GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Numinus Wellness Inc (FRA:LR23) » Definitions » Days Payable

Numinus Wellness (FRA:LR23) Days Payable : 69.88 (As of Feb. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Numinus Wellness Days Payable?

Numinus Wellness's average Accounts Payable for the three months ended in Feb. 2024 was €1.77 Mil. Numinus Wellness's Cost of Goods Sold for the three months ended in Feb. 2024 was €2.31 Mil. Hence, Numinus Wellness's Days Payable for the three months ended in Feb. 2024 was 69.88.

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

FRA:LR23' s Days Payable Range Over the Past 10 Years
Min: 63.77   Med: 346.93   Max: 1152.95
Current: 63.77

During the past 5 years, Numinus Wellness's highest Days Payable was 1152.95. The lowest was 63.77. And the median was 346.93.

FRA:LR23's Days Payable is ranked better than
51.27% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.63 vs FRA:LR23: 63.77

Numinus Wellness's Days Payable declined from Feb. 2023 (77.31) to Feb. 2024 (69.88). It may suggest that Numinus Wellness accelerated paying its suppliers.


Numinus Wellness Days Payable Historical Data

The historical data trend for Numinus Wellness'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.

Numinus Wellness Days Payable Chart

Numinus Wellness Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
1,153.58 674.21 336.68 149.43 73.08

Numinus Wellness Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 77.31 62.95 57.51 64.97 69.88

Competitive Comparison of Numinus Wellness's Days Payable

For the Medical Care Facilities subindustry, Numinus Wellness'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.


Numinus Wellness's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Numinus Wellness's Days Payable distribution charts can be found below:

* The bar in red indicates where Numinus Wellness's Days Payable falls into.



Numinus Wellness 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.

Numinus Wellness's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (2.071 + 1.964) / 2 ) / 10.076*365
=2.0175 / 10.076*365
=73.08

Numinus Wellness's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1.68 + 1.864) / 2 ) / 2.314*365 / 4
=1.772 / 2.314*365 / 4
=69.88

* 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.


Numinus Wellness Days Payable Related Terms

Thank you for viewing the detailed overview of Numinus Wellness's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Numinus Wellness (FRA:LR23) Business Description

Traded in Other Exchanges
Address
801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4
Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.

Numinus Wellness (FRA:LR23) Headlines

No Headlines