HPCO (Hempacco Co) Days Payable: 73.55 (As of Dec. 2023)

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What is Hempacco Co Days Payable?

Hempacco Co HPCO Days Payable is 73.55 as of Dec. 2023.

Hempacco Co's average Accounts Payable for the three months ended in Dec. 2023 was $2.05 Mil. Hempacco Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.54 Mil. Hence, Hempacco Co's Days Payable for the three months ended in Dec. 2023 was 73.55.

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

HPCO's Days Payable is not ranked *
in the Tobacco Products industry.
Industry Median: 55.11
* Ranked among companies with meaningful Days Payable only.

Hempacco Co's Days Payable increased from Dec. 2022 (35.45) to Dec. 2023 (73.55). It may suggest that Hempacco Co delayed paying its suppliers.


Hempacco Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co Days Payable Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
201.56 162.34 32.21 129.96

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.45 56.57 65.59 29.10 73.55

HPCO vs PM, MO: Days Payable Comparison

For the Tobacco subindustry, Hempacco Co'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.


Hempacco Co Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hempacco Co's Days Payable falls into.



Hempacco Co 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.

Hempacco Co'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
=( (0.398 + 3.349) / 2 ) / 5.262*365
=1.8735 / 5.262*365
=129.96

Hempacco Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.752 + 3.349) / 2 ) / 2.544*365 / 4
=2.0505 / 2.544*365 / 4
=73.55

* 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 73.55 mean?
Hempacco Co (HPCO) has a Days Payable of 73.55 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Days Payable too high?
Hempacco Co's current Days Payable is 73.55. The Tobacco Products industry median Days Payable is 55.11. Hempacco Co's value of 73.55 is 33.5% above this industry median.
How does Hempacco Co's Days Payable compare to PM and MO?
Hempacco Co's Days Payable of 73.55 can be compared against companies in the Tobacco Products industry. The industry median Days Payable is 55.11. Hempacco Co's value of 73.55 is 33.5% 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 55.11, based on 47 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. Hempacco Co's current Days Payable of 73.55 is 33.5% 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 Hempacco Co and its competitors. For the Tobacco Products industry, the median Days Payable is 55.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hempacco Co's current Days Payable is 73.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Days Payable of 73.55. The current Days Payable is 73.55 and 33.5% above the Tobacco Products industry median of 55.11. 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 Hempacco Co (HPCO), the current Days Payable is 73.55 as of Dec. 2023. 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.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.