LSDIF (Lucy Scientific Discovery) Days Payable: 29,051.72 (As of Dec. 2023)


What is Lucy Scientific Discovery Days Payable?

Lucy Scientific Discovery LSDIF Days Payable is 29,051.72 as of Dec. 2023.

Lucy Scientific Discovery's average Accounts Payable for the three months ended in Dec. 2023 was $1.27 Mil. Lucy Scientific Discovery's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil. Hence, Lucy Scientific Discovery's Days Payable for the three months ended in Dec. 2023 was 29,051.72.

The historical rank and industry rank for Lucy Scientific Discovery's Days Payable or its related term are showing as below:

LSDIF's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.98
* Ranked among companies with meaningful Days Payable only.

Lucy Scientific Discovery's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (29,051.72). It may suggest that Lucy Scientific Discovery delayed paying its suppliers.

Lucy Scientific Discovery Days Payable Historical Data

* Premium members only.

The historical data trend for Lucy Scientific Discovery'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.

Lucy Scientific Discovery Days Payable Chart

Lucy Scientific Discovery Annual Data
Trend Jun21 Jun22 Jun23
Days Payable
0.00 0.00 169,268.75

Lucy Scientific Discovery Quarterly Data
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 0.00 0.00 0.00 0.00 29,051.72

LSDIF vs INQD, ZTS, VTRS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Lucy Scientific Discovery'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.

Lucy Scientific Discovery Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Lucy Scientific Discovery's Days Payable falls into.


Lucy Scientific Discovery 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.

Lucy Scientific Discovery's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.419 + 1.291) / 2 ) / 0.004*365
=1.855 / 0.004*365
=169,268.75

Lucy Scientific Discovery'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
=( (1.199 + 1.348) / 2 ) / 0.004*365 / 4
=1.2735 / 0.004*365 / 4
=29,051.72

* 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 29,051.72 mean?
Lucy Scientific Discovery (LSDIF) has a Days Payable of 29,051.72 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 Lucy Scientific Discovery and its competitors.
Is Lucy Scientific Discovery's Days Payable too high?
Lucy Scientific Discovery's current Days Payable is 29,051.72. The Drug Manufacturers industry median Days Payable is 90.98. Lucy Scientific Discovery's value of 29,051.72 is 31832% above this industry median.
How does Lucy Scientific Discovery's Days Payable compare to INQD and ZTS?
Lucy Scientific Discovery's Days Payable of 29,051.72 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. Lucy Scientific Discovery's value of 29,051.72 is 31832% 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 Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.98, based on 923 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. Lucy Scientific Discovery's current Days Payable of 29,051.72 is 31832% 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 Lucy Scientific Discovery and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lucy Scientific Discovery's current Days Payable is 29,051.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucy Scientific Discovery stock overvalued right now?
Lucy Scientific Discovery (LSDIF) has a current Days Payable of 29,051.72. The current Days Payable is 29,051.72 and 31832% above the Drug Manufacturers industry median of 90.98. 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 Lucy Scientific Discovery (LSDIF), the current Days Payable is 29,051.72 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.

Lucy Scientific Discovery Business Description

Address 301-1321 Blanshard Street, Victoria, BC, CAN, V8W 0B6
Lucy Scientific Discovery Inc is an early-stage psychotropics contract manufacturing company focused on becoming the contract research, development, and manufacturing organization for the emerging psychotropics-based medicines industry. Its drug products are designed to treat a range of mental health and cognitive conditions.