HYTNF (HYTN Innovations) Days Payable : 899.46 (As of Dec. 2024)

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What is HYTN Innovations Days Payable?

HYTN Innovations's average Accounts Payable for the three months ended in Dec. 2024 was $0.76 Mil. HYTN Innovations's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.08 Mil. Hence, HYTN Innovations's Days Payable for the three months ended in Dec. 2024 was 899.46.

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

HYTNF' s Days Payable Range Over the Past 10 Years
Min: 17.41 Med: 17.41 Max: 739.57
Current: 739.57

During the past 6 years, HYTN Innovations's highest Days Payable was 739.57. The lowest was 17.41. And the median was 17.41.

HYTNF's Days Payable is ranked better than
98.51% of 201 companies
in the Beverages - Alcoholic industry
Industry Median: 78.76 vs HYTNF: 739.57

HYTN Innovations's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (899.46). It may suggest that HYTN Innovations delayed paying its suppliers.

HYTN Innovations Days Payable Historical Data

The historical data trend for HYTN Innovations'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.

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HYTN Innovations Days Payable Chart

HYTN Innovations Annual Data

Trend

Sep19

Sep20

Jan21

Jan22

Sep23

Sep24

Days Payable

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18.40

HYTN Innovations Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial														-	-	-	-	899.46

Competitive Comparison of HYTN Innovations's Days Payable

For the Beverages - Brewers subindustry, HYTN Innovations'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.

HYTN Innovations's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Days Payable distribution charts can be found below:

* The bar in red indicates where HYTN Innovations's Days Payable falls into.

HYTN Innovations 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.

HYTN Innovations's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.416	*	365
=	0					/	0.416	*	365
=	0.00

HYTN Innovations's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0.759)	/	1 )	/	0.077	*	365 / 4
=	0.759					/	0.077	*	365 / 4
=	899.46

HYTN Innovations Days Payable Related Terms

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HYTN Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » HYTN Innovations Inc (OTCPK:HYTNF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

85W0:Germany HYTN:Canada

Address

890 Clement Avenue, Unit 303, Kelowna, BC, CAN, V1Y 7E4

Website

https://www.hytn.life

HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The company generates revenue from the sale of cannabis-related products such as Cannabis-beverage sales, Cannabis - flower sales, Cannabis - edible sales. The majority of revenue is generated from Cannabis - beverage sales.

HYTN Innovations Headlines

From GuruFocus

HYTN Awarded Drug Establishment License from Health Canada,�Expanding GMP Capabilities

By Marketwired • 06-27-2024