TPCO Holding (TPCO Holding) Days Payable : 30.15 (As of Mar. 2023)

View and export this data going back to 2020. Start your Free Trial

What is TPCO Holding Days Payable?

TPCO Holding's average Accounts Payable for the three months ended in Mar. 2023 was $3.39 Mil. TPCO Holding's Cost of Goods Sold for the three months ended in Mar. 2023 was $10.27 Mil. Hence, TPCO Holding's Days Payable for the three months ended in Mar. 2023 was 30.15.

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

GRMWF' s Days Payable Range Over the Past 10 Years
Min: 30.42 Med: 66.51 Max: 94.64
Current: 30.42

During the past 4 years, TPCO Holding's highest Days Payable was 94.64. The lowest was 30.42. And the median was 66.51.

GRMWF's Days Payable is not ranked
in the Drug Manufacturers industry.
Industry Median: 87.51 vs GRMWF: 30.42

TPCO Holding's Days Payable declined from Mar. 2022 (42.32) to Mar. 2023 (30.15). It may suggest that TPCO Holding accelerated paying its suppliers.

TPCO Holding Days Payable Historical Data

The historical data trend for TPCO Holding'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.

TPCO Holding Days Payable Chart

TPCO Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

100.14

40.03

TPCO Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Payable	Get a 7-Day Free Trial									42.32	27.21	39.39	31.51	30.15

Competitive Comparison of TPCO Holding's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, TPCO Holding'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.

TPCO Holding's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where TPCO Holding's Days Payable falls into.

TPCO Holding 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.

TPCO Holding's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (8.391	+	4.25)	/	2 )	/	57.627	*	365
=	6.3205					/	57.627	*	365
=	40.03

TPCO Holding's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (4.25	+	2.539)	/	2 )	/	10.273	*	365 / 4
=	3.3945					/	10.273	*	365 / 4
=	30.15

TPCO Holding Days Payable Related Terms

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

TPCO Holding (TPCO Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TPCO Holding Corp (OTCPK:GRMWF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Leigh Avenue, San Jose, CA, USA, 95125

Website

https://www.theparent.co

TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.