KIARF (Kiaro Holdings) Days Payable: 82.94 (As of Oct. 2022)


What is Kiaro Holdings Days Payable?

Kiaro Holdings KIARF Days Payable is 82.94 as of Oct. 2022.

Kiaro Holdings's average Accounts Payable for the three months ended in Oct. 2022 was $2.77 Mil. Kiaro Holdings's Cost of Goods Sold for the three months ended in Oct. 2022 was $3.05 Mil. Hence, Kiaro Holdings's Days Payable for the three months ended in Oct. 2022 was 82.94.

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

KIARF's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 58.205
* Ranked among companies with meaningful Days Payable only.

Kiaro Holdings's Days Payable increased from Oct. 2021 (61.18) to Oct. 2022 (82.94). It may suggest that Kiaro Holdings delayed paying its suppliers.

Kiaro Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings Days Payable Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Days Payable
40.43 40.55

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.18 23.75 49.75 57.34 82.94

KIARF vs WBA: Days Payable Comparison

For the Pharmaceutical Retailers subindustry, Kiaro Holdings'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.

Kiaro Holdings Days Payable vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Kiaro Holdings's Days Payable falls into.


Kiaro Holdings 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.

Kiaro Holdings's Days Payable for the fiscal year that ended in Jan. 2022 is calculated as

Days Payable (A: Jan. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2021 ) + Accounts Payable (A: Jan. 2022 )) / count ) / Cost of Goods Sold (A: Jan. 2022 )*Days in Period
=( (1.041 + 2.34) / 2 ) / 15.216*365
=1.6905 / 15.216*365
=40.55

Kiaro Holdings's Days Payable for the quarter that ended in Oct. 2022 is calculated as:

Days Payable (Q: Oct. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2022 ) + Accounts Payable (Q: Oct. 2022 )) / count ) / Cost of Goods Sold (Q: Oct. 2022 )*Days in Period
=( (3.881 + 1.66) / 2 ) / 3.048*365 / 4
=2.7705 / 3.048*365 / 4
=82.94

* 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 82.94 mean?
Kiaro Holdings (KIARF) has a Days Payable of 82.94 as of Oct. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Days Payable too high?
Kiaro Holdings' current Days Payable is 82.94. The Healthcare Providers & Services industry median Days Payable is 58.21. Kiaro Holdings' value of 82.94 is 42.5% above this industry median.
How does Kiaro Holdings' Days Payable compare to WBA?
Kiaro Holdings' Days Payable of 82.94 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Payable is 58.21. Kiaro Holdings' value of 82.94 is 42.5% 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 58.21, based on 606 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. Kiaro Holdings's current Days Payable of 82.94 is 42.5% 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 Kiaro Holdings and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 58.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiaro Holdings's current Days Payable is 82.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Days Payable of 82.94. The current Days Payable is 82.94 and 42.5% above the Healthcare Providers & Services industry median of 58.21. 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 Kiaro Holdings (KIARF), the current Days Payable is 82.94 as of Oct. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.