannabis' value of 620.67 is 602.2% 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 88.39, based on 928 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. Craftport Cannabis's current Days Payable of 620.67 is 602.2% 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 Craftport Cannabis and its competitors. For the Drug Manufacturers industry, the median Days Payable is 88.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Craftport Cannabis's current Days Payable is 620.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Craftport Cannabis stock overvalued right now?
Craftport Cannabis (FRA:BBW0) has a current Days Payable of 620.67. The current Days Payable is 620.67 and 602.2% above the Drug Manufacturers industry median of 88.39. Craftport Cannabis' 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 Craftport Cannabis (FRA:BBW0), the current Days Payable is 620.67 as of Sep. 2022. 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.

Craftport Cannabis Business Description

Address 4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3
Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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