MJARF (MJardin Group) Days Payable: 207.47 (As of Sep. 2021)


What is MJardin Group Days Payable?

MJardin Group MJARF -99.00% Days Payable is 207.47 as of Sep. 2021.

MJardin Group's average Accounts Payable for the three months ended in Sep. 2021 was $6.29 Mil. MJardin Group's Cost of Goods Sold for the three months ended in Sep. 2021 was $2.77 Mil. Hence, MJardin Group's Days Payable for the three months ended in Sep. 2021 was 207.47.

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

MJARF's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

MJardin Group's Days Payable increased from Sep. 2020 (170.31) to Sep. 2021 (207.47). It may suggest that MJardin Group delayed paying its suppliers.

MJardin Group Days Payable Historical Data

* Premium members only.

The historical data trend for MJardin Group'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.

MJardin Group Days Payable Chart

MJardin Group Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 181.87 442.10

MJardin Group Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 170.31 1,234.51 0.00 233.22 207.47

MJARF vs EAPH, FPSUF, GCAN: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MJardin Group'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.

MJardin Group Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where MJardin Group's Days Payable falls into.


MJardin Group 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.

MJardin Group's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (6.508 + 4.381) / 2 ) / 4.495*365
=5.4445 / 4.495*365
=442.10

MJardin Group's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

Days Payable (Q: Sep. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (5.743 + 6.83) / 2 ) / 2.765*365 / 4
=6.2865 / 2.765*365 / 4
=207.47

* 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 207.47 mean?
MJardin Group (MJARF) has a Days Payable of 207.47 as of Sep. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MJardin Group and its competitors.
Is MJardin Group's Days Payable too high?
MJardin Group's current Days Payable is 207.47. The Drug Manufacturers industry median Days Payable is 90.84. MJardin Group's value of 207.47 is 128.4% above this industry median.
How does MJardin Group's Days Payable compare to EAPH and FPSUF?
MJardin Group's Days Payable of 207.47 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. MJardin Group's value of 207.47 is 128.4% 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 90.84, based on 920 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. MJardin Group's current Days Payable of 207.47 is 128.4% 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 MJardin Group and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MJardin Group's current Days Payable is 207.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJardin Group stock overvalued right now?
MJardin Group (MJARF) has a current Days Payable of 207.47. The current Days Payable is 207.47 and 128.4% above the Drug Manufacturers industry median of 90.84. 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 MJardin Group (MJARF), the current Days Payable is 207.47 as of Sep. 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.

MJardin Group Business Description

Address 1 Toronto Street, Suite 801, Toronto, ON, CAN, M5C 2V6
MJardin Group Inc is a Canada based cannabis cultivation and management company. It is engaged in the cultivation, processing, and distribution of medical cannabis. The company's operating segment includes Cultivation management in USA and Cultivation operations in Canada. It generates maximum revenue from the Cultivation management in USA segment. Cultivation management in USA segment engaged in the management services to owners of cultivation and dispensary facilities. The services provided are consulting, design, operational, and other management services.