Choom Holdings (LTS:0Q5S) Days Payable: 45.98 (As of Dec. 2021) — 52% Below Median

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What is Choom Holdings Days Payable?

Choom Holdings LTS:0Q5S Days Payable is 45.98 as of Dec. 2021, which is 52% below its 10-year median of 96.13. The stock has 3 warning signs investors should review.

Choom Holdings's average Accounts Payable for the three months ended in Dec. 2021 was £0.78 Mil. Choom Holdings's Cost of Goods Sold for the three months ended in Dec. 2021 was £1.55 Mil. Hence, Choom Holdings's Days Payable for the three months ended in Dec. 2021 was 45.98.

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

LTS:0Q5S' s Days Payable Range Over the Past 10 Years
Min: 59.62   Med: 96.13   Max: 1658.77
Current: 58.59

During the past 13 years, Choom Holdings's highest Days Payable was 1658.77. The lowest was 59.62. And the median was 96.13.

LTS:0Q5S's Days Payable is not ranked
in the Drug Manufacturers industry.
Industry Median: 90.38 vs LTS:0Q5S: 58.59

Choom Holdings's Days Payable declined from Dec. 2020 (56.09) to Dec. 2021 (45.98). It may suggest that Choom Holdings accelerated paying its suppliers.


Choom Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Choom 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.

Choom Holdings Days Payable Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1,632.69 96.31 59.90

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.09 61.77 68.65 57.69 45.98

LTS:0Q5S vs KAYS, PHCG, SGBI: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Choom 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.


Choom Holdings Days Payable vs Drug Manufacturers Industry

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

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



Choom 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.

Choom Holdings's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

Days Payable (A: Jun. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2020 ) + Accounts Payable (A: Jun. 2021 )) / count ) / Cost of Goods Sold (A: Jun. 2021 )*Days in Period
=( (1.166 + 1.498) / 2 ) / 8.117*365
=1.332 / 8.117*365
=59.90

Choom Holdings's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

Days Payable (Q: Dec. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2021 ) + Accounts Payable (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (0.711 + 0.848) / 2 ) / 1.547*365 / 4
=0.7795 / 1.547*365 / 4
=45.98

* 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 45.98 mean?
Choom Holdings (LTS:0Q5S) has a Days Payable of 45.98 as of Dec. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Choom Holdings and its competitors. This is 52% below median its historical median of 96.13. Over the past decade, Choom Holdings' Days Payable has ranged from 59.62 to 1,658.77.
Is Choom Holdings' Days Payable too high?
Choom Holdings' current Days Payable of 45.98 is 52% below median its 10-year median of 96.13. Over the past 10 years, this metric has ranged from a low of 59.62 to a high of 1,658.77. The Drug Manufacturers industry median Days Payable is 90.38. Choom Holdings' value of 45.98 is 49.1% below this industry median.
How does Choom Holdings' Days Payable compare to KAYS and PHCG?
Choom Holdings' Days Payable of 45.98 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.38. Choom Holdings' value of 45.98 is 49.1% below this benchmark. Historically, Choom Holdings' own Days Payable has ranged from 59.62 to 1,658.77 over the past decade. While the company's 10-year median is 96.13 vs. the industry median of 90.38, Choom Holdings has consistently been below the industry average. 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 90.38, based on 927 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. Choom Holdings's current Days Payable of 45.98 is 49.1% below 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 Choom Holdings and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choom Holdings's current Days Payable is 45.98, which is 52% below median its own 10-year median of 96.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choom Holdings stock overvalued right now?
Choom Holdings (LTS:0Q5S) has a current Days Payable of 45.98. The current Days Payable is 45.98, which is 52% below median its 10-year median of 96.13 and 49.1% below the Drug Manufacturers industry median of 90.38. 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 Choom Holdings (LTS:0Q5S), the current Days Payable is 45.98 as of Dec. 2021. 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.

Choom Holdings Business Description

Address 191 W. 2nd Avenue, Vancouver, BC, CAN, V5Y 1B8
Choom Holdings Inc is a retail cannabis company that has established an extensive store network across Canada. Choom is focused on delivering an elevated customer experience through high-quality service. The Choom brand is inspired by Hawaii's Choom Gang.